Centerpoint Education Solutions FY2020 filing

Washington, DCUnknown exempt organization EIN 81-4363814Revenue $11.2M in FY2020

On file with the IRScenterpointeducation.org1032 15th Street Nw 195 · Washington, DC

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Centerpoint Education Solutions (cpe) is a nonprofit organization organized in november 2016 to operate exclusively for charitable and educational purposes. Cpe works with states, districts, and other organizations to develop, cultivate, build, and implement educator capacity. Accomplished through on-site professional development and web-based aligned standards, the custom design and development of assessments and performance-based tasks, and quality academic programming to support instructional decision making and accelerate student achievement.

73¢ of each $1 spent went to programs.
$1.4M paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Programs: Part IX · Pay: Part VII

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FY2020 · Form 990Independent: from IRS data, not the org
Download 990
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
2 of 5
filings with a surplus
Average surplus $552K a year · 11% of revenue · last 5 filings
Worth a look: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
73%
of spending
Fine: 73% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$1.4M
to officers and key staff · 21% of spending
Worth a look: pay to officers and key staff is 21% of spending; over 20%.
Pt VII · Sec A
1 mo
of spending, in cash
Fine: 1.4 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $777K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$2.0M
68% of total assets
Worth a look: liabilities are 68% of assets; over 65%.
Pt X · Ln 26
Independent board members
7
of 7 voting members
Looks good: 7 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$11.2M
Spent
$6.5M
To programs
73%
Net assets
$925K
By yearFY2020–FY2024
Revenue
$11.2M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$11.2M
FY2021$5.2M
FY2022$4.7M
FY2023$2.3M
FY2024$1.3M
Expenses
$6.5M
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$6.5M
FY2021$6.4M
FY2022$3.9M
FY2023$3.6M
FY2024$1.5M
Net assets
$925K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$925K
FY2021−$306K
FY2022$300K
FY2023−$1.0M
FY2024$0

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

Where the money goes

73 cents of each dollar spent went to programs.

Program services 73% · $4.7M Management & general 15% · $941K Fundraising 13% · $832K

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

15 people listed on the 990; $1.4M paid to officers and key staff.

Part VII, Section A · reportable compensation
Chief Executive Director
$330,000Pt VII · Sec A
Chief Financial Officer
$164,186Pt VII · Sec A
Chief Development Officer & Partnership
$162,064Pt VII · Sec A
Director, Producct Engineering
$153,262Pt VII · Sec A
Chief Operating Officier
$150,853Pt VII · Sec A
Director, Humanities
$109,449Pt VII · Sec A
Chief Academic Officer
$105,169Pt VII · Sec A
Director, Marketing and Strategic Partnerships
$104,290Pt VII · Sec A

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Laura M Slover—$476,739$329,730——
Slover Laura M———$309,000$330,000
Margaret M Horn—$194,284$175,828——
Cheryl Harmon—$186,123———
Barr Allison R———$173,555—
Horn Margaret M———$169,744$162,064
Friedman Brett a————$164,186
Lajanneice a Sylvester—$141,309$161,451——

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 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Develops educator skills and assessments to improve student achievement.

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Provided by the organization

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3 programs · $3.4M · in their own filed words · FY2020
01

Centerpoint offers a variety of pre-built and custom-built assessments and ancillary products to clients via licensing on an annual or multi-year basis.

$1.6Mprogram expense
02

Centerpoint partners with education leaders to design and develop custom short cycle classroom assessments and authentic tasks that ask students to demonstrate their knowledge and that are aligned to the local standards and curriculum.

$1.4Mprogram expense
03

Centerpoint conducts a variety marketing and communications efforts to promote the organization and its products & services to the industry, both individually to clients and in collaboration with its partners.

$457Kprogram 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 · FY2023
Total grants receivedfrom 3 funders$777K
See all 3 funders →

