2023-11-15T13:36:31-06:00 2022-12-31 861065772 DELOITTE TAX LLP 111 MONUMENT CIRCLE SUITE 4200 INDIANAPOLIS IN 462045108 990 2022-01-01 861250084 STRADA COLLABORATIVE INC STRA 3178061200 10 WEST MARKET STREET SUITE 1100 INDIANAPOLIS IN 46204 THOMAS DAWSON PRESIDENT AND CHAIRMAN 3178061200 2023-11-15 1 THOMAS DAWSON 999009999 0 SAMANTHA BOKORI P01057347 3174648600 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z THOMAS DAWSON 10 WEST MARKET STREET SUITE 1100 INDIANAPOLIS IN 46204 77038045 0 X HTTP://STRADAEDUCATION.ORG/COLLABORATIVE X 2021 IN TO EMPOWER ALL LEARNERS - AND THOSE WHO SERVE THEM - STRADA COLLABORATIVE, INC. PROVIDES CRITICAL RESOURCES, EDUCATIONAL SUPPORT, AND CAREER EXPERIENCES LEADING TO EQUITABLE EDUCATION AND EMPLOYMENT PATHWAYS. 4 0 2312 0 29167 26667 23687417 21407895 12217625 55127533 0 0 241713 395738 36146755 76931166 21462 32238 0 0 12145865 57050443 0 0 4766664 5353743 22251879 17521070 79334560 18625685 -2403394 87757237 58003532 18156461 15022237 69600776 42981295 X TO EMPOWER ALL LEARNERS - AND THOSE WHO SERVE THEM - STRADA COLLABORATIVE, INC. PROVIDES CRITICAL RESOURCES, EDUCATIONAL SUPPORT, AND CAREER EXPERIENCES LEADING TO EQUITABLE EDUCATION AND EMPLOYMENT PATHWAYS. 0 0 28166637 32238 31341535 COACHING & GUIDANCE - TO INSPIRE AND EMPOWER STUDENTS TO FIND THEIR LIFE PATH THROUGH EDUCATIONAL CURRICLA AND HANDS ON EXPERIENCES ASSOCIATED WITH SAID CURRICULA. IMPLEMENTS COACHING (I.E. TRAINING AN INDIVIDUAL FOR THE PURPOSE OF IMPROVING OR DEVELOPING CAPABILIITES) PROGRAMS THAT IMPROVE EDUCATIONAL AND CAREER OUTCOMES FOR LEARNERS INCLUDING ADULT, DISTANCE AND UNDERREPRESENTED POPULATIONS. COACHING ACTIVITIES INCLUDE FACE TO FACE COACHING AT EDUCATIONAL INSTITUTIONS, EMPLOYERS, AND REMOTE COACHING BY PHONE, EMAIL, VIRTUAL COMMUNICATION METHODS TO INCREASE THE ACCESSIBIITY OF COACHING TO DISTANCE, ADULT, MILTARY, AND OTHER LEARNERS. PROVIDES INSTRUCTION TO EDUCATIONAL INSTITUTIONS ON HOW TO COACH STUDENTS, INCLUDING HOW TO DEVELOP COACHING MODELS TAILORED TO KEY STUDENT POPULATIONS SUCH AS MILITARY, DISTANCE, AND UNDERREPRESENTED STUDENTS. INCLUDES CURRICULUM AND OTHER MEDIA CONTENT DESIGNED TO HELP LEARNERS IDENTIFY CAREERS BASED ON THEIR INTERESTS AND VIDEO TESTIMONIALS FROM PROFESSIONALS IN RELEVANT FIELDS WHO SHARE THEIR BACKGROUNDS. THE CONTENT IS DISTRIBUTED TO A WIDE VARIETY OF DIFFERENT PARTNERS INCLUDING STATE AND LOCAL GOVERNMENTS AND LOCAL WORKFORCE AGENCIES. CREATE AND MAINTAIN A MEMBERSHIP ORGANIZATION THAT PROVIDES A NEWSLETTER, WEBINARS AND JOB AIDES ALONG WITH AN ANNUAL CONFERENCE. 