2024-11-12T09:17:26-06:00 2023-12-31 470900880 CALIBRE CPA GROUP PLLC 7501 WISCONSIN AVENUE SUITE 1200 WEST BETHESDA MD 20814 990 2023-01-01 464255260 COMMONLIT INC COMM 3012002426 660 PENNSYLVANIA AVE SE STE 302 WASHINGTON DC 20003 MICHELLE BROWN CEO & PRESIDENT 3012002426 2024-11-12 1 1 SCOTT E HALLBERG CPA P01081188 2023319880 2023 2024-10-15 13:58:12Z MICHELLE BROWN 660 PENNSYLVANIA AVE SE STE 302 WASHINGTON DC 20003 13856418 0 X WWW.COMMONLIT.ORG X 2013 MA TO MAKE HIGH-QUALITY LITERACY MATERIALS ACCESSIBLE TO TEACHERS AND THE GENERAL PUBLIC FOR THE ADVANCEMENT OF EDUCATION. 6 5 128 0 0 0 8855365 8204327 3015689 5418739 0 233352 0 0 11871054 13856418 0 0 0 0 7774296 12843361 0 0 378620 3169785 4361880 10944081 17205241 926973 -3348823 11445180 13125404 3649230 8678277 7795950 4447127 TO MAKE HIGH-QUALITY LITERACY MATERIALS ACCESSIBLE TO TEACHERS AND THE GENERAL PUBLIC FOR THE ADVANCEMENT OF EDUCATION. 0 0 15733194 5418739 EDUCATION: DELIVERY OF HIGH-QUALITY, INSTRUCTIONAL MATERIAL TO SUPPORT LITERACY DEVELOPMENT FOR STUDENTS IN GRADES 3-12. 15733194 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 106 0 1 128 1 0 0 0 0 0 0 0 0 0 0 0 0 X 6 5 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA X MICHELLE BROWN 3012002426 660 PENNSYLVANIA AVE SE 302 WASHINGTON DC 20003 MICHELLE BROWN PRESIDENT & CEO 40.00 X X 316383 0 20750 KODJO WILDER DIRECTOR/TRUSTEE 2.00 X 0 0 0 ESTHER WOJCICKI DIRECTOR/TRUSTEE 2.00 X 0 0 0 SABRINA ROSHAN DIRECTOR/TRUSTEE 2.00 X 0 0 0 JOHN COYNE DIRECTOR/TRUSTEE 2.00 X 0 0 0 MARY GRACE TIGHE DIRECTOR/TRUSTEE 2.00 X 0 0 0 GEOFFREY HARCOURT CHIEF TECHNOLOGY OFFICER 40.00 X 300000 0 12015 JULIAN MANTE CHIEF OPERATING OFFICER 40.00 X 247538 0 457 ROBERT FLEISHER CHIEF REVENUE OFFICER 40.00 X 240271 0 14248 ELIZA AIERSTUCK SENIOR SOFTWARE ENGINEER 40.00 X 190656 0 11652 BROOKS JOHNSON SENIOR SOFTWARE ENGINEER 40.00 X 178075 0 6967 CATHERINE HUFFMAN DIRECTOR OF MARKETING 40.00 X 185153 0 7486 1658076 0 73575 37 0 1 0 HERKIMER CONSULTING INC 1557 FRONT PORCH PL APT 208 ALTOONA WI 54720 PSYCHOMETRICS CONSULTING 270638 RUBINO & COMPANY 6903 ROCKLEDGE DRIVE SUITE 100 BETHESDA MD 20817 ACCOUNTING SERVICES 216713 VICTORIA JALAL 120 LACONIA CIRCLE N ANDOVER MA 01845 OUTSOURCED CFO SERVICES 106900 NATALIE FALSGRAF 288 WES WHITE HILL RICHMOND VT 05477 CURRICULUM DEVELOPMENT 106672 4 992017 7212310 8204327 EARNED REVENUE 900099 5418739 5418739 5418739 233352 233352 13856418 5418739 0 233352 649148 609225 22200 17723 10684191 10300605 88698 294888 342998 321912 11721 9365 665781 