2025-10-20T12:12:26-05:00 2024-12-31 410746749 CLIFTONLARSONALLEN LLP 150 S WARNER ROAD SUITE 310 KING OF PRUSSIA PA 19406 990 2024-01-01 453719806 SPRINGBOARD COLLABORATIVE SPRI 6152085360 1500 JOHN F KENNEDY BLVD 1160 PHILADELPHIA PA 191021710 ALEJANDRO GIBES DE GAC CEO 6152085360 2025-10-16 1 0 MALLORY N GOOD P01704765 2156433900 2025-10-16 2024 2025-03-06 01:10:19Z ALEJANDRO GIBES DE GAC 1500 JOHN F KENNEDY BLVD 1160 PHILADELPHIA PA 191021710 52261418 0 X WWW.SPRINGBOARDCOLLABORATIVE.ORG X 2011 PA SPRINGBOARD COLLABORATIVE COMBINES TARGETED STUDENT INSTRUCTION WITH PARENT TRAINING. 8 7 987 8 0 0 18322470 14556200 17355986 20991517 120944 391682 18519 311496 35817919 36250895 0 0 0 0 24489247 25468962 0 0 883182 9245354 10729855 33734601 36198817 2083318 52078 35386803 36794531 2501100 4114553 32885703 32679978 SPRINGBOARD COLLABORATIVE COMBINES TARGETED STUDENT INSTRUCTION WITH PARENT TRAINING IN AN INCENTIVIZED SYSTEM THAT CLOSES THE LITERACY GAP, BY TRANSFERRING THE SUMMER FROM A BARRIER INTO A SPRINGBOARD FOR FINANCIALLY DISADVANTAGED STUDENTS AND FAMILIES. 0 0 23665909 0 20991517 SPRINGBOARD COLLABORATIVE OFFERS A STRUCTURED, RESEARCH-BASED LITERACY PROGRAM DELIVERED BY TEACHERS AND SUPPORTED BY FAMILIES THAT IMPROVES LITERACY SKILLS AND CLOSES THE ACHIEVEMENT GAP. WE COACH EDUCATORS AND FAMILY MEMBERS TO HELP KIDS LEARN TO READ BY THE FOURTH GRADE. SPRINGBOARD ENVISIONS A WORLD IN WHICH ALL CHILDREN HAVE THE REQUISITE LITERACY SKILLS TO ACCESS LIFE OPPORTUNITIES. 23665909 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 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 0 0 0 0 1 X 37 0 1 987 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 7 0 0 1 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 0 0 AL AR CA CO CT FL GA IL MD MA MI NJ NM NY NC OH PA RI VA WA WI X SPRINGBOARD COLLABORATIVE 3024686312 1500 JOHN F KENNEDY BLVD PHILADELPHIA PA 191021710 ALEJANDRO GIBES DE GAC CEO & FOUNDER 40.00 X X 557394 0 21306 STEPHANIE SHARP BOARD CHAIR AS OF JUN 2024, DIRECTOR 1.00 X X 0 0 0 ELIZABETH CITY DIRECTOR, BOARD CHAIR TO JUN 2024 1.00 X X 0 0 0 JESSIE DING BOARD TREASURER 1.00 X X 0 0 0 CURT ELLIS BOARD SECRETARY 1.00 X X 0 0 0 PAVON ARORA DIRECTOR 1.00 X 0 0 0 JOHN GOMPERTS DIRECTOR 1.00 X 0 0 0 KEN TRUJILLO DIRECTOR 1.00 X 0 0 0 JULIA RAFAL-BAER DIRECTOR TO AUG 2024 1.00 X 0 0 0 SANJEEV MIDHA PRESIDENT 40.00 X 316169 0 39531 MICHELLE KATHERYN SHIRES CHIEF PRODUCT OFFICER 40.00 X 252305 0 5789 NNENNA AKOTAOBI VP, PEOPLE OPERATIONS & STRATEGY 40.00 X 226317 0 25781 TERESA ARRIAGA EXECUTIVE DIRECTOR, WEST 40.00 X 235523 0 6944 AMY CHEN-HU ASSISTANT VP, FINANCE 40.00 X 222000 0 22132 1809708 0 121483 77 0 1 0 0 1404268 13151932 14556200 EDUCATION PROGRAMS 611710 20991517 20991517 20991517 383820 383820 54008 0 54008 54008 54008 16018385 16010523 7862 7862 7862 INNOSIGHT WORK PRODUCT 900099 200000 200000 RAMP CREDITS 900099 57488 57488 257488 36250895 20991517 0 703178 578700 289351 173608 115741 21243957 13726160 6997299 520498 758218 438712 292155 27351 1124612 515599 559996 49017 1763475 1171964 541196 50315 104831 104831 68043 68043 8720 8720 1605761 970013 537795 97953 23121 22527 594 394417 342967 51329 121 1403688 218648 1178500 6540 761588 418536 343052 603306 88157 502408 12741 112195 5394 106801 96438 96438 PROGRAM MATERIALS 5480563 5480408 155 BAD DEBT 5779 5779 61405 59094 2311 36198817 23665909 11649726 883182 7686049 6268507 12194597 5588949 3914483 2574773 2617603 5024761 2897283 689412 977983 768847 222876 417473 545971 18222902 1210789 1349799 35386803 36794531 1256100 2729858 1245000 1384695 2501100 4114553 X 22952739 24544851 9932964 8135127 32885703 32679978 35386803 36794531 52078 -257803 0 X 0 1 X 1 1 1 X 8749156 16896294 23022620 18322470 14556200 81546740 8749156 16896294 23022620 18322470 14556200 81546740 22133547 59413193 19730 7599 9684 120944 437828 595785 18519 257488 276007 82418532 61304373 0.72090 0.72170 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 72200 6017 66183 278657 122359 156298 417990 94500 323490 545971 LEASE LIABILITIES 1384695 1384695 X 36047529 -257803 63157 -194646 36242175 8720 8720 36250895 36253254 63157 63157 36190097 8720 8720 36198817 PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. HOWEVER, INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO THE ORGANIZATION'S TAX-EXEMPT PURPOSE IS SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. IN ADDITION, THE ORGANIZATION QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B)(1)(A)(VI) AND HAS BEEN CLASSIFIED AS AN ORGANIZATION OTHER THAN A PRIVATE FOUNDATION UNDER SECTION 509(A)(1). THE ORGANIZATION REQUIRES ENTITIES TO EVALUATE, MEASURE, RECOGNIZE, AND DISCLOSE ANY UNCERTAIN TAX POSITIONS. GAAP PRESCRIBES A MINIMUM RECOGNITION THRESHOLD THAT A TAX POSITION IS REQUIRED TO MEET IN ORDER TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS. THE ORGANIZATION BELIEVES THAT IT HAD NO UNCERTAIN TAX POSITIONS AS DEFINED IN THE STANDARD. X X 0 0 0 0 0 0 0 1 0 ALEJANDRO GIBES DE GAC CEO & FOUNDER 492090 0 65268 0 36 0 7788 0 13518 0 578700 0 0 0 SANJEEV MIDHA PRESIDENT 312685 0 3436 0 48 0 6796 0 32735 0 355700 0 0 0 MICHELLE KATHERYN SHIRES CHIEF PRODUCT OFFICER 252242 0 0 0 63 0 5323 0 466 0 258094 0 0 0 NNENNA AKOTAOBI VP, PEOPLE OPERATIONS & STRATEGY 199557 0 26723 0 37 0 4859 0 20922 0 252098 0 0 0 AMY CHEN-HU ASSISTANT VP, FINANCE 182959 0 39005 0 36 0 4122 0 18010 0 244132 0 0 0 TERESA ARRIAGA EXECUTIVE DIRECTOR, WEST 196971 0 38450 0 102 0 4060 0 2884 0 242467 0 0 0 PART I, LINE 7 ALL BONUSES ARE DISCRETIONARY. THE BONUSES ARE DETERMINED BY THE DIFFERENT BANDS THAT EMPLOYEES FALL INTO DURING THE FISCAL YEAR. THE TOTAL BONUS IS A PERCENTAGE OF THE INDIVIDUALS SALARY AND A COLLECTIVE PERCENTAGE THAT IS DETERMINED BY GOALS SET BY EACH DEPARTMENT. FORM 990, PART V, LINE 2A: FOR 2024, A TOTAL OF 987 W-2'S WERE ISSUED. FROM JANUARY 1, 2024 THROUGH AUGUST 31, 2024 SPRINGBOARD WAS INCLUDED IN THEADP PEO. UNDER THAT SYSTEM, SPRINGBOARD ISSUED 658 W-2'S. FROM SEPTEMBER 1, 2024 - DECEMBER 31, 2024, ALL WAGES WERE REPORTED UNDER THE SPRINGBOARD COLLABORATIVE EIN THROUGH A PAYROLL PROCESSING SYSTEM CALLED RIPPLING. SPRINGBOARD ISSUED 329 W-2'S THROUGH RIPPLING. THE TOTAL NUMBER OF 2024 W-2'S (987) INCLUDES TWO W-2'S ISSUED TO SEVERAL EMPLOYEES. THE TOTAL HEADCOUNT FOR 2024 WAS 709. FORM 990, PART VI, SECTION A, LINE 4 THE BYLAWS WERE UPDATED ON DECEMBER 11, 2024, TO UPDATE THE MAXIMUM NUMBER OF DIRECTORS FROM SEVEN (7) TO ELEVEN (11). FORM 990, PART VI, SECTION A, LINE 8B THERE IS NO COMMITTEE THAT HAS THE AUTHORITY TO ACT OF BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM. A COPY IS REVIEWED BY ALL BOARD MEMBERS PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY APPLIES TO ALL OFFICERS AND DIRECTORS, WHO HAVE A DUTY TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT TO THE BOARD AS SOON AS ONE ARISES. THE INTERESTED PERSON IS PROHIBITED FROM PARTICIPATING IN THE BOARD'S DELIBERATIONS AND DECISIONS ON THE MATTER. IF THE BOARD DISCOVERS THAT AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST WAS NOT DISCLOSED, THE BOARD WILL INVESTIGATE THE MATTER AND TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION FOR THE CEO & FOUNDER IS REVIEWED AND APPROVED BY THE BOARD ANNUALLY USING COMPARATIVE DATA FOR SIMILAR ORGANIZATIONS. THE DELIBERATION AND DECISION ARE TIMELY DOCUMENTED. THE BOARD HIRES AN INDEPENDENT COMPENSATION EXPERT EVERY OTHER YEAR TO BENCHMARK THE CEO'S COMPENSATION AGAINST INDUSTRY COMPARABLES AND ADVISE THE BOARD CHAIR. COMPENSATION FOR THE CEO AND FOUNDER WAS LAST EVALUATED IN 2024. THE ORGANIZATION DOES NOT COMPENSATE ANY INDIVIDUAL WHO MEETS THE INTERNAL REVENUE SERVICE DEFINITION OF OTHER OFFICER OR KEY EMPLOYEE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.