Educational Technology Collaborative EIN 51-0168225

Educational Technology Collaborative FY2020 filing

EIN  51-0168225 Public charity (501(c)(3)) Lexington, KY
Form 990 (PDF)
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →
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Size
$100K–1M
What they do
Connects higher education media and technology leaders to share knowledge and improve teaching.
Leadership
Jim Pierett · President
Money in and out
$218K revenue, $209K expenses
Bottom line
32% program efficiency

Connects higher education media and technology leaders to share knowledge and improve teaching. For fiscal year 2020 it reported $218K in revenue, $209K in expenses, and $818K in net assets.Pt I

Where the money goes · FY2020
Total revenue
$218K
Pt VIII · Ln 12
Total expenses
$209K
Pt IX · Ln 25
Net assets
$818K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $9K
Where spending went · Part IX cols B–D
Program services $0.32 Management & general $0.68
Program efficiency
32%
of spending reaches programs
Operating runway
50.9mo
months of highly liquid reserves at operating expense rate
Surplus margin
+4%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$218K
FY2020
Expenses
$209K
FY2020
Total assets
$914K
FY2020
Total liabilities
$96K
FY2020
Total revenue
$218K
Pt VIII · Ln 12
Total expenses
$209K
Pt IX · Ln 25
Net assets
$818K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$9K
Total assetsPt X · Ln 16$914K
Program-expense ratioPt IX · col B32%
Voting members of governing bodyPt I · Ln 311
Independent voting membersPt I · Ln 411
Mission & Programs · Part III

Where the work happens

1 program service account for $66K of program spending, described in the organization's own filed words · FY2019.
01

Improve learning and teaching. Provide leadership and a forum for information exchange to the providers of media and technology support for quality teaching and learning at higher education institutions

$66Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CEducational Technology Collaborative
EINHdr · item D51-0168225
Principal addressHdr · item CLexington, KY
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MKY
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A30C)
Ruling yearIRS BMFOct 1975

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a11
Independent voting membersPt VI · Ln 1b11
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
President
$0Pt VII · Sec A
President-Elect
$0Pt VII · Sec A
Past President
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
See Educational Technology Collaborative executive salaries →

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Statement of Revenue

Part VIII
Program service revenue$121K · 56%
Contributions & grants$90K · 41%
Investment income$5K · 2%
Other revenue$1K · 1%
Program service revenue56%$121K
Contributions & grants41%$90K
Investment income2%$5K
Other revenue1%$1K
Total revenueLn 12$218K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.32 Management & general $0.68
Program services32%$66K
Management & general68%$143K
Total functional expensesLn 25$209K

Balance Sheet

Part X · end of year
CashLn 1$403K
Total assetsLn 16$914K
Total liabilitiesLn 26$96K
Total net assetsLn 32$818K
Months of cash on handcomputed23.1

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $886K · Operating expenses/yr $209K
50.9 months
Where the money goes
Program services
Program services $66K · Total expenses $209K
32%
Management & General
Management & general $143K · Total expenses $209K
68%
Fundraising
Fundraising $0 · Total expenses $209K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $90K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $90K · Total revenue $218K
41%
Government reliance
Government grants — · Total revenue $218K
Earned-income share
Program service revenue $121K · Total revenue $218K
56%
Investment reliance
Investment income $5K · Total revenue $218K
+2%
Program self-sufficiency
Program service revenue $121K · Total expenses $209K
58%
Growth & trend
Revenue growth (YoY)
This year $218K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $818K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $218K · Expenses $209K
+4%
Liabilities-to-Assets
Total liabilities — · Total assets $914K
Net-asset ratio
Net assets $818K · Total assets $914K
89%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $483K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $914K
53%
People & payroll
Highest Reported Total Compensation
Individual Jim Pierett · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $209K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $209K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 32%
Overhead ratio 68%
Fundraising cost ratio 0%
Accounting fee ratio 6%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$448K revenue · ⤓ 990 PDF
FY2024$408K revenue · ⤓ 990 PDF
FY2023$321K revenue · ⤓ 990 PDF
FY2022$123K revenue · ⤓ 990 PDF
FY2021$130K revenue · ⤓ 990 PDF
FY2020$218K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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