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$11.2M
Ln 12
Gifts and grantsLn 1h$6.7M
Other incomeLn 4–11$4.5M
Money outPt IX
$6.5M
Ln 25
Programscol B$4.7M
Managementcol C$941K
Fundraisingcol D$832K
Owns and owesPt X
$925K
net assets · Ln 32
Cash and savingsLn 1–2$754K
Total assetsLn 16$2.9M
LiabilitiesLn 26$2.0M
PeoplePt VI, VII
15
listed · VII A
PaidVII A9
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$6.7M
Government grantsLn 1e$5.7M
Other incomeLn 4–11$4.5M
Total revenueLn 12$11.2M
Assets in detailPt X, end of year
CashLn 1$754K
Cash and savings togetherLn 1–2$754K
Other assetsLn 15$0
Total assetsLn 16$2.9M
LiabilitiesLn 26$2.0M
Net assetsLn 32$925K
OperationsPt I, VI
EmployeesI 563
VolunteersI 69
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$79K$754K
Total assetsLn 16$11.2M$2.9M
LiabilitiesLn 26$15.0M$2.0M
Net assetsLn 32−$3.8M$925K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$912K$678K$150K$85K
Other salaries and wagesLn 7$2.0M$1.5M$327K$186K
Pension plan contributionsLn 8$69K$52K$10K$7K
Other employee benefitsLn 9$797K$599K$120K$78K
Payroll taxesLn 10$261K$196K$39K$26K
Accounting feesLn 11c$9K$9K
Other fees for servicesLn 11g$2.1M$1.5M$160K$420K
Office expensesLn 13$49K$131$48K
OccupancyLn 16$225K$165K$36K$24K
TravelLn 17$35K$27K$480$8K
InsuranceLn 23$6K$6K
All other expensesLn 24e$39K$6K$33K
Total functional expensesLn 25$6.5M$4.7M$941K$832K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $1.3M$1.5M−$183K$0 990 PDF
FY2023 $2.3M$3.6M−$1.3M−$1.0M 990 PDF
FY2022 $4.7M$3.9M$801K$300K 990 PDF
FY2021 $5.2M$6.4M−$1.2M−$306K 990 PDF
FY2020 Viewing $11.2M$6.5M$4.7M$925K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants J · Pay O · Explanations
See the full FY2020 990 (6 parts)
Part I · Summary $11,181,682 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $4,420,848$6,728,410
I-9 Program service revenuePrior year $205,707$0
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $0$4,453,272
I-12 Total revenuePrior year $4,626,555$11,181,682
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 $3,169,698$4,033,206
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $2,690,097$2,447,107
I-18 Total expensesPrior year $5,859,795$6,480,313
I-19 Revenue less expensesPrior year −$1,233,240$4,701,369
Part VI · Governance 7 of 7 board members independent, no flags
VI-1a Voting members of the governing body7
VI-1b Independent voting members7
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $11,181,682 across 5 lines filed
VIII-1e Government grants$5,707,910
VIII-1f All other contributions, gifts and grants$1,020,500
VIII-1h Total contributions, gifts and grants$6,728,410
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $4,453,272$4,453,272
VIII-12 Total revenueRelated to mission $4,453,272 · Unrelated business $0 · Excluded from tax $0$11,181,682
Part IX · Statement of functional expenses $6,480,313 across 12 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $677,502 · Management $149,775 · Fundraising $84,996$912,273
IX-7 Other salaries and wagesPrograms $1,480,131 · Management $327,211 · Fundraising $185,690$1,993,032
IX-8 Pension plan contributionsPrograms $52,015 · Management $10,459 · Fundraising $6,773$69,247
IX-9 Other employee benefitsPrograms $598,786 · Management $120,404 · Fundraising $77,966$797,156
IX-10 Payroll taxesPrograms $196,425 · Management $39,497 · Fundraising $25,576$261,498
IX-11c Accounting feesManagement $9,270$9,270
IX-11g Other fees for servicesPrograms $1,504,058 · Management $160,318 · Fundraising $419,803$2,084,179
IX-13 Office expensesPrograms $131 · Management $48,437$48,568
IX-16 OccupancyPrograms $165,339 · Management $35,659 · Fundraising $23,835$224,833
IX-17 TravelPrograms $26,694 · Management $480 · Fundraising $7,537$34,711
IX-23 InsuranceManagement $6,438$6,438
IX-24e All other expensesPrograms $5,701 · Management $33,407$39,108
IX-25 Total functional expensesPrograms $4,706,782 · Management $941,355 · Fundraising $832,176$6,480,313
Part X · Balance sheet $2,877,618 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $79,296$753,931
X-4 Accounts receivableStart of year $5,995,423$2,065,983
X-9 Prepaid expenses and deferred chargesStart of year $71,661$57,704
X-15 Other assetsStart of year $5,081,597$0
X-16 Total assetsStart of year $11,245,646$2,877,618
X-17 Accounts payable and accrued expensesStart of year $1,430,495$1,309,805
X-24 Unsecured notes and loans payable$642,500
X-25 Other liabilitiesStart of year $8,675,839$0
X-26 Total liabilitiesStart of year $15,021,702$1,952,305
X-32 Total net assets or fund balancesStart of year −$3,776,056$925,313
X-33 Total liabilities and net assetsStart of year $11,245,646$2,877,618
Part XI · Reconciliation of net assets $925,313 net assets at year end
XI-1 Total revenue$11,181,682
XI-2 Total expenses$6,480,313
XI-3 Revenue less expenses$4,701,369
XI-4 Net assets at start of year−$3,776,056
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$925,313

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

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