454531 195292 15958 501243 470428 17128 13687 4618 3490 1042 86 236713 236713 1638213 1473132 164572 509 61884 61721 151 12 203817 144845 55510 3462 1161609 1130128 28785 2696 258492 195381 58321 4790 554596 421870 120077 12649 131121 101131 27714 2276 53980 53980 PROGRAM COSTS 28811 23611 5200 OTHER COSTS 28026 21184 6323 519 17205241 15733194 1093427 378620 7146079 1096402 3502363 913933 483588 1893489 265568 384317 8326066 24244 487859 23338 23338 11445180 13125404 434155 999187 3189462 7170815 25613 508275 3649230 8678277 X 2360231 1570846 5435719 2876281 7795950 4447127 11445180 13125404 -3348823 0 X X 0 1 X 1 1 1 X 2921480 5149344 7326940 8855365 8204327 32457456 2921480 5149344 7326940 8855365 8204327 32457456 12275600 20181856 233352 233352 4477 8808 13285 32704093 12927997 0.61710 0.73310 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 LEASE LIABILITY 508275 508275 X 13856418 0 13856418 0 13856418 17205241 0 17205241 0 17205241 PART X, LINE 2: UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, THE ORGANIZATION IS A NONPROFIT ORGANIZATION AND IS EXEMPT FROM FEDERAL TAXES ON INCOME OTHER THAN NET UNRELATED BUSINESS INCOME. NO PROVISION FOR FEDERAL OR STATE INCOME TAXES IS REQUIRED FOR THE YEAR ENDED DECEMBER 31, 2023, AS THE ORGANIZATION HAD NO TAXABLE NET UNRELATED BUSINESS INCOME. THE ORGANIZATION FOLLOWS THE AUTHORITATIVE GUIDANCE RELATING TO ACCOUNTIN FOR UNCERTAINTY IN INCOME TAXES. THESE PROVISIONS PROVIDE CONSISTENT GUIDANCE FOR THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTITY'S FINANCIAL STATEMETNS AND PRESCRIBE A THRESHOLD OF "MORE LIKELY THAN NOT" FOR RECOGNITION AND DERECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. IT IS THE ORGANIZATION'S POLICY TO RECOGNIZE INTEREST AND/OR PENALTIES RELATED TO UNCERTAIN TAX POSITIONS, IF ANY, IN INCOME TAX EXPENSES. THE ORGANIZATION PERFORMED AN EALUATION OF UNCERTAIN TAX POSITIONS FOR THE YEAR ENDED DECEMBER 31, 2023, AND DETERMINED THAT THERE WERE NO MATTERS THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS OR THAT MAY HAVE ANY EFFECT ON ITS TAX-EXEMPT STATUS. THE STATUTE OF LIMITATIONS GENERALLY REMAINS OPEN FOR THREE TAX YEARS WITH THE U.S. FEDERAL JURISDICTION OR THE VARIOUS STATES AND LOCAL JURISDICTIONS IN WHICH THE ORGANIZATION FILES TAX RETURNS. SOUTH AMERICA 0 3 PROGRAM SERVICES CONTENT WRITING, MARKETING SUPPORT, SPANISH LANGUAGE TEXT 102227 CENTRAL AMERICA AND CARIBBEAN 0 1 PROGRAM SERVICES SPANISH LANGUAGE TEST WRITING & REVISIONS 16823 NORTH AMERICA 0 3 PROGRAM SERVICES DEVELOP SPANISH