2025-04-28T12:35:46-05:00 2023-12-31 WITHUMSMITHBROWN PC 1835 MARKET STREET SUITE 1710 PHILADELPHIA PA 191032945 990 2023-01-01 453719806 Springboard Collaborative % SPINGBOARD COLLABORATIVE SPRI 4844828049 2 Penn Center 1500 JFK Blvd 1160 Philadelphia PA 19102 Sanjeev Midha President 4844828049 2025-04-23 true true RICHARD RUVELSON P00234075 2155462140 2023 2025-03-06 01:10:19Z X Alejandro Gibes De Gac 2 Penn Center 1500 JFK Blvd 1160 Philadelphia PA 19102 35817919 false X WWW.SPRINGBOARDCOLLABORATIVE.ORG X 2011 PA SPRINGBOARD COLLABORATIVE COMBINES TARGETED STUDENT INSTRUCTION WITH PARENT TRAINING IN AN INCENTIVIZED SYSTEM. 7 7 902 8 0 0 23022620 18322470 14208409 17355986 9684 120944 0 18519 37240713 35817919 0 0 0 0 20468580 24489247 0 0 3154441 8353885 9245354 28822465 33734601 8418248 2083318 24418582 35386803 4633082 2501100 19785500 32885703 X 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. false false 20902108 17355986 SPRINGBOARD COLLABORATIVE CLOSES THE LITERACY GAP BETWEEN HOME AND SCHOOL. 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. KEY PROGRAMS INCLUDE: 1. FLAGSHIP: IS AN INTENSIVE 5-10 WEEK LITERACY PROGRAM FEATURING DAILY READING INSTRUCTION FOR PRE-K THROUGH THIRD GRADE READERS, WORKSHOPS TRAINING FOR PARENTS TO TEACH READING AT HOME, AND COACHING TEACHERS.2. SPRINGBOARD LEARNING ACCELERATORS (SLA) IS A "LIGHTER TOUCH" MODEL THAT PROVIDES THE STRUCTURE TO SUPPORT AND RESOURCES TO EDUCATORS AND FAMILIES NEEDED TO SET AND ACHIEVE READING GOALS WITHIN A 5-10 WEEK PERIOD IN THE SUMMER OR SCHOOL YEAR. INSTRUCTIONAL COMPONENTS ARE MODULAR AND CUSTOMIZABLE. 20902108 true true false false false false false false false false true false false false true true true false false false false false false false false false false false false true false false false false false false false false false false false false false false false false false true 19 0 true 902 true false false false false false false false false false false false false X 7 7 false false false false false false false true true false false true true true true true true true true false X X SPINGBOARD COLLABORATIVE 4844828049 2 PENN CENTER 1500 JFK BLVD 1160 PHILADELPHIA PA 19102 ALEJANDRO GIBES DE GAC CEO & FOUNDER 40.0 0.0 X 714521 0 31406 SANJEEV MIDHA PRESIDