KNOWLEDGEWORKS FOUNDATION: Form 990, tax year 2014
View the entire original 990 at ProPublica ↗
- Organization
- KNOWLEDGEWORKS FOUNDATION (EIN 31-1321973)
- Tax period
- 2014-07-01 to 2015-06-30
- Filed
- 2016-05-13
- IRS object ID
- 201621349349300147
- Schema version
- 2014v6.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule C
- Schedule D
- Schedule I
- Schedule J
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2016-05-13T09:35:49-05:00 | ReturnTs |
| Tax Period End | 2015-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 861065772 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Deloitte Tax LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 250 East Fifth Street Suite 1900 | AddressLine1Txt |
| City | Cincinnati | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 45202 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2014-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 311321973 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KnowledgeWorks Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | KNOW | BusinessNameControlTxt |
| Phone | 5139294777 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | One West Fourth Street No 200 | AddressLine1Txt |
| City | Cincinnati | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 452023634 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | William L McNeese | PersonNm |
| Person Title | Vice President & CFO | PersonTitleTxt |
| Phone | 5139294777 | PhoneNum |
| Signature | 2016-05-13 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Rebecca Lyons | PreparerPersonNm |
| PTIN | P01487105 | PTIN |
| Phone | 5137847100 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2014 | TaxYr |
| Build TS | 2016-08-17 19:52:53Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | Judith A Peppler | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | One West Fourth Street No 200 | AddressLine1Txt |
| City | Cincinnati | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 452023634 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $14,313,374 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | http://knowledgeworks.org/ | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1991 | FormationYr |
| Legal Domicile State | OH | LegalDomicileStateCd |
| Activity Or Mission | Create sustainable improvement in student readiness for college and careers. | ActivityOrMissionDesc |
| Voting Members Governing Body | 11 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 10 | VotingMembersIndependentCnt |
| Total Employee | 146 | TotalEmployeeCnt |
| Total Volunteers | 0 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $5,645,802 | PYContributionsGrantsAmt |
| CY Contributions Grants | $5,783,443 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $15,375,892 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $8,264,397 | CYProgramServiceRevenueAmt |
| PY Investment Income | $5,181 | PYInvestmentIncomeAmt |
| CY Investment Income | $2,071 | CYInvestmentIncomeAmt |
| PY Other Revenue | $275,326 | PYOtherRevenueAmt |
| CY Other Revenue | $263,463 | CYOtherRevenueAmt |
| PY Total Revenue | $21,302,201 | PYTotalRevenueAmt |
| CY Total Revenue | $14,313,374 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $913,842 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $2,481,569 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $15,429,220 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $10,432,306 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $153,368 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $14,638,440 | PYOtherExpensesAmt |
| CY Other Expenses | $10,930,083 | CYOtherExpensesAmt |
| PY Total Expenses | $30,981,502 | PYTotalExpensesAmt |
| CY Total Expenses | $23,843,958 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$9,679,301 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$9,530,584 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $68,738,117 | TotalAssetsBOYAmt |
| Total Assets EOY | $59,216,238 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $61,558,783 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $51,648,558 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $7,179,334 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $7,567,680 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | KnowledgeWorks' mission is to create sustainable improvement in student readiness for college and careers. By offering a portfolio of innovative education approaches and advancing aligned policies, KnowledgeWorks Foundation seeks to activate and develop the capacity of communities and educators to build and sustain vibrant learning ecosystems that allow each student to thrive. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | Yes (1) | SignificantChangeInd |
| Expense | $2,340,030 | ExpenseAmt |
| Revenue | $1,280,430 | RevenueAmt |
| Desc | EdWorks, LLCEdWorks experienced success across multiple sites in FY2015, from its most mature schools to those in their first year of implementation. American Institutes for Research (AIR) completed a longitudinal study of EdWorks Early College sites in Ohio and found EdWorks' Early College High Schools (ECHS) have grown substantially in the past seven years, both in the number of students served and in their school-level indicators of success. The AIR study noted EdWorks schools are a unique brand of ECHS in Ohio that serves many economically disadvantaged students and student groups that are traditionally underrepresented in higher education. The EdWorks ECHS model was evaluated in this study using a quasi-experimental matching study and a robust set of pre-intervention student-level data to examine the extent to which EdWorks ECHSs impacts academic achievement. The results indicate that the students who enrolled in Fast Track ECHSs significantly outperformed a group of matched control students in reading, mathematics, science, writing, and social studies sections of the OGT. AIR also looked at comparative evidence of college access and