2013-07-30T10:36:21-05:00 2012-12-31 462108854 KENDALL PREBOLA AND JONES LLC PO BOX 259 BEDFORD PA 155220259 990 2012-01-01 272107952 CHANGE THE EQUATION INC CHAN 2026265740 1101 K STREET NW NO 610 WASHINGTON DC 20005 LINDA P ROSEN PHD 2026265740 2013-07-30 1 RICHARD M JONESCPA P00621721 8146231880 2013-07-30 X 2012 2016-02-24 21:20:13Z LINDA P ROSEN PHD 1101 K STREET NW WASHINGTON DC 20005 3479303 0 X WWW.CHANGETHEEQUATION.ORG X 2010 DE CHANGE THE EQUATION'S (CTEQ) MISSION IS TO CREATE WIDESPREAD LITERACY IN SCIENCE, TECHNOLOGY, ENGINEERING AND MATHEMATICS (STEM) AS AN INVESTMENT IN OUR NATION THAT EMPOWERS US ALL. CTEQ HELPS TO ENGAGE YOUNG PEOPLE, IN PARTICULAR, UNDERREPRESENTED GROUPS, IN STEM LEARNING THAT WILL ENABLE THEM TO SUCCEED IN POST-SECONDARY EDUCATION, HOLD REWARDING JOBS, AND PARTICIPATE FULLY AS CITIZENS. 6 6 10 8 0 0 3488552 3478825 0 0 15 -10257 0 0 3488567 3468568 0 0 0 0 963432 1024462 0 0 67395 937709 2486633 1901141 3511095 1587426 -42527 5506107 5033276 2084175 1653871 3421932 3379405 X CHANGE THE EQUATION'S (CTEQ) MISSION IS TO CREATE WIDESPREAD LITERACY IN SCIENCE, TECHNOLOGY, ENGINEERING AND MATHEMATICS (STEM) AS AN INVESTMENT IN OUR NATION THAT EMPOWERS US ALL. CTEQ HELPS TO ENGAGE YOUNG PEOPLE, IN PARTICULAR, UNDERREPRESENTED GROUPS, IN STEM LEARNING THAT WILL ENABLE THEM TO SUCCEED IN POST-SECONDARY EDUCATION, HOLD REWARDING JOBS, AND PARTICIPATE FULLY AS CITIZENS. 0 0 417782 STRENGTHENING CTEQ MEMBERS' PHILANTHROPYIN 2010-2011, CTEQ WORKED WITH A COMMITTEE OF REPRESENTATIVES FROM MEMBER COMPANIES TO CREATE A SET OF DESIGN PRINCIPLES FOR EFFECTIVE STEM PHILANTHROPY, TOGETHER WITH A RUBRIC TO HELP COMPANIES APPLY THE PRINCIPLES. THESE TOOLS AIM TO HELP MEMBER COMPANIES EXAMINE THEIR OWN PRACTICE AND INCREASE THE IMPACT OF THE RESOURCES THEY DEVOTE TO IMPROVING LEARNING IN STEM. IN 2012, CTEQ EXPANDED ITS PHILANTHROPY WORK BY CONTRACTING WITH WESTED, A NON-PROFIT EVALUATION AND RESEARCH FIRM, TO CREATE STEMWORKS, A SEARCHABLE DATABASE OF STEM LEARNING PROGRAMS THAT MEASURE UP TO THE DESIGN PRINCIPLES. CTEQ AND WESTED REVIEWED AND REFINED THE DESIGN PRINCIPLES AND RUBRIC, CREATED A RIGOROUS ONLINE APPLICATION FORM FOR PROGRAMS THAT WANTED TO BE FEATURED IN STEMWORKS. PROGRAMS ARE ASKED TO RATE THEMSELVES AGAINST EACH OF THE PRINCIPLES, EXPLAIN THEIR SELF-RATINGS AND THEN PROVIDE EVIDENCE SUPPORTING THOSE RATINGS. WESTED RATERS THEN REVIEW THE APPLICATIONS AND DETERMINE WHETHER APPLICANTS SELF-RATINGS ARE SUPPORTED BY EVIDENCE. PROGRAMS THAT MEET A HIGH BAR ARE ADMITTED INTO STEMWORKS.CTEQ LAUNCHED STEMWORKS IN JUNE OF 2012, AND WESTED REVIEWED APPLICATIONS THROUGH MID-FEBRUARY 2013. THEY SET A VERY HIGH BAR: ONLY 29% OF PROGRAMS THAT APPLIED WERE ADMITTED TO THE DATABASE. 