Getting Smart Collective
- Assets
- $5.0m
- Revenue
- $5.3m
- Investments
- $0.0
- Employees
- 4
- Location
- Federal Way, WA
- Founding
- 09/2011
- Data as of
- 12/2023
- EIN
- 27-2643961
Organization Overview
Getting Smart Collective is located in Federal Way, WA. The organization was established in 2011. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 12/2023, Getting Smart Collective employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Getting Smart Collective is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Getting Smart Collective generated $5.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 60.1% each year . All expenses for the organization totaled $432.6k during the year ending 12/2023. While expenses have increased by 18.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE GREAT LEARNING OPPORTUNITIES TO EVERY PERSON ON THE PLANET BY SPURRING AND SCALING INNOVATION IN LEARNING THAT WILL LEAD TO MORE EQUITABLE AND HIGHER QUALITY EDUCATION SYSTEMS PARTICULARLY IN LOW INCOME AREAS. THE ORGANIZATION'S ACTIVITIES WILL CONSIST OF PROMOTION AND GUIDANCE IN EDUCATIONAL INNOVATION THROUGH PUBLISHING, NETWORKING, CONFERENCES AND SUMMITS THAT ENGAGE STAKEHOLDERS (EDUCATORS, PARENTS, STUDENTS, CITIZENRY) IN THE PROCESS OF PROMOTING EQUITY IN LEARNING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RESEARCH IN EDUCATIONAL PROGRAMS, TRENDS, AND ASSESSMENT IN EDUCATION INCLUDING LEARNING MODEL DESIGN. THE ORGANIZATION DESIGNED NETWORKING TO COMMUNICATE LEARNING INNOVATIONS TO EDUCATION LEADERS. THE TWO LARGEST EXPENSES INCLUDE CONSULTING FEES ($153,209) TO PROVIDE STAFFING SERVICES FOR SUMMITS AND PUBLISHING EFFORTS INCLUDING WRITING, COPY EDITING, RESEARCH, PROOF READING, AND GRAPHIC DESIGN FOR BOOKS AND MATERIALS THAT SUPPORTED CONVERSATIONS ON INNOVATIVE LEARNING PROMOTED IN PUBLISHED MARTERIALS, WHICH WERE USED AT THE SUMMITS AND CONFERENCES WHERE EDUCATIONAL LEADERS LED THE CONVERSATION AROUND THE INNOVATIVE LEARNING METHODS, AND LEGAL & ACCOUNTING FEES ($26,474) TO MANAGE THE ADMINISTRATIVE WORK OF THE ORGANIZATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas J Vander Ark President | OfficerTrustee | 1 | $0 |
Kenneth Jones Director | Trustee | 1 | $0 |
Mike Mcgalliard Secretary | OfficerTrustee | 1 | $0 |
Edgar Palacios Treasurer | OfficerTrustee | 1 | $0 |
Byron Sanders Director | Trustee | 1 | $0 |
Caroline Vander Ark Executive Director/ceo | 40 | $109,176 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,090,500 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,090,500 |
| Total Program Service Revenue | $210,000 |
| Investment income | $32,837 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,339,691 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $210,288 |
| Pension plan accruals and contributions | $8,027 |
| Other employee benefits | $6,166 |
| Payroll taxes | $16,907 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,272 |
| Fees for services: Accounting | $25,202 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $153,209 |
| Advertising and promotion | $181 |
| Office expenses | $88 |
| Information technology | $352 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $4,961 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $424 |
| All other expenses | $360 |
| Total functional expenses | $432,626 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $417,732 |
| Savings and temporary cash investments | $2,032,837 |
| Pledges and grants receivable | $2,500,000 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $433 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $2,040 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,953,042 |
| Accounts payable and accrued expenses | $13,174 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $13,174 |
| Net assets without donor restrictions | $229,230 |
| Net assets with donor restrictions | $4,710,638 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $4,953,042 |