Micro-Society INC FY2020 filing

Tax-deductible

Philadelphia, PA501(c)(3)EducationEIN 23-2637830Revenue $585K in FY2020

On file with the IRSmicrosociety.org3675 Market Street, 19104-2897 · Philadelphia, PATax-exempt since Nov 1991Publicly supported charity — 170(b)(1)(A)(vi)

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To refine and further develop the microsociety program, to design educational strategies.

501(c)(3) charity; gifts are tax-deductible.
87¢ of each $1 spent went to programs.
$93K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $86K a year · 10% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
87%
of spending
Looks good: 87% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$93K
to officers and key staff · 20% of spending
Fine: pay to officers and key staff is 20% of spending; 15% to 20%.
Pt VII · Sec A
Cash reserves
6 mo
of spending, in cash
Looks good: 5.6 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
6
named funders · $515K
Looks good: 6 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$332K
104% of total assets
Concern: liabilities are 104% of assets; over 80%.
Pt X · Ln 26
Independent board members
5
of 6 voting members
Looks good: 5 of 6 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$585K
Spent
$476K
To programs
87%
Net assets
−$13K
By yearFY2020–FY2024
Revenue
$585K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$585K
FY2021$808K
FY2022$805K
FY2023$725K
FY2024$1.6M
Expenses
$476K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$476K
FY2021$599K
FY2022$827K
FY2023$1.0M
FY2024$1.1M
Net assets
−$13K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020−$13K
FY2021$196K
FY2022$154K
FY2023−$186K
FY2024$281K

From the FY2020 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Nov 1991.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

87 cents of each dollar spent went to programs.

Program services 87% · $414K Management & general 10% · $48K Fundraising 3% · $14K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

6 people listed on the 990; $93K paid to officers and key staff.

Part VII, Section A · reportable compensation
$93,000Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Carolynn King-Richmond’s $91K as Executive Di is at the 26th percentile of top reported officer pay among 3394 $1–10M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Carolynn King-Richmond$91,042$95,000$95,000$95,000$93,000

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Develops and refines educational strategies for the Microsociety Program.

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Provided by the organization

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3 programs · $368K · in their own filed words · FY2020
01

Training and Technical Assistance

Msi delivers professional development to public and private schools (PREK-12), out-of-school time programs and youth development systems on-site and continuously provides off-site technical support and coaching as well.

$199Kprogram expense
02

Program Initiatives

Microsociety piloted a new science, technology, engineering, and math program for two middle schools in west virginia. The microstem model provides the framework for schools to cultivate 21ST century scholars by integrating core academic standards and curriculum within a student run industry based on stem.

$123Kprogram expense
03

Client Services and Outreach

Disseminates news of its innovations in the field at regional and national conferences, retreats, and workshops, and is in communication with the private and public education, after school social work, juvenile justice, and special needs communities and shares these same innovations across a wide range of social media platforms such as…