success. Between 2006 and 2012, EdWorks schools closed a substantial ACT performance gap with other Ohio high schools. And by 2009, EdWorks ECHS outpaced non EdWorks schools in the percentage of graduates who took part in the ACT. Overall, the AIR findings indicate a positive impact of EdWorks ECHS enrollment on an important intermediate academic outcomes, and in Ohio, one that is tied to high school completion.Initial data from new EdWorks sites in New York, Delaware and Ohio point to continued strong performance across multiple states. An NCREST study of EdWorks sites in New York found students in the first graduating class of "Smart Scholar" sites earned as many as 51 college credits while in high school. A report of data in the first year of operation at new EdWorks STEM ECHS (schools focusing on Science, Technology, Engineering and Math) in Delaware and Ohio, showed 95% of students earning college credits during their freshman year of high school.Finally, EdWorks continued to expand its Early College sites in Alabama during FY15. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $5,826,879 | ExpenseAmt |
| Grant | $1,537,178 | GrantAmt |
| Revenue | $4,072,168 | RevenueAmt |
| Desc | New Technology Network, LLC (NTN)The New Tech design is a blueprint, accompanied by a set of core beliefs, tools, and strategies to help each school fulfill its purpose. New Tech design principles provide for an instructional approach centered on project-based learning, a culture that empowers students and teachers, and integrated use of technology in the classroom. Through extensive professional development, personalized coaching and access to Echo, a learning management system, NTN empowers principals, teachers, and students to develop compelling, relevant and meaningful learning communities. The New Tech Network school portfolio included 158 schools in 2 countries, 26 states across the USA, representing over 42,000 students and 2,800 teachers. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $5,789,387 | ExpenseAmt |
| Grant | $633,661 | GrantAmt |
| Revenue | $1,078,115 | RevenueAmt |
| Desc | StriveTogether, LLCStriveTogether convenes a national Network of 63 cradle to career collective impact partnerships spanning 32 states and the District of Columbia. In total, these partnerships and the more than 9,500 organizations involved in them serve approximately 6.9 million children. The StriveTogether Theory of Action, which is a set of quality benchmarks for building cradle to career collective impact partnerships, continues to be used to help guide partnerships and assess their progress toward achieving sustained systems change and improvement in student outcomes.StriveTogether provides strategic assistance to communities to help to achieve benchmarks within the Theory of Action. StriveTogether also provides support to its network of communities through webinars, convenings, facilitation of an online resource portal and the development and deployment of interactive toolkits. In FY15 StriveTogether hosted 13 webinars and organized 8 convenings for network members. In addition, StriveTogether released two comprehensive toolkits, each comprised of multiple resources to support partnership development and progress. In FY15, StriveTogether contributed to thought leadership related to collective impact through 8 formal publications and numerous other articles and blogs.Strive PartnershipIn FY15, StrivePartnership's accomplishments toward its mission of improving academic outcomes for every child, cradle to career include:- Continuing momentum in outreach and public will to support the Cincinnati Preschool Promise two years of quality preschool for every child. Related efforts include formalizing a Steering Committee to recommend scope, funding, and implementation plans and launching a thorough independent review of data and best practices to expand quality preschool with the RAND Corporation.- Transfer of the Every Child Capital Fund from The Greater Cincinnati Foundation to KnowledgeWorks and completion of the Fund's first grant investment in the Imagination Library and Reach Out and Read programs at Cincinnati Children's Hospital Medical Center.- Completion of a data sharing agreement with Cincinnati Public Schools to improve the partnership's access to student-level data.- Release of the partnership's 6th annual report card (involving 150 partners), including trend lines for each of the partnership's academic indicators, 2020 targets for each indicator and data disaggregated by race, gender, and income.- Continued work to develop a training series with Cincinnati Children's Hospital Medical Center and StriveTogether aimed at building continuous improvement capability within nonprofit and school leaders and practitioners to impact the partnership's shared outcomes, beginning with a focus on third grade reading.- Innovative collaborative and data work with the Persistence Project a collaborative of regional postsecondary institutions focused on improving postsecondary completion rates by targeting strategies to reduce students' needs for math remediation.- Successful alignment of $300K of philanthropic dollars to support the replication of the Accelerated Study in Associates Programs (ASAP) at Cincinnati State Technical and Community College. ASAP has been nationally proven as one of the most effective early interventions for increasing graduation rates in Associates' Degree programs. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $4,340,201 | ExpenseAmt |
| Grant | $310,730 | GrantAmt |
| Revenue | $2,057,995 | RevenueAmt |
| Desc | Policy & Strategic ForesightFrom July 2014 to June 2015, KnowledgeWorks worked closely with policymakers, national organizations, and other education stakeholders to drive demand for radically personalized learning. Throughout the year, KnowledgeWorks worked deeply with several state departments of education; including our home state of Ohio, Connecticut, Alabama, and Kentucky; on aligning strategies to provide districts with the flexibility to scale personalized learning. In addition, KnowledgeWorks' published a state policy framework for scaling personalized learning containing state-level policy recommendations and guardrails that insure equality implementation. At the federal level, KnowledgeWorks helped advance an agenda for reauthorization of the Elementary and Secondary Education Act (ESEA) that would give states and districts the flexibility to build competency-based education systems, to strengthen the alignment between high school and postsecondary education, and to leverage the success of collective impact partnerships to close local disparities in student achievement. KnowledgeWorks' ESEA advocacy efforts led to the inclusion of more than a dozen recommendations in the U.S. Senate bill to advance these priorities including a new pilot program that would enable states to build competency-based assessment systems. In addition, KnowledgeWorks continued to exercise national thought leadership around the future of learning through publications, partnerships, and stakeholder engagements. Key publications and presentations included, "Innovating toward Vibrant Learning Ecosystems: Ten Pathways toward Transforming Learning," "Certifying Skills and Knowledge: Four Scenarios for the Future of Credentials," "Cultivating Interconnections for Vibrant and Equitable Learning Ecosystems and Katherine Prince's TEDxColumbus talk, "A Vision for Radically Personalized Learning and Huffington Post blog, "I Could Really Use a Learning Sherpa."Grant-makingThe Grant making program provided approximately $2.5 million in grants and contributions to 99 organizations.Student Lending ProgramsKnowledgeWorks served approximately 2,800 students during the fiscal year through its student lending programs. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $4,340,201 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Grant | $310,730 | TotalOtherProgSrvcGrantAmt |
| Total Other Prog Srvc Revenue | $2,057,995 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $18,296,497 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (1) | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | 0 | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | Yes (1) | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | Yes (1) | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (1) | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 142 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 146 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 11 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 10 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (1) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | Yes (1) | DelegationOfMgmtDutiesInd |
| Change To Org Documents | Yes (1) | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | Yes (1) | LocalChaptersInd |
| Policies Reference Chapters | Yes (1) | PoliciesReferenceChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Own Website | Yes (X) | OwnWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Holly A Brinkman | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 5139291141 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | One West Fourth Street Suite 200 | AddressLine1Txt |
| City | Cincinnati | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 45202 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | Yes (X) | InfoInScheduleOPartVIIInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (25 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd |
|---|---|---|---|---|---|---|---|---|---|---|
| John E Dean Esq | ||||||||||
| Chair of the Board | 2.00 | 1.00 | Yes (X) | $0 | $0 | $14,200 | ||||
| Steven Minter | ||||||||||
| Vice Chair of the Board | 2.00 | 0.00 | Yes (X) | $6,750 | $0 | $0 | ||||
| Joseph P Tomain Esq | ||||||||||
| Treasurer of the Board | 2.00 | 2.00 | Yes (X) | $0 | $0 | $6,250 | ||||
| Dr Jacquelyn M Belcher | ||||||||||
| Director | 2.00 | 0.00 | Yes (X) | $5,850 | $0 | $0 | ||||
| Hon Nathaniel R Jones | ||||||||||
| Director | 2.00 | 0.00 | Yes (X) | $5,250 | $0 | $0 | ||||
| Lucie Lapovsky | ||||||||||
| Director | 2.00 | 0.00 | Yes (X) | $0 | $0 | $6,850 | ||||
| Richard W Riley Esq | ||||||||||
| Director | 2.00 | 0.00 | Yes (X) | $5,250 | $0 | $0 | ||||
| Eileen Rudden | ||||||||||
| Director | 2.00 | 0.00 | Yes (X) | $6,950 | $0 | $0 | ||||
| Barry Schuler | ||||||||||
| Director | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| Timothy Tuff | ||||||||||
| Director | 2.00 | 0.00 | Yes (X) | $0 | $0 | $7,250 | ||||
| Judith A Peppler | ||||||||||
| President & CEO | 38.00 | 2.00 | Yes (X) | $495,079 | $0 | $142,930 | Yes (X) | |||
| William L McNeese | ||||||||||
| Sr. VP & CFO | 34.00 | 6.00 | $273,145 | $0 | $59,930 | Yes (X) | ||||
| Douglas Thomson Sch O | ||||||||||
| Secretary | 2.00 | 1.00 | $0 | $0 | $0 | Yes (X) | ||||
| Catherine Allshouse | ||||||||||
| Chief Information Officer | 40.00 | 0.00 | $231,730 | $0 | $55,119 | Yes (X) | ||||
| Meredith Meyer | ||||||||||
| VP Strategy/Chief of Staff | 40.00 | 0.00 | $199,843 | $0 | $63,153 | Yes (X) | ||||
| Holly A Brinkman | ||||||||||
| VP & CFO | 34.00 | 6.00 | $196,522 | $0 | $56,597 | Yes (X) | ||||
| Harold Brown | ||||||||||
| President EdWorks | 40.00 | 0.00 | $226,552 | $0 | $63,378 | Yes (X) | ||||
| Jeff Edmondson | ||||||||||
| Managing Dir StriveTogether | 40.00 | 0.00 | $219,381 | $0 | $58,389 | Yes (X) | ||||
| Pranav Kothari | ||||||||||
| Sr. Director Innovation | 40.00 | 0.00 | $224,596 | $0 | $43,022 | Yes (X) | ||||
| Cris Charbonneau | ||||||||||
| VP Marketing & Communications | 40.00 | 0.00 | $193,192 | $0 | $37,743 | Yes (X) | ||||
| Matt Godsted | ||||||||||
| Sr. Director Technology | 40.00 | 0.00 | $185,118 | $0 | $52,622 | Yes (X) | ||||
| Matthew Williams | ||||||||||
| VP Policy & Advocacy | 40.00 | 0.00 | $180,637 | $0 | $51,587 | Yes (X) | ||||
| Tim Presiado | ||||||||||
| Interim President NTN | 40.00 | 0.00 | $165,136 | $0 | $7,245 | Yes (X) | ||||