1907293 856260 STUDENT AFFORDABILITY - PROVIDES A PRIOR LEARNING ASSESSMENT TOOL WHICH ENABLES INSTITUTIONS, EMPLOYERS, AND STATE SYSTEMS OF HIGHER LEARNING TO PROVIDE INDIVIDUALS CREDITS TOWARD A DEGREE OR CERTIFICATE OF COMPLETION. PROVIDES FINANCIAL TUITION ASSISTANCE TO COLLEGE STUDENTS INVOLVED IN STRADA EDUCATION FOUNDATION, INC. WORK-BASED LEARNING ACTIVITIES TO HELP THEM DEVELOP SKILLS, EARN DEGREES, AND IMPROVE INITIAL CAREER SUCCESS. 18455047 23242249 WORK BASED LEARNING - PROVIDES COLLEGE STUDENTS, MANY OF WHICH WILL BE FIRST GENERATION COLLEGE STUDENTS, EMPLOYMENT THROUGH ENTRY LEVEL SERVICE POSITIONS THAT TEACH "FOUNDATIONAL" JOB SKILLS LIKE TIME MANAGEMENT, COMMUNICATION, COLLABORATION, PROBLEM SOLVING, AND CRITICAL THINKING WHICH, ALONG WITH A DEGREE, WILL HELP THEM SECURE FULL-TIME EMPLOYMENT. WORKING WITH EDUCATION INDUSTRY PARTNERS, REGIONAL INDUSTRY COALITIONS, AND ECONOMIC DEVELOPERS TO ENSURE WORKERS ARE RESKILLING AND UPSKILLING THROUGH ACCESS TO CURRICULA AND TRAINING LINKED TO CAREER OPPORTUNITIES. 48528977 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 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 1 1 1 0 0 1 200 0 1 2312 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 4 0 1 0 0 0 0 1 0 1 0 0 0 1 1 1 1 1 1 0 0 0 X THOMAS R ERTEL 3178061200 10 WEST MARKET STREET SUITE 1100 INDIANAPOLIS IN 46204 RUTH WATKINS BOARD MEMBER 1.00 39.00 X 0 701129 65467 LARRY LUTZ CHAIRMAN THRU 4822 VICE CHAIR (BEG 4/9/22) 1.00 39.00 X X 0 811517 72300 THOMAS DAWSON PRESIDENT AND CHAIRMAN (BEG 4/9/22) 39.00 1.00 X X 0 792572 75150 DARRYL GRAHAM BOARD MEMBER 1.00 39.00 X 0 440614 57157 MICHAEL AUSTIN TREASURER 1.00 39.00 X 0 665639 75150 JULIE RAGSDALE SECRETARY (BEG 4/9/22) 1.00 39.00 X 0 309611 29147 CHRISTINA CLARK SECRETARY (THRU 4/8/22) 1.00 39.00 X 0 220449 34463 RUTH WHITE PRESIDENT - ITK 40.00 0.00 X 518893 0 16238 JAIME NUNEZ PRESIDENT - EAW 40.00 0.00 X 460753 0 40815 MICHAEL MARRINER PRESIDENT - RTN 40.00 0.00 X 423398 0 30535 EARL BUFORD PRESIDENT - CAEL 40.00 0.00 X 380733 0 29494 BRIAN MCALLISTER COO 40.00 0.00 X 365878 0 36520 KAI DREKMEIER CHIEF DEVELOPMENT OFFICER 40.00 0.00 X 326433 0 39454 ELENA WEALTY CONTROLLER (THRU 9/30/22) 0.00 0.00 X 244067 0 119330 ARIELLA TENUTA CFO 40.00 0.00 X 335441 0 16750 STEPHEN AST AVP, PARTNER SUCCESS 40.00 0.00 X 281124 0 27960 3336720 3941531 765930 68 0 1 0 SUNREACH LLC 1553 ORAMAS ROAD SANTA BARBARA CA 931032064 IT CONSULTING SERVICES 2572889 VANTAGE POINT CONSULTING INC 8520 ALLISON POINTE BLVD UNIT 220 INDIANAPOLIS IN 46250 IT CONSULTING