$46Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 6 funders →

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$585K
Ln 12
Gifts and grantsLn 1h$581K
Fees for servicesLn 2g$3K
Investment incomeLn 3$69
Money outPt IX
$476K
Ln 25
Programscol B$414K
Managementcol C$48K
Fundraisingcol D$14K
Owns and owesPt X
−$13K
net assets · Ln 32
Cash and savingsLn 1–2$221K
Total assetsLn 16$319K
LiabilitiesLn 26$332K
PeoplePt VI, VII
6
listed · VII A
PaidVII A1
Voting boardVI 1a6
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$581K
Government grantsLn 1e$217K
Fees for servicesLn 2g$3K
Investment incomeLn 3$69
Total revenueLn 12$585K
Assets in detailPt X, end of year
CashLn 1$221K
Cash and savings togetherLn 1–2$221K
Land, buildings, equipmentLn 10c$1K
Total assetsLn 16$319K
LiabilitiesLn 26$332K
Net assetsLn 32−$13K
OperationsPt I, VI
EmployeesI 56
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$108K$221K
Land, buildings, equipmentLn 10c$2K$1K
Total assetsLn 16$186K$319K
LiabilitiesLn 26$308K$332K
Net assetsLn 32−$122K−$13K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$107K$97K$7K$3K
Other salaries and wagesLn 7$105K$94K$7K$3K
Other employee benefitsLn 9$12K$10K$797$366
Payroll taxesLn 10$17K$15K$1K$525
Legal feesLn 11b$9K$7K$2K
Accounting feesLn 11c$15K$10K$5K
Other fees for servicesLn 11g$12K$11K$1K
Office expensesLn 13$35K$32K$2K$1K
OccupancyLn 16$5K$5K$356$164
TravelLn 17$10K$9K$653$300
Conferences, conventions and meetingsLn 19$4K$3K$254$117
InterestLn 20$25K$22K$2K$785
Depreciation, depletion and amortizationLn 22$3K$3K
InsuranceLn 23$10K$9K$665$306
Other expenses (24a–d)Ln 24$109K$90K$16K$3K
Total functional expensesLn 25$476K$414K$48K$14K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $1.6M$1.1M$450K$281K 990 PDF
FY2023 $725K$1.0M−$319K−$186K 990 PDF
FY2022 $805K$827K−$21K$154K 990 PDF
FY2021 $808K$599K$209K$196K 990 PDF
FY2020 Viewing $585K$476K$108K−$13K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2020 990 (6 parts)
Part I · Summary $584,708 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $504,574$581,479
I-9 Program service revenuePrior year $32,355$3,160
I-10 Investment incomePrior year $102$69
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $537,031$584,708
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $248,622$240,082
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $326,984$236,266
I-18 Total expensesPrior year $575,606$476,348
I-19 Revenue less expensesPrior year −$38,575$108,360
Part VI · Governance 5 of 6 board members independent, 2 to look at
VI-1a Voting members of the governing body6
VI-1b Independent voting members5
VI-2 Family or business relationship among officers or directorsYes
VI-14 Document retention and destruction policyNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $584,708 across 6 lines filed
VIII-1e Government grants$216,594
VIII-1f All other contributions, gifts and grants$364,885
VIII-1h Total contributions, gifts and grants$581,479
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Unrelated business $3,160$3,160
VIII-3 Investment incomeRelated to mission $69$69
VIII-12 Total revenueRelated to mission $69 · Unrelated business $3,160 · Excluded from tax $0$584,708
Part IX · Statement of functional expenses $476,348 across 15 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $96,506 · Management $7,345 · Fundraising $3,379$107,230
IX-7 Other salaries and wagesPrograms $94,084 · Management $7,161 · Fundraising $3,294$104,539
IX-9 Other employee benefitsPrograms $10,480 · Management $797 · Fundraising $366$11,643
IX-10 Payroll taxesPrograms $15,002 · Management $1,143 · Fundraising $525$16,670
IX-11b Legal feesPrograms $6,531 · Management $2,265$8,796
IX-11c Accounting feesPrograms $10,395 · Management $4,900$15,295
IX-11g Other fees for servicesPrograms $10,959 · Fundraising $1,041$12,000
IX-13 Office expensesPrograms $31,813 · Management $2,268 · Fundraising $1,043$35,124
IX-16 OccupancyPrograms $4,680 · Management $356 · Fundraising $164$5,200
IX-17 TravelPrograms $8,573 · Management $653 · Fundraising $300$9,526
IX-19 Conferences, conventions and meetingsPrograms $3,336 · Management $254 · Fundraising $117$3,707
IX-20 InterestPrograms $22,431 · Management $1,707 · Fundraising $785$24,923
IX-22 Depreciation, depletion and amortizationManagement $2,512$2,512
IX-23 InsurancePrograms $8,744 · Management $665 · Fundraising $306$9,715
IX-24 Other expenses (24a–d)Programs $90,495 · Management $15,806 · Fundraising $3,167$109,468
IX-25 Total functional expensesPrograms $414,029 · Management $47,832 · Fundraising $14,487$476,348
Part X · Balance sheet $318,827 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $108,445$220,907
X-4 Accounts receivableStart of year $73,422$95,705
X-9 Prepaid expenses and deferred chargesStart of year $227$227
X-10c Land, buildings and equipment, netStart of year $2,163$1,224
X-14 Intangible assetsStart of year $1,817$764
X-16 Total assetsStart of year $186,074$318,827
X-17 Accounts payable and accrued expensesStart of year $95,888$76,681
X-19 Deferred revenueStart of year $74,456$70,647
X-26 Total liabilitiesStart of year $307,835$332,228
X-27 Net assets without donor restrictionsStart of year −$121,761−$13,401
X-32 Total net assets or fund balancesStart of year −$121,761−$13,401
X-33 Total liabilities and net assetsStart of year $186,074$318,827
Part XI · Reconciliation of net assets −$13,401 net assets at year end
XI-1 Total revenue$584,708
XI-2 Total expenses$476,348
XI-3 Revenue less expenses$108,360
XI-4 Net assets at start of year−$121,761
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year−$13,401

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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