LANGUAGE LESSONS, SPANISH TRAINING MATERIALS, AND SPANISH CURRICULUM DOCUMENTS 79664 EAST ASIA AND THE PACIFIC 0 1 PROGRAM SERVICES SUPPORT ENGINEERING TEAM PROJECTS 26400 SUB-SAHARAN AFRICA 0 1 PROGRAM SERVICES PARTNERSHIPS TEAM SUPPORT - BUSINESS DEVELOPMENT 4462 0 9 0 0 0 9 229576 0 229576 0 0 0 0 0 0 1 X X X X X 0 0 0 0 0 0 0 0 0 MICHELLE BROWN PRESIDENT & CEO 291383 0 25000 0 0 0 9625 0 11125 0 337133 0 0 0 GEOFFREY HARCOURT CHIEF TECHNOLOGY OFFICER 300000 0 0 0 0 0 12000 0 15 0 312015 0 0 0 ROBERT FLEISHER CHIEF REVENUE OFFICER 173439 0 66832 0 0 0 9673 0 4575 0 254519 0 0 0 JULIAN MANTE CHIEF OPERATING OFFICER 247538 0 0 0 0 0 0 0 457 0 247995 0 0 0 ELIZA AIERSTUCK SENIOR SOFTWARE ENGINEER 190656 0 0 0 0 0 7705 0 3947 0 202308 0 0 0 CATHERINE HUFFMAN DIRECTOR OF MARKETING 185153 0 0 0 0 0 7486 0 0 0 192639 0 0 0 BROOKS JOHNSON SENIOR SOFTWARE ENGINEER 178075 0 0 0 0 0 6967 0 0 0 185042 0 0 0 FORM 990, PART VI, SECTION A, LINE 3 COMMONLIT DELEGATED CONTROL OVER SOME MANAGEMENT DUTIES CUSTOMARILY PERFORMED BY THE DIRECT SUPERVISION OF OFFICERS, DIRECTORS, TRUSTEES OR KEY EMPLOYEES TO RUBINO AND COMPANY, CHARTERED. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S ACCOUNTANTS PROVIDE A DRAFT 990 TO THE BOARD OF DIRECTORS AND TREASURER. THE BOARD AND TREASURER PROVIDE COMMENTS WHICH THE CPA FIRM INCORPORATES. THE CPA FIRM PROVIDES THE FINAL RETURN TO THE CEO, WHO APPROVES, SIGNS, AND SUBMITS. FORM 990, PART VI, SECTION B, LINE 12C COMMONLIT'S MANAGEMENT AND BOARD MEMBERS ARE SUBJECT TO A WRITTEN CONFLICT OF INTEREST POLICY. IN ADDITION TO SELF-REPORTING BY OFFICERS, DIRECTORS, AND KEY EMPLOYEES, MANAGEMENT FLAGS POTENTIAL CONFLICTS OF INTEREST REGARDING PURCHASES, POTENTIAL PARTNERSHIPS, AND EARNED REVENUE OPPORTUNITIES. DURING 2023, NO CONFLICTS OF INTEREST WERE IDENTIFIED. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD GOES THROUGH THE PROCESS TO SET OFFICERS SALARIES BASED ON MARKET SALARY INFORMATION AND PREVIOUS COMPENSATION. CEO COMPENSATION IS SET THROUGH A TWO-STEP PROCESS. FIRST, A SUBCOMMITTEE OF INDEPENDENT DIRECTORS ANALYZES COMPENSATION OF CEOS AT PEER AND COMPARABLE ENTITIES AND PRESENTS A RECOMMENDATION TO THE FULL BOARD OF DIRECTORS. SECOND, THE FULL BOARD OF DIRECTORS DELIBERATES AND VOTES ON THE RECOMMENDATION. THE CEO IS TOTALLY RECUSED FROM THE PROCESS, INCLUDING ALL DISCUSSIONS AND ALL VOTES. FORM 990, PART VI, SECTION C, LINE 19 ALL INFORMATION WILL BE PROVIDED UPON REQUEST AND APPROVAL OF THE GOVERNING BODY. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.