SERVICES 1461916 CONCENTRICAL LLC 121 SW SALMON STREET STE 800 PORTLAND OR 97204 IT CONSULTING SERVICES 924998 VONAGE BUSINESS INC 101 CRAWFORDS CORNER ROAD STE 241 HOLMDEL NJ 077331980 COMMUNICATION SERVICES 806263 ENGEN 6900 WISCONSIN AVE STE 200 BETHESDA MD 20816 HEALTHTECH SERVICES 776800 15 4336528 3792069 13279298 21407895 COACHING & GUIDANCE 611710 31370702 31341535 29167 WORK BASED LEARNING 611710 22900571 22900571 STUDENT AFFORDABILITY 611710 856260 856260 55127533 2007 2007 158932 106879 52053 52053 52053 REIMB. FROM AFFILIATES 611710 341678 341678 341678 76931166 55440044 29167 54060 32238 32238 1900859 1446926 453933 44693344 33410299 8119181 3163864 6816136 5495599 423934 896603 3640104 2791347 625246 223511 1893 1893 46443 46443 5773687 5773687 690068 690068 773624 87752 684639 1233 4267278 2808914 1451392 6972 1720378 189966 1530412 1216453 1027410 168495 20548 679247 679247 54390 54390 6725846 2685452 4040394 39 39 FEDERAL AND STATE TAXES 302533 302533 79334560 48528977 26038919 4766664 10916257 5492658 23401303 30461065 216513 1751961 8759984 6725050 2167823 2034934 33766965 15247452 12516650 2040924 5746264 87757237 58003532 7542546 7656589 3576755 4001419 500000 0 6537160 3364229 18156461 15022237 X 69600776 27625295 15356000 69600776 42981295 87757237 58003532 X -2403394 -24216087 X 0 1 X 1 0 X 23687417 21407895 45095312 23687417 21407895 45095312 22092454 23002858 137114 160939 298053 51206 26667 77873 123687 341678 465365 45936603 67315991 X SCHEDULE A, PART II: STRADA COLLABORATIVE, INC. WAS RECOGNIZED AS A 501(C)(3) TAX-EXEMPT ORGANIZATION AS OF JANUARY 5, 2021. AS A RESULT, TAX YEAR 2021 WAS A SHORT YEAR COVERING THE PERIOD FROM JANUARY 5, 2021 THROUGH DECEMBER 31, 2021. SCHEDULE A, PART II, SECTION B, LINE 10: EXPLANATION FOR OTHER INCOME: 2021 $123,687 - REIMB. FROM AFFILIATES $123,687 - TOTAL 2022 $341,678 - REIMB. FROM AFFILIATES $341,678 - TOTAL RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3277450 1855790 1421660 5482534 4869260 613274 2034934 DUE FROM AFFILIATE 2637761 RIGHT OF USE ASSETS - LEASES 3108503 5746264 DUE TO AFFILIATE 155725 RIGHT OF USE LIABILITY - LEASES 3108504 DEFERRED INCOME TAX LIABILITY 100000 3364229 X PART X, LINE 2: STRADA COLLABORATIVE, INC. IS INCLUDED IN THE CONSOLIDATED FINANCIAL STATEMENTS OF STRADA EDUCATION FOUNDATION, INC. PER THE CONSOLIDATED FINANCIAL STATEMENTS, "STRADA ACCOUNTS FOR UNCERTAINTIES IN INCOME TAXES ON A MORE-LIKELY-THAN-NOT CRITERION BASED ON THE POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THERE WERE NO UNCERTAINTIES THAT REQUIRE RECOGNITION OR DISCLOSURE AS OF DECEMBER 31, 2022 OR 2021." 