1286052 ADVOCACY FOR STEM LEARNINGCHANGE THE EQUATION IS COMMITTED TO PROMOTING SOUND STATE-LEVEL POLICY AND PRACTICE RECOMMENDATIONS TO STRENGTHEN STEM LEARNING FOR ALL STUDENTS. ONE STRATEGY FOR ADDRESSING THIS GOAL THIS YEAR WAS THE PUBLICATION OF DATA-DRIVEN VITAL SIGNS REPORTS ON DATA INDICATORS RELATED TO STEM LEARNING. WITH FUNDING FROM THE BILL & MELINDA GATES FOUNDATION, CTEQ PARTNERED WITH THE AMERICAN INSTITUTES FOR RESEARCH (AIR) TO CREATE ROBUST, STATE-BY-STATE VITAL SIGNS REPORTS. THESE REPORTS, RELEASED IN SEPTEMBER 2012, COMBINED A TROVE OF DATA WITH RECOMMENDATIONS TARGETED TOWARD EACH STATES AUDIENCE. THIS ANALYSIS IS THE RICHEST, MOST COMPLETE STATE-BY-STATE INFORMATION ON STEM LEARNING EVER ASSEMBLED. THESE REPORTS COMBINE PUBLICLY AVAILABLE DATA WITH NEW DATA GLEANED FROM NEW SOURCES OR REANALYSIS OF DATA IN EXISTING SOURCES. THE DATA WILL BE AVAILABLE IN BRIEF PRINTED REPORTS AS WELL AS IN AN INTERACTIVE WEBSITE THAT WILL ALLOW VISITORS TO EXPLORE STATE-BY-STATE DATA IN MORE DEPTH.THE REPORTS PRESENTED DATA ON OUTCOMES (OR RESULTS SUCH AS TEST SCORES AND GRADUATION RATES), INPUTS (SUCH AS RESOURCES FOR EDUCATION) AND PROCESSES (SUCH AS TEACHER EDUCATION PRACTICES, CONTENT STANDARDS, ASSESSMENTS, ETC.). THEY INCLUDE INFORMATION ON STATE POLICIES THAT CAN AFFECT STEM EDUCATION.AIR COMPLETED A PILOT ANALYSIS OF 15 STATES IN 2012, AND COMPLETE REPORTS ON ALL STATES AND THE DISTRICT OF COLUMBIA BECAME AVAILABLE IN SEPTEMBER. EACH REPORT WAS ACCOMPANIED BY RECOMMENDATIONS FOR ACTIONS TO ADDRESS SHORTCOMINGS SPECIFIC TO THAT STATE. THE VITAL SIGNS PROJECT ALSO ENCOMPASSES ISSUE-FOCUSED BRIEFS, WHICH TAKE A BIRDS EYE VIEW OF A PARTICULAR ISSUE IN STEM. IN MAY, AT OUR 2012 MAY FORUM, WE FIRST RELEASED STEM HELP WANTED, WHICH ANALYZED EMPLOYED DATA TO SHOW THAT UNEMPLOYMENT IN STEM OCCUPATIONS WAS MARKEDLY LOWER THAN UNEMPLOYMENT OVERALL. MEDIA AND COMPANIES ACROSS THE COUNTRY TOOK NOTE OF THE REPORT. IN JULY, CHANGE THE EQUATION FOLLOWED UP WITH LOST OPPORTUNITY, A BRIEF LOOK AT THE AFTER-SCHOOL OPPORTUNITIES AVAILABLE ACROSS THE COUNTRY. WITH THE HELP OF NIELSEN RESEARCH, CHANGE THE EQUATION WAS ABLE TO TAKE A FINE-GRAINED LOOK INSIDE U.S. HOUSEHOLDS TO GAUGE WHAT KIND OF STEM PROGRAMMING THEIR CHILDREN WERE ABLE TO TAKE ADVANTAGE OF. THESE REPORTS AIM TO ARM CHANGE THE EQUATION MEMBER COMPANIES WITH THE DATA AND RECOMMENDATIONS THEY CAN USE IN HIGH-LEVEL CONVERSATIONS WITH GOVERNORS AND OTHER STATE LEADERS. AS SUCH, THEY WILL PRESENT RELEVANT, ACTIONABLE DATA IN A WAY THAT IS CLEAR AND ACCESSIBLE TO BOTH COMPANY REPRESENTATIVES AND STATE LEADERS. THEY WILL ALSO BE PITCHED TO A MUCH BROADER AUDIENCE. CTEQ WILL CREATE TOOLS AND OTHER GUIDANCE TO HELP COMPANIES USE THE REPORTS TO GREATEST EFFECT. UNDER THE GUIDANCE OF AN ADVOCACY COMMITTEE CONSISTING OF CTEQ MEMBERS, THE ORGANIZATION WILL ALSO DEVELOP AND CARRY OUT A STRATEGY FOR MOBILIZING MEMBER CEOS TO BECOME A MORE EFFECTIVE VOICE FOR IMPROVING STEM LEARNING AT THE STATE LEVEL. THIS SERIES OF VITAL SIGNS REPORTS WILL CONTINUE INTO 2013, AS THEY WERE WELL RECEIVED. THE VITAL SIGNS REPORTS TO BE A MAJOR CONTRIBUTION TO BOTH NATIONAL AND STATE-LEVEL INITIATIVES TO IMPROVE STEM LEARNING FOR ALL CHILDREN.THE REPORTS EQUIP CTEQ MEMBER COMPANIES TO WORK WITH GOVERNORS AND OTHER STATE LEADERS TO STAND UP FOR POLICIES AND PRACTICES BASED ON DATA THAT PROMISE TO IMPROVE STEM LEARNING, BOTH IN AND OUT OF SCHOOL. THE FOCUS IS ON STUDENTS IN THE K-12 AGE RANGE. CURRENT PLANS HAVE THE VITAL SIGNS REPORTS COMING IN TWO PHASES. 