| Rick Lear | ||||||||||
| Sr. Dir of School Design & Impl | 40.00 | 0.00 | $148,981 | $0 | $12,436 | Yes (X) | ||||
| Lydia Dobyns | ||||||||||
| President New Tech Network | 0.00 | 0.00 | $215,900 | $0 | $0 | Yes (X) | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $3,185,862 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $738,701 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 27 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (1) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Frost Brown Todd LLC | |||||
| 301 E 4th Street | Cincinnati | OH | 45202 | Legal Services | $458,622 |
| Liscarnan Solutions LLC | |||||
| 7424 Eldorado St | Mclean | VA | 22102 | Student Lending Consultants | $450,000 |
| Kohne O'Neill LLC | |||||
| 8160 Corporate Park Dr | Cincinnati | OH | 45242 | Student Lending Consultants | $332,838 |
| Equal Measure | |||||
| 1528 Walnut St Suite 805 | Philadelphia | PA | 19102 | Consulting Services for StriveTogether | $242,248 |
| Deloitte & Touche LLP | |||||
| 250 E Fifth St Suite 1900 | Cincinnati | OH | 45202 | Audit & Accounting Services | $185,500 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 8 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $432,083 | GovernmentGrantsAmt |
| All Other Contributions | $5,351,360 | AllOtherContributionsAmt |
| Total Contributions | $5,783,443 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| Fees for Services | 611710 | $6,485,227 | $6,485,227 |
| Int on Student Loans | 611710 | $1,716,981 | $1,716,981 |
| KWI Admin Fees | 611710 | $62,189 | $62,189 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $8,264,397 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,071 | TotalRevenueColumnAmt |
| Exclusion | $2,071 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | ExclusionExclusionAmt |
|---|---|---|---|---|
| Servicing Fee Income | 611710 | $224,311 | $224,311 | |
| Securities Litigation | 611710 | $39,152 | $39,152 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $263,463 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $14,313,374 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $8,488,708 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $41,223 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,481,569 | TotalAmt |
| Program Services | $2,481,569 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,291,793 | TotalAmt |
| Program Services | $1,483,103 | ProgramServicesAmt |
| Management And General | $694,640 | ManagementAndGeneralAmt |
| Fundraising | $114,050 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,146,411 | TotalAmt |
| Program Services | $4,067,413 | ProgramServicesAmt |
| Management And General | $2,054,245 | ManagementAndGeneralAmt |
| Fundraising | $24,753 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $522,719 | TotalAmt |
| Program Services | $339,767 | ProgramServicesAmt |
| Management And General | $176,147 | ManagementAndGeneralAmt |
| Fundraising | $6,805 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $916,996 | TotalAmt |
| Program Services | $602,320 | ProgramServicesAmt |
| Management And General | $313,944 | ManagementAndGeneralAmt |
| Fundraising | $732 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $554,387 | TotalAmt |
| Program Services | $361,616 | ProgramServicesAmt |
| Management And General | $185,743 | ManagementAndGeneralAmt |
| Fundraising | $7,028 | FundraisingAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,907,110 | TotalAmt |
| Program Services | $2,652,811 | ProgramServicesAmt |
| Management And General | $254,299 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $307,399 | TotalAmt |
| Program Services | $188,189 | ProgramServicesAmt |
| Management And General | $119,210 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $234,015 | TotalAmt |
| Program Services | $43,139 | ProgramServicesAmt |
| Management And General | $190,876 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $31,177 | TotalAmt |
| Program Services | $31,177 | ProgramServicesAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $124,432 | TotalAmt |
| Program Services | $87,510 | ProgramServicesAmt |
| Management And General | $36,922 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $297,583 | TotalAmt |
| Program Services | $180,200 | ProgramServicesAmt |
| Management And General | $117,383 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $530,620 | TotalAmt |
| Program Services | $188,897 | ProgramServicesAmt |
| Management And General | $341,723 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $452,582 | TotalAmt |
| Program Services | $164,350 | ProgramServicesAmt |
| Management And General | $288,232 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,708,744 | TotalAmt |
| Program Services | $1,556,446 | ProgramServicesAmt |
| Management And General | $152,298 | ManagementAndGeneralAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,848,870 | TotalAmt |
| Program Services | $1,816,289 | ProgramServicesAmt |
| Management And General | $32,581 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $590,958 | TotalAmt |
| Program Services | $590,958 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $246,381 | TotalAmt |
| Program Services | $44,311 | ProgramServicesAmt |
| Management And General | $202,070 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $124,856 | TotalAmt |
| Program Services | $625 | ProgramServicesAmt |
| Management And General | $124,231 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (3 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt |
|---|---|---|
| Amortization Expense | $524,899 | $524,899 |
| Cons Rebate Fees | $518,229 | $518,229 |
| Loan Svc/Trustee Fees | $225,891 | $225,891 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $256,337 | TotalAmt |
| Program Services | $146,788 | ProgramServicesAmt |
| Management And General | $109,549 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $23,843,958 | TotalAmt |