1 1 0 0 0 0 0 1 0 LARRY LUTZ CHAIRMAN THRU 4822 VICE CHAIR (BEG 4/9/22) 0 325188 0 439280 0 47049 0 32700 0 39600 0 883817 0 0 THOMAS DAWSON PRESIDENT AND CHAIRMAN (BEG 4/9/22) 0 300922 0 418391 0 73259 0 32700 0 42450 0 867722 0 0 RUTH WATKINS BOARD MEMBER 0 431830 0 245143 0 24156 0 32700 0 32767 0 766596 0 0 MICHAEL AUSTIN TREASURER 0 267497 0 318568 0 79574 0 32700 0 42450 0 740789 0 0 RUTH WHITE PRESIDENT - ITK 267193 0 250473 0 1227 0 12200 0 4038 0 535131 0 0 0 JAIME NUNEZ PRESIDENT - EAW 257248 0 202560 0 945 0 12200 0 28615 0 501568 0 0 0 DARRYL GRAHAM BOARD MEMBER 0 232870 0 186731 0 21013 0 32246 0 24911 0 497771 0 0 MICHAEL MARRINER PRESIDENT - RTN 279654 0 142967 0 777 0 12200 0 18335 0 453933 0 0 0 EARL BUFORD PRESIDENT - CAEL 260001 0 94646 0 26086 0 18300 0 11194 0 410227 0 0 0 BRIAN MCALLISTER COO 222151 0 142967 0 760 0 12200 0 24320 0 402398 0 0 0 KAI DREKMEIER CHIEF DEVELOPMENT OFFICER 213468 0 111800 0 1165 0 12200 0 27254 0 365887 0 0 0 ELENA WEALTY CONTROLLER (THRU 9/30/22) 136514 0 0 0 107553 0 5673 0 113657 0 363397 0 0 0 ARIELLA TENUTA CFO 208453 0 126582 0 406 0 10761 0 5989 0 352191 0 0 0 JULIE RAGSDALE SECRETARY (BEG 4/9/22) 0 212567 0 50012 0 47032 0 29147 0 0 0 338758 0 0 STEPHEN AST AVP, PARTNER SUCCESS 208437 0 71550 0 1137 0 11398 0 16562 0 309084 0 0 0 CHRISTINA CLARK SECRETARY (THRU 4/8/22) 0 62500 0 108945 0 49004 0 18058 0 16405 0 254912 0 0 PART I, LINE 3 STRADA EDUCATION FOUNDATION, INC., A RELATED ENTITY OF STRADA COLLABORATIVE, INC., USES THE FOLLOWING TO ESTABLISH THE COMPENSATION OF THE ORGANIZATION'S PRESIDENT: - COMPENSATION COMMITTEE - INDEPENDENT COMPENSATION CONSULTANT - FORM 990 OF OTHER ORGANIZATIONS - COMPENSATION SURVEY OR STUDY - APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE PART I, LINE 4A: UNDER A VOLUNTARY TERMINATION AGREEMENT ENTERED INTO BY THE EMPLOYEE AND THE ORGANIZATION OR UPON A QUALIFYING TERMINATION DEFINED AS AN INVOLUNTARY SEPARATION FROM SERVICE OTHER THAN FOR CAUSE, THE EMPLOYEE IS ENTITLED TO SEVERANCE PAY BASED UPON YEARS OF SERVICE. THE TERMS AND CONDITIONS TO RECEIVE SEVERANCE PAYMENTS REQUIRE THE EMPLOYEE TO SIGN A RELEASE OF CLAIMS FORM THAT COVERS ALL SITUATIONS SURROUNDING THE EMPLOYEE'S EMPLOYMENT AND SEPARATION FROM STRADA COLLABORATIVE, INC. A SEVERANCE PAYMENT WAS MADE DURING THE YEAR TO THE FOLLOWING LISTED PERSON IN PART VII: ELENA WEALTY - $91,720 PART I, LINE 4B: ELIGIBLE EMPLOYEES PARTICIPATE IN A SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN UNDER