1580453 INSPIRING YOUNG PEOPLE CTEQ PARTNERED WITH MEMBER COMPANY E-LINE MEDIA TO CREATE ION FUTURE, A SUITE OF FREE ONLINE LEARNING GAMES FOR MIDDLE SCHOOL TO EARLY HIGH AGE YOUTH. PLAYERS EXPLORE THE BREADTH OF STEM-BASED PROFESSIONS AND ARE ABLE TO MATCH THEIR INTERESTS WITH DIFFERENT CAREER PATHWAYS IN STEM. THE GAME IS ACCOMPANIED BY A FACILITATORS GUIDE FOR EDUCATORS, AFTERSCHOOL PROVIDERS, AND FAMILY MEMBERS TO ASSIST YOUTH WITH PLAYING AND GETTING THE MOST BENEFIT FROM THE ONLINE ACTIVITIES.ION FUTURE INCLUDES FOUR GAMES: (1) IN STEM IS EVERYWHERE, PLAYERS RACE AGAINST THE CLOCK TO EXPLORE AN ARRAY STEM CAREERS BY IDENTIFYING THE STEM PROFESSIONALS INVOLVED IN THE DEVELOPMENT OF OBJECTS MOST TWEENS AND TEENS USE EVERY DAY, (2) STEM CAREER QUEST: PLAYERS GET TO ROLE PLAY SCHOOL, CAREER, AND LIFE CHOICES AND FOLLOW AUTHENTIC PATHS TO STEM CAREERS BASED ON INFORMATION PROVIDED BY HUNDREDS OF STEM PROFESSIONALS, (3) STEM CAREER MATCHMAKER: PLAYERS ENTER INFORMATION ABOUT THEIR PASSIONS, EXPECTED EDUCATION LEVEL, AND SALARY EXPECTATIONS AND LEARN ABOUT STEM PROFESSIONS THAT ARE THE BEST MATCH FOR THEM, AND (4) STEM CAREER PROFILES: PROFILES PRESENT PLAYERS WITH DETAILED CAREER INFORMATION, INTERVIEWS, VIDEOS, AND OTHER CAREER RESOURCES. ION FUTURE WAS PUBLICLY LAUNCHED ON NOVEMBER 2012 DURING A HIGH- PROFILE EVENT AT NASAS JET PROPULSION LABORATORY IN PASADENA, CALIFORNIA FEATURING ACTRESS AND SINGER KEKE PALMER AND BOBAK FERDOWSI, NASAS MOHAWK MAN. THE LAUNCH ALSO FEATURED PROFESSIONALS FROM MEMBER COMPANIES GLAXO SMITH KLINE, ROLLS ROYCE, AND VIACOM. AN ACCOMPANYING WEBCAST HIGHLIGHTED THE CONNECTION BETWEEN STEM EDUCATION AND THE PATHS STUDENTS CAN TAKE TO A STEM CAREER. MORE THAN 2,000 PEOPLE, INCLUDING 1,600 STUDENTS ON-LOCATION AND VIA THE WEB IN CLASSROOMS AND OUT-OF-SCHOOL PROGRAMS ACROSS THE COUNTRY, PARTICIPATED IN THE WEBCAST. BETWEEN NOVEMBER 2012 AND MARCH 2013, ALMOST 9,000 PEOPLE HAVE PLAYED THE GAME. CTEQ WILL PROMOTE THE GAME TO EXPAND THE NUMBER OF PLAYERS IN 2013. 3284287 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 26 0 1 10 1 0 0 0 0 0 0 0 0 0 0 X 6 6 1 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 X LINDA ROSEN 2026265740 1101 K STREET NW SUITE 610 WASHINGTON DC 20005 CRAIG R BARRETT 1.00 X X 0 0 0 GLENN A BRITT 1.00 X X 0 0 0 REX W TILLERSON 1.00 X 0 0 0 WILLIAM GREEN 1.00 X 0 0 0 URSULA M BURNS 1.00 X 0 0 0 ELLEN KULLMAN 1.00 X 0 0 0 SALLY RIDE 1.00 X X 0 0 0 LINDA ROSEN 40.00 X 307129 0 12270 CLAUS E VON