| Program Services | $18,296,497 | ProgramServicesAmt |
| Management And General | $5,394,093 | ManagementAndGeneralAmt |
| Fundraising | $153,368 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,918,352 | BOYAmt |
| EOY | $4,524,229 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,002,375 | BOYAmt |
| EOY | $1,631,804 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,211,075 | BOYAmt |
| EOY | $3,005,662 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,422,721 | BOYAmt |
| EOY | $751,336 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $842,933 | BOYAmt |
| EOY | $258,853 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $4,221,170 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $3,324,909 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,330,381 | BOYAmt |
| EOY | $896,261 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $52,387,679 | BOYAmt |
| EOY | $46,441,858 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,622,601 | BOYAmt |
| EOY | $1,706,235 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $68,738,117 | BOYAmt |
| EOY | $59,216,238 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,211,110 | BOYAmt |
| EOY | $3,212,574 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,635,033 | BOYAmt |
| EOY | $373,449 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $51,448,502 | BOYAmt |
| EOY | $44,508,356 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,264,138 | BOYAmt |
| EOY | $3,554,179 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $61,558,783 | BOYAmt |
| EOY | $51,648,558 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,723,434 | BOYAmt |
| EOY | $1,926,410 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,455,900 | BOYAmt |
| EOY | $5,641,270 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,179,334 | BOYAmt |
| EOY | $7,567,680 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $68,738,117 | BOYAmt |
| EOY | $59,216,238 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$9,530,584 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $9,918,930 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | Yes (X) | PubliclySupportedOrg509a2Ind |
Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $17,591,360 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $15,723,031 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $13,176,203 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $6,616,011 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $15,752,459 | CurrentTaxYearAmt |
| Total | $68,859,064 | TotalAmt |
Gross Receipts Admissions GrossReceiptsAdmissionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $16,967,219 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $18,806,066 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $19,928,022 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $15,375,892 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $8,264,397 | CurrentTaxYearAmt |
| Total | $79,341,596 | TotalAmt |
Total509 Total509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $34,558,579 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $34,529,097 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $33,104,225 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $21,991,903 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $24,016,856 | CurrentTaxYearAmt |
| Total | $148,200,660 | TotalAmt |
Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $14,943,399 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $11,874,852 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $9,806,454 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,259,974 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $10,031,205 | CurrentTaxYearAmt |
| Total | $47,915,884 | TotalAmt |
Substantial Contributors Amt SubstantialContributorsAmtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,713,834 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $358,699 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $715,739 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $678,711 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $494,693 | CurrentTaxYearAmt |
| Total | $3,961,676 | TotalAmt |
Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $16,657,233 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $12,233,551 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $10,522,193 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,938,685 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $10,525,898 | CurrentTaxYearAmt |
| Total | $51,877,560 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | $96,323,100 | PublicSupportTotal509Amt |
Gross Investment Income509 GrossInvestmentIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $72,569 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $70,721 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $29,505 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $5,181 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,071 | CurrentTaxYearAmt |
| Total | $180,047 | TotalAmt |
Investment Income And UBTI InvestmentIncomeAndUBTIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $72,569 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $70,721 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $29,505 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $5,181 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,071 | CurrentTaxYearAmt |
| Total | $180,047 | TotalAmt |
Other Income509 OtherIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $32,754 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,114,362 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $693,780 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $275,326 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $263,463 | CurrentTaxYearAmt |
| Total | $2,379,685 | TotalAmt |
Total Support Calendar Year TotalSupportCalendarYearGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $34,663,902 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $35,714,180 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $33,827,510 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $22,272,410 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $24,282,390 | CurrentTaxYearAmt |