CODE SECTION 457(F). ANY AMOUNTS ULTIMATELY PAID UNDER THE PLAN TO AN ELIGIBLE EMPLOYEE IS REPORTED AS COMPENSATION ON FORM 990, SCHEDULE J, PART II, COLUMN B IN THE YEAR PAID. PAYMENTS UNDER THE 457(F) PLAN WERE MADE DURING CALENDAR YEAR 2022 TO THE FOLLOWING LISTED PERSONS IN PART VII: LARRY LUTZ - $13,470 THOMAS DAWSON - $18,327 MICHAEL AUSTIN - $2,781 PART I, LINE 7: ELIGIBLE EMPLOYEES PARTICIPATE IN THE INCENTIVE PAY PROGRAMS BASED ON CERTAIN ELIGIBILITY REQUIREMENTS AND ANY PAYMENTS ARE DETERMINED BY OVERALL ACHIEVEMENT OF ESTABLISHED BUSINESS GOALS FOR EACH DIVISION OF STRADA COLLABORATIVE, INC., ALONG WITH THE EMPLOYEES' ACHIEVEMENT OF PERSONAL GOALS AND OBJECTIVES, AS ASSESSED BY MANAGEMENT AND THE HR TEAM. PAYMENTS UNDER THE INCENTIVE PROGRAMS ARE EVALUATED AND ASSESSED FOR REASONABLENESS AND EQUITY BY THE HR TEAM OF THE PARENT ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 2 PERSONS LISTED IN PART VII MAY HAVE A "BUSINESS RELATIONSHIP" WITH EACH OTHER BY VIRTUE OF SITTING ON RELATED STRADA EDUCATION FOUNDATION, INC. BOARDS OR BY VIRTUE OF THEIR EMPLOYMENT WITH RELATED STRADA EDUCATION FOUNDATION, INC. ENTITIES. FORM 990, PART VI, SECTION A, LINE 7A STRADA EDUCATION FOUNDATION, INC. HAS THE RIGHT TO ELECT THE MEMBERS OF THE BOARD OF TRUSTEES OF STRADA COLLABORATIVE, INC. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DID NOT HAVE ANY COMMITTEES DURING THE TAX YEAR. FORM 990, PART VI, SECTION B, LINE 11B ONCE THE FORM 990 IS PREPARED BY THE COMPANY, WITH ASSISTANCE FROM THE EXTERNAL TAX ACCOUNTING FIRM, THE FORM AND ALL APPLICABLE SCHEDULES ARE PROVIDED TO THE FULL BOARD IN ADVANCE OF THE FORM BEING FILED WITH THE IRS, ALLOWING TIME FOR REVIEW AND COMMENT BY THE FULL BOARD. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, A CONFLICT OF INTEREST AND DISCLOSURE QUESTIONNAIRE IS REQUIRED TO BE COMPLETED BY ALL TRUSTEES, OFFICERS, AND KEY EMPLOYEES. THE PURPOSE OF THE QUESTIONNAIRE IS TO SOLICIT INFORMATION ABOUT RELATIONSHIPS THAT MAY CONSTITUTE A POTENTIAL CONFLICT OF INTEREST. EACH MEMBER OF THE BOARD OF TRUSTEES SIGNS AN ANNUAL CONFLICT OF INTEREST DISCLOSURE STATEMENT THAT DISCLOSES ACTUAL OR POTENTIAL CONFLICTS OF INTEREST AS SET FORTH IN THE APPROVED CONFLICT OF INTEREST POLICY FOR TRUSTEES. THE DISCLOSURE STATEMENTS ARE REVIEWED BY THE BOARD OF TRUSTEES. WHEN ANY SUCH CONFLICT OF INTEREST IS RELEVANT TO A MATTER REQUIRING ACTION BY THE BOARD OF TRUSTEES OR ANY COMMITTEE, THE INTERESTED PERSON SHALL CALL IT TO THE ATTENTION OF THE CHAIR AND SUCH PERSON SHALL NOT VOTE ON THE MATTER. MOREOVER, THE PERSON HAVING THE CONFLICT SHALL LEAVE THE ROOM IN WHICH THE MEETING IS HELD AND NOT PARTICIPATE IN THE FINAL DELIBERATIONS OR DECISIONS REGARDING THE MATTER UNDER CONSIDERATION. A TRUSTEE SHALL ADVISE THE CHAIR IN WRITING OF ANY POTENTIAL CONFLICTS OF INTEREST WHICH ARISE AFTER SIGNING THE CONFLICT OF INTEREST DISCLOSURE STATEMENT. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION DETERMINATIONS OF STRADA COLLABORATIVE, INC.'S PRESIDENT AND THE OTHER OFFICERS FOR CALENDAR YEAR 2022 WERE MADE BY A COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES OF STRADA EDUCATION FOUNDATION, INC. OR OTHER RELATED ENTITIES THAT WERE MERGERD INTO STRADA COLLABORATIVE, INC. DURING CALENDAR YEAR 2022 WHOSE MEMBERS HAVE NO CONFLICT OF INTEREST WITHIN THE MEANING OF THE TREAS. REG. 53.4958-6(C)(1)(III). THE COMPENSATION COMMITTEE ESTABLISHES THE COMPENSATION PHILOSOPHY, AND WITH COMPARABILITY DATA PROVIDED BY AN INDEPENDENT COMPENSATION CONSULTANT, ANNUALLY EVALUATES THE PERFORMANCE OF THE PRESIDENT AND ALL OTHER OFFICERS, AND DETERMINES IN ADVANCE THE REASONABLENESS OF COMPENSATION PAID TO AND BENEFITS PROVIDED TO SUCH INDIVIDUALS. THE DETERMINATIONS MADE AND THE BASIS OF SUCH DETERMINATIONS ARE CONTEMPORANEOUSLY DOCUMENTED IN WRITTEN MINUTES. FINAL DETERMINATIONS ARE REPORTED TO THE FULL BOARD OF TRUSTEES OF STRADA EDUCATION FOUNDATION, INC. OR THE OTHER RELATED ENTITES PRIOR TO THEIR MERGER. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ANY DOCUMENT OPEN TO PUBLIC INSPECTION AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: TRANSFER OF ASSETS FROM STRADA EDUCATION FOUNDATION, INC. 2,000,000. TRANSFER OF ASSETS, LIABILITIES, AND NET ASSETS FROM ROADTRIP PRODUCTIONS -27,940,444. ADJUSTMENT TO REMOVE UNCONSOLIDATED ENTITY 1,724,357. STRADA EDUCATION FOUNDATION INC 10 WEST MARKET STREET STE 1100 INDIANAPOLIS IN 46204 473044430 PARENT ORGANIZATION DE 501(C)(3) 12B, II N/A 0 ROADTRIP PRODUCTIONS LTD 1626 PLACENTIA AVE COSTA MESA CA 92627 042615743 EDUCATION OUTREACH DE STRADA COLLABORATIVE INC C 1304177 1.00000 1 STRADA SOLUTIONS INC 10 WEST MARKET STREET STE 1100 INDIANAPOLIS IN 46204 371897172 HOLDING COMPANY DE N/A C 1 0 0 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 1 STRADA EDUCATION FOUNDATION INC C 4336528 FMV STRADA SOLUTIONS INC L 172553 FMV STRADA EDUCATION FOUNDATION INC O 795657 FMV STRADA EDUCATION FOUNDATION INC P 130000 FMV STRADA EDUCATION FOUNDATION INC Q 95893 FMV ROADTRIP PRODUCTIONS LTD R 304137 FMV ROADTRIP PRODUCTIONS LTD S -27669821 FMV STRADA EDUCATION FOUNDATION INC S 7456086 FMV