ZASTROW 40.00 X 135698 0 26462 442827 0 38732 2 0 1 0 AMERICAN INSTITUTES FOR RESEARCH 1000 THOMAS JEFFERSON ST NW WASHINGTON DC 20007 CONSULTING & DATA ANALYSIS 536392 ROADTRIP NATION 853 WEST 17TH STREET UNIT A COSTA MESA CA 92627 PRODUCTION & COMMUNICATIONS 448442 EMPIRE ENTERTAINMENT 560 BROADWAY SUITE 202 NEW YORK NY 10012 EVENT PRODUCTION 300000 E-LINE VENTURES LLC 363 7TH AVENUE 20TH FLOOR NEW YORK NY 10001 GAME PRODUCTION 207575 WESTED 730 HARRISON STREET SAN FRANCISCO CA 94107 CONSULTING & EVALUATION 200000 5 2928750 550075 3478825 478 10735 -10257 -10257 -10257 3468568 0 0 -10257 589054 520718 40629 27707 346243 306517 23283 16443 5909 5118 551 240 27725 24015 2581 1129 55531 48100 5169 2262 200 200 51454 51411 43 34887 34887 1821787 1814201 7477 109 4200 3638 391 171 64166 55579 5974 2613 209333 181320 19489 8524 76960 66661 7165 3134 99323 99323 56911 49295 5298 2318 2551 2209 238 104 MEMBERSHIP DUES 31202 27027 2905 1270 PRINTING & PRODUCTION 19457 16854 1811 792 TELEPHONE & INTERNET 9499 8228 884 387 POSTAGE & SHIPPING 4703 4073 438 192 3511095 3284287 159413 67395 5210088 4696360 50300 25 89555 21953 10526 9336 297045 57454 73805 239591 71447 66011 386 5506107 5033276 115842 126371 1968333 1527500 2084175 1653871 X 2744306 3379405 677626 0 3421932 3379405 5506107 5033276 -42527 0 X 0 1 X 1 0 X 2889285 3488552 3478825 9856662 2889285 3488552 3478825 9856662 3513222 6343440 426 15 441 9857103 0.64350 0.63090 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 297045 57454 239591 239591 X 3518568 50000 50000 3468568 0 3468568 3561095 50000 50000 3511095 0 3511095 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: IN JUNE 2006, THE FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ISSUED FASB ASC NO. 740-10 [FORMERLY INTERPRETATION NO. 48 (FIN 48)], ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH IS AN INTERPRETATION OF ASC 740S (FORMERLY SFAS NO. 109), ACCOUNTING FOR INCOME TAXES. FASB ASC NO. 740-10 CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN CTEQS FINANCIAL STATEMENTS IN ACCORDANCE WITH ASC 740S AND PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. FASB ASC NO. 740-10 REQUIRES THE EVALUATION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN THE COURSE OF PREPARING CTEQS TAX RETURN TO DETERMINE WHETHER THE TAX POSITIONS HAVE A MORE-LIKELY-THAN-NOT PROBABILITY OF BEING SUSTAINED BY THE APPLICABLE TAX AUTHORITY. CHANGE THE EQUATION PERFORMED AN EVALUATION OF UNCERTAIN TAX POSITIONS FOR THE YEAR ENDED DECEMBER 31, 2012, AND DETERMINED THAT THERE WERE NO MATTERS THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS OR THAT MAY HAVE ANY EFFECT ON ITS TAX-EXEMPT STATUS. AS OF DECEMBER 31, 2012, THE STATUTE OF LIMITATIONS FOR TAX YEARS 2009 THROUGH 2011 REMAINS OPEN WITH THE U.S. FEDERAL JURISDICTION OR THE VARIOUS STATES AND LOCAL JURISDICTIONS IN WHICH THE ORGANIZATION FILES TAX RETURNS. IT IS THE ORGANIZATIONS POLICY TO