| Total | $150,760,392 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support CY509 | 0.63890 | PublicSupportCY509Pct |
| Public Support PY509 | 0.61820 | PublicSupportPY509Pct |
| Investment Income CY | 0.00120 | InvestmentIncomeCYPct |
| Investment Income PY | 0.00170 | InvestmentIncomePYPct |
| Thirty Thr Pct Suprt Tests CY509 | Yes (X) | ThirtyThrPctSuprtTestsCY509Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule A, Part III, Line 12, Explanation of Other Income: | FormAndLineReferenceDesc |
| Explanation | Securities Litigation Income Servicing Fee Income | ExplanationTxt |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Volunteers | 0 | VolunteersInd |
| Paid Staff Or Management | 0 | PaidStaffOrManagementInd |
| Media Advertisements | 0 | MediaAdvertisementsInd |
| Mailings Members | 0 | MailingsMembersInd |
| Publications Or Broadcast | 0 | PublicationsOrBroadcastInd |
| Grants Other Organizations | 0 | GrantsOtherOrganizationsInd |
| Direct Contact Legislators | Yes (1) | DirectContactLegislatorsInd |
| Direct Contact Legislators | $31,177 | DirectContactLegislatorsAmt |
| Rallies Demonstrations | 0 | RalliesDemonstrationsInd |
| Other Activities | 0 | OtherActivitiesInd |
| Total Lobbying Expenditures | $31,177 | TotalLobbyingExpendituresAmt |
| Not Described Section501c3 | 0 | NotDescribedSection501c3Ind |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part II-B, Line 1: | Meetings with federal and state representatives regarding education policies. |
| Part I-A and I-B: | These sections are Not Applicable" as KnowledgeWorks Foundation does not participate in or intervene in (including the publishing or distributing of statements), any political campaign on behalf of (or in opposition to) any candidate for public office. |
Schedule D IRS990ScheduleD
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,328,338 | OtherCostOrOtherBasisAmt |
| Depreciation | $791,255 | DepreciationAmt |
| Book Value | $537,083 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,310,387 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,157,116 | DepreciationAmt |
| Book Value | $153,271 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,582,445 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,376,538 | DepreciationAmt |
| Book Value | $205,907 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $896,261 | TotalBookValueLandBuildingsAmt |
Invst Program Related Org InvstProgramRelatedOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Student Loan Receivables, Net of Unamortized Loan Acquisition Costs | Desc |
| Book Value | $46,441,858 | BookValueAmt |
| Method Valuation | C | MethodValuationCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Program Rltd | $46,441,858 | TotalBookValueProgramRltdAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| Interest Payable | $55,603 |
| Student Loan Program Residual | $3,498,576 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $3,554,179 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part X, Line 2: | FormAndLineReferenceDesc |
| Explanation | The Foundation has analyzed tax positions taken for filing with the IRS and all state jurisdictions where it operates. The Foundation believes that income tax filing positions will be sustained upon examination and does not anticipate any adjustments that would result in a material adverse effect on the Foundation's financial position, statement of activities, or cash flows. Accordingly, the Foundation has not recorded any reserves or related accruals for interest and penalties for uncertain income tax positions at June 30, 2015 and 2014. In the event interest and penalties accrued on unrecognized tax benefits, the Foundation would recognize such amounts as a component of income tax expense. | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (26 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt | Address Line2USAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|
| All Hands Raised | ||||||||
| 2069 NE Hoyt St | Portland | OR | 97232 | 931149789 | 501(c)(3) | $19,500 | Cradle to Career network and evaluation support | |
| Avondale Comprehensive Development Corp | ||||||||
| 3494 Reading Rd Suite A-1 | Cincinnati | OH | 45229 | 452412696 | 501(c)(3) | $10,000 | Support of Promise Club | |
| Children's Hospital Medical Center | ||||||||
| 3333 Burnet Ave MLC 4900 | Cincinnati | OH | 45229 | 310833936 | 501(c)(3) | $239,758 | Continuous Quality Improvement and Reach Out and Read Project | |
| Christ Emmanuel Christian Fellowship | ||||||||
| 1225 E McMillan St | Cincinnati | OH | 45206 | 311200436 | 501(c)(3) | $6,000 | Support Camp Destiny | |
| Cincinnati Public Schools | ||||||||
| 2651 Burnet Avenue | Cincinnati | OH | 45219 | 316000758 | Gov't Entity | $49,000 | Learning Partner Dashboard | |
| Cincinnati State Technical and Community College | ||||||||
| 3520 Central Parkway | Cincinnati | OH | 45223 | 311430847 | 501(c)(3) | $15,000 | Postsecondary Success Data Analytic Project | |
| Clarendon School District One | ||||||||
| 12 S Church St PO Box 38 | Summerton | SC | 29148 | 570481945 | Gov't Entity | $85,989 | Teacher professional development, training and technology support | |
| Colleton County School District | ||||||||
| 213 N Jefferies Blvd | Walterboro | SC | 29488 | 576000338 | Gov't Entity | $87,979 | Teacher professional development, training and technology support | |
| Commit2Dallas | ||||||||
| 2501 Oak Lawn Ave Suite 800 | Dallas | TX | 75219 | 800790222 | 501(c)(3) | $15,500 | Cradle to Career network and evaluation support | |
| Community Foundation for the National Capital Region | ||||||||
| 1201 15th St NW Suite 420 | Washington | DC | 20005 | 237343119 | 501(c)(3) | $5,500 | Cradle to Career network evaluation and Exploring Convening support | |
| Convergence | ||||||||