RECOGNIZE INTEREST AND/OR PENALTIES RELATED TO UNCERTAIN TAX POSITIONS, IF ANY, IN INCOME TAX EXPENSE. AS OF DECEMBER 31, 2012, THE ORGANIZATION HAD NO ACCRUALS FOR INTEREST AND/OR PENALTIES. X X X X 0 0 0 0 0 0 0 0 0 LINDA ROSEN 255879 0 51250 0 0 0 11250 0 1020 0 319399 0 0 0 CLAUS E VON ZASTROW 135698 0 0 0 0 0 8500 0 17962 0 162160 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 GLENN BRITT AND URSULA BURNS - BUSINESS RELATIONSHIP FORM 990, PART VI, SECTION B, LINE 11 AFTER APPROVAL BY CHANGE THE EQUATION'S CEO AND COO/DIRECTOR OF RESEARCH, CTEQ'S FORM 990 IS FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C EVERY CTEQ BOARD MEMBER AND OFFICER ANNUALLY SIGNS A STATEMENT AFFIRMING THAT HE OR SHE (I.) HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY AND (II.) WILL COMPLY WITH THE POLICY. WITH RESPECT TO ANY BOARD DISCUSSION OR DECISION INVOLVING MATTERS COVERED BY THIS POLICY, THE MINUTES OF THE BOARD MEETING AT WHICH SUCH DISCUSSION OR DECISION TAKE PLACE MUST REFLECT IN DETAIL THE BOARD DELIBERATIONS AND THE VOTING PROCESS, SPECIFICALLY INDICATING THAT THE DIRECTOR OR OFFICER WHOSE SITUATION WAS CONSIDERED WAS NOT PRESENT IN THE ROOM EITHER DURING THE DISCUSSION OR FOR THE VOTE. IN ADDITION, ANY MARKET DATA OR INFORMATION CONSIDERED BY THE BOARD IN APPROVING OR DISAPPROVING A PROPOSED TRANSACTION COVERED BY THIS POLICY MUST BE ATTACHED TO THE MINUTES OF THE BOARD MEETING AT WHICH SUCH CONSIDERATION TOOK PLACE. FORM 990, PART VI, SECTION B, LINE 15 THE FOUNDING MEMBERS OF CTEQ RETAINED THE SERVICES OF TERRA SEARCH PARTNERS, AN EXECUTIVE SEARCH FIRM HEADQUARTERED IN CALIFORNIA. PART OF THE PRACTICE OF THIS SEARCH FIRM INCLUDES NON-PROFITS; THE PERSON LEADING THE SEARCH FOR CTEQ PRESENTED COMPARABLE SALARY DATA FOR THE CEO POSITION TO THE FOUNDING MEMBERS, WHO SETTLED ON THE FINAL AMOUNT. THE GATES FOUNDATION DONATED THE SERVICES OF THE MONITOR GROUP TO HELP CONCEPTUALIZE STAFFING NEEDS OF THE NEW ORGANIZATION AND RECOMMENDED ASSOCIATED COMPENSATION FOR EACH POSITION. ONCE THE BENCHMARK SALARY LEVEL WAS SET FOR THE CEO, RECOMMENDATIONS FROM THE MONITOR GROUP, EXPERIENCE AND EXISTING COMPENSATION LEVELS OF THE INDIVIDUALS BEING HIRED WERE CONSIDERED IN MAKING SALARY OFFERS. FORM 990, PART VI, SECTION C, LINE 19 CTEQ MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST. IN ADDITION, CHANGE THE EQUATION WILL MAINTAIN ITS FORM 990 IN GUIDESTAR'S DATABASE OF INFORMATION ON NON-PROFIT ORGANIZATIONS. OTHER FEES FORM 990, PART IX, LINE 11G CONSULTANT AND PUBLIC RELATION FEES: PROGRAM SERVICE EXPENSES 1,360,475. MANAGEMENT AND GENERAL EXPENSES 7,227. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,367,702. PUBLIC RELATION FEES: PROGRAM SERVICE EXPENSES 451,399. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 451,399. PAYROLL SERVICE FEES: PROGRAM SERVICE EXPENSES 2,327. MANAGEMENT AND GENERAL EXPENSES 250. FUNDRAISING EXPENSES 109. TOTAL EXPENSES 2,686.