| 1133 19th Street NW Suite 250 | Washington | DC | 20036 | 320280279 | 501(c)(3) | $25,000 | Reimaging Education Project | |
| Council of Chief State School Officers | ||||||||
| One Massachusetts Ave NW | Washington | DC | 20001 | 530198090 | 501(c)(3) | $68,000 | Sponsorship and Support of Advisory Accountability Taskforce | |
| Foundation for Tacoma Students GTCF Fund | ||||||||
| 1201 Pacific Ave Suite 2100 | Tacoma | WA | 98402 | 273029219 | 501(c)(3) | $12,000 | Cradle to Career Network support | |
| Fresno Unified School District | ||||||||
| 2309 Tulare St | Fresno | CA | 93721 | 946002206 | Gov't Entity | $25,000 | Technology support | |
| Gateway Community & Technical College | ||||||||
| 789 Thomas More Pkwy | Edgewood | KY | 41017 | 611239550 | 501(c)(3) | $15,000 | Postsecondary Success Data Analytic Project | |
| National College Access Network | ||||||||
| 1001 Connecticut Ave NW Suite 632 | Washington | DC | 20036 | 311793562 | 501(c)(3) | $11,000 | 2015 National Conference and Matching Gift | |
| NTN Parent Inc | ||||||||
| 1250 Main St Suite 100 | Napa | CA | 94559 | 201887944 | 501(c)(3) | $1,515,000 | Support for New Tech Network and Aiken NTHS | |
| MDRC | ||||||||
| 16 E 34th St 19th Floor | New York | NY | 10016 | 237379473 | 501(c)(3) | $50,000 | Accelerated Study | |
| Northeast Indiana Fund | ||||||||
| 200 E Main St Suite 910 | Fort Wayne | IN | 46802 | 593812438 | 501(c)(3) | $6,000 | Project FAFSA and Knowledge Fellows Support | |
| Northern Kentucky University | ||||||||
| MP 401 Nunn Dr | Highland Heights | KY | 41099 | 611010545 | Gov't Entity | $15,000 | Postsecondary Success Data Analytic Project | |
| People First Partnership | ||||||||
| 600 Jefferson Ave Suite 310 | Memphis | TN | 38105 | 452464843 | 501(c)(3) | $12,000 | Cradle to Career Network support | |
| The Ohio Organizing Collaborative | ||||||||
| 25 E Boardman St Suite 428 | Youngstown | OH | 44503 | 261601472 | 501(c)(3) | $30,000 | Preschool Promise support | |
| United Way of Racine | ||||||||
| 2000 Domanik Dr | Racine | WI | 53404 | 390806349 | 501(c)(3) | $15,000 | radle to Career network and Exploring Convening support | |
| University at Albany Foundation | ||||||||
| 1400 Washington Ave UAF 226 | Albany | NY | 12222 | 141503972 | 501(c)(3) | $5,500 | Cradle to Career network evaluation and Exploring Convening support | |
| University of Cincinnati Foundation | ||||||||
| College of Education Criminal | Cincinnati | OH | 45221 | 310896555 | 501(c)(3) | $6,552 | Project FAFSA and Early Grade Level Reading | Justice and Human Services Universi |
| Virginia Commonwealth University | ||||||||
| 901 W Franklin St | Richmond | VA | 23284 | 540757884 | 501(c)(3) | $10,500 | Project FAFSA and Cradle to Career network evaluation support | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 26 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, Line 2 | FormAndLineReferenceDesc |
| Explanation | KnowledgeWorks Foundation uses the MicroEdge Gifts for Windows software system to maintain grantmaking records. Data tracked by KnowledgeWorks includes: date of request, eligibility of grantee, contact information, date grant was awarded or denied, grant purpose, grant budget, electronic copy of executed grant contracts and required financial reports and timing. The KnowledgeWorks Grants Administrator provides periodic reporting to Program Managers and follows up with grantees as required financial reporting is due. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | Yes (1) | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | Yes (1) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (14 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Judith A Peppler | ||||||||||||||
| President & CEO | $391,607 | $0 | $99,692 | $0 | $3,780 | $0 | $117,476 | $0 | $25,454 | $0 | $638,009 | $0 | $0 | $0 |
| William L McNeese | ||||||||||||||
| Sr. VP & CFO | $177,108 | $0 | $48,195 | $0 | $47,842 | $0 | $41,951 | $0 | $17,979 | $0 | $333,075 | $0 | $0 | $0 |
| Catherine Allshouse | ||||||||||||||
| Chief Information Officer | $186,022 | $0 | $42,750 | $0 | $2,958 | $0 | $37,304 | $0 | $17,815 | $0 | $286,849 | $0 | $0 | $0 |
| Meredith Meyer | ||||||||||||||
| VP Strategy/Chief of Staff | $158,857 | $0 | $38,273 | $0 | $2,713 | $0 | $32,699 | $0 | $30,454 | $0 | $262,996 | $0 | $0 | $0 |
| Holly A Brinkman | ||||||||||||||
| VP & CFO | $157,810 | $0 | $36,000 | $0 | $2,712 | $0 | $31,143 | $0 | $25,454 | $0 | $253,119 | $0 | $0 | $0 |
| Harold Brown | ||||||||||||||
| President EdWorks | $181,607 | $0 | $42,435 | $0 | $2,510 | $0 | $36,974 | $0 | $26,404 | $0 | $289,930 | $0 | $0 | $0 |
| Jeff Edmondson | ||||||||||||||
| Managing Dir StriveTogether | $175,907 | $0 | $40,500 | $0 | $2,974 | $0 | $34,985 | $0 | $23,404 | $0 | $277,770 | $0 | $0 | $0 |
| Pranav Kothari | ||||||||||||||
| Sr. Director Innovation | $181,148 | $0 | $40,500 | $0 | $2,948 | $0 | $34,985 | $0 | $8,037 | $0 | $267,618 | $0 | $0 | $0 |
| Cris Charbonneau | ||||||||||||||
| VP Marketing & Communications | $169,647 | $0 | $20,596 | $0 | $2,949 | $0 | $29,206 | $0 | $8,537 | $0 | $230,935 | $0 | $0 | $0 |
| Matt Godsted | ||||||||||||||
| Sr. Director Technology | $158,023 | $0 | $24,365 | $0 | $2,730 | $0 | $28,718 | $0 | $23,904 | $0 | $237,740 | $0 | $0 | $0 |
| Matthew Williams | ||||||||||||||
| VP Policy & Advocacy | $144,907 | $0 | $33,750 | $0 | $1,980 | $0 | $27,183 | $0 | $24,404 | $0 | $232,224 | $0 | $0 | $0 |
| Tim Presiado | ||||||||||||||
| Interim President NTN | $143,313 | $0 | $0 | $0 | $21,823 | $0 | $6,860 | $0 | $385 | $0 | $172,381 | $0 | $0 | $0 |
| Rick Lear | ||||||||||||||
| Sr. Dir of School Design & Impl | $131,893 | $0 | $0 | $0 | $17,088 | $0 | $6,254 | $0 | $6,182 | $0 | $161,417 | $0 | $0 | $0 |
| Lydia Dobyns | ||||||||||||||
| President New Tech Network | $0 | $0 | $0 | $0 | $215,900 | $0 | $0 | $0 | $0 | $0 | $215,900 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part I, Line 1a | The Foundation maintains memberships in a local social club in the name of the President & CEO. This membership is a business membership for the benefit of the Foundation. As such, the monthly dues are paid by the Foundation. Any personal use is paid by the President & CEO. |
| Part I, Line 4a | Severance Payments: - Lydia Dobyns = $215,900 |
| Part I, Line 7 | KnowledgeWorks Foundation offers an individual incentive based bonus program, where the annual payout is determined by achievement of established objectives. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (10 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part III, line 3 | Effective September 30, 2014, KnowledgeWorks Foundation spun off New Technology Networks, LLC (NTN) by transferring the assets, liabilities and operations of NTN to a controlled non-profit organization and then surrendering control of this non-profit organization to a newly-formed independent board. The activity of NTN has been included in the 2014 Form through the date of spin-off. |
| Form 990, Part VI, Section A, line 2 | Certain KnowledgeWorks Foundation board members are also members of the boards of certain KnowledgeWorks Foundation affiliates. These overlapping board memberships constitute a "business relationship" as defined by the Form 990 instructions. |
| Form 990, Part VI, Section A, line 3 | KnowledgeWorks Foudation contracted with Nelnet to administer its student lending programs. |
| Form 990, Part VI, Section A, line 4 | At its August, 2014 Annual Meeting, the Board amended the Regulations to permit the KnowledgeWorks Board to modify or waive term limits on a director's ability for election or re-election. |
| Form 990, Part VI, Section B, line 11 | After completion by the preparer, the draft of the Form 990 is reviewed by the Accounting Manager and Chief Financial Officer. The final draft of the Form 990 is reviewed with the Audit Committee. After it receives the approval of the Audit Committee, the final Form 990 is distributed to all members of the Board of Directors before it is filed. |
| Form 990, Part VI, Section B, line 12c | On an annual basis a conflicts of interest questionnaire is completed by directors, officers and key employees and reviewed by management. Items reported are discussed with Legal Counsel, who advise management and the board of any required actions. The conflicts of interest policy is distributed with the annual questionnaire and is also accessible on the secure director's portion of the Foundation's website. |
| Form 990, Part VI, Section B, line 15 | The compensation of the CEO, other officers, and key employees are set by the Compensation Committee of the Board of Directors utilizing a compensation study performed by an independent compensation consulting firm comparing similar positions in similar organizations. Members of the Board of Directors have in the past received reasonable compensation for their services as members of the Board of Directors. However, compensation to Board of Directors ceased as of July 2014. |
| Form 990, Part VI, Section C, line 19 | The consolidated financial statements of KnowledgeWorks Foundation and its subsidiaries are available on the KnowledgeWorks Foundation website. KnowledgeWorks Foundation's Form 990 is also available on its website. The governing documents and Conflict of Interest Policy are available upon request. |
| Form 990, Part VII, Section A: | Explanation of Compensation Arrangement: Douglas Thomson is not directly compensated for his services as Secretary to KnowledgeWorks Foundation. Douglas Thomson is a member (but owns or controls less than 1%) at Frost Brown Todd, LLC, a law firm with over 400 lawyers. KnowledgeWorks Foundation does compensate Frost Brown Todd, LLC for legal services, including Douglas Thomson's services as Secretary to KnowledgeWorks Foundation. The amount paid to Douglas Thomson for his services as Secretary of KnowledgeWorks Foundation cannot be determined. |
| Form 990, Part XI, line 9: | Unrealized Loss on Liability for Student Loan Residual -294,248. Amortization of Discount on Student Loans 964,865. Distribution of Investments from Exempt Subsidiary - KWI 9,969,016. All Other -720,703. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Total IncomeTotalIncomeAmt | End Of Year AssetsEndOfYearAssetsAmt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt |
|---|---|---|---|---|---|---|---|---|---|
| StriveTogether LLC | |||||||||
| One West Fourth Street Suite 200 | Cincinnati | OH | 45202 | 272300365 | Implement Best Practices for Student Success | OH | $6,161,283 | $6,106,433 | KnowledgeWorks Foundation |
| KWSL LLC | |||||||||
| One West Fourth Street Suite 200 | Cincinnati | OH | 45202 | 510560916 | Directs Operations of KFO | OH | $245,022 | $53,182 | KnowledgeWorks Foundation |
| EdWorks LLC | |||||||||
| One West Fourth Street Suite 200 | Cincinnati | OH | 45202 | 272300265 | Effective Long-Term High School Improvement Solutions | OH | $1,280,430 | $594,692 | KnowledgeWorks Foundation |
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (2 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| KWI | ||||||||||
| One West Fourth Street Suite 200 | Cincinnati | OH | 45202 | 311776354 | Supporting Organization | OH | Section 501(c)(3) | Schedule A, Line 11a | KnowledgeWorks Foundation | Yes (1) |
| KnowledgeFunding Ohio Inc | ||||||||||
| One West Fourth Street Suite 200 | Cincinnati | OH | 45202 | 201888000 | Student Loan Acquistion | OH | Section 501(c)(3) | Schedule A, Line 9 | KnowledgeWorks Foundation | Yes (1) |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | Yes (1) | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (1) | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (1) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | Yes (1) | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (2 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| KWI | ||
| Q | $150,000 | Investment Advisor Fees |
| KWI | ||
| S | $9,969,016 | Actual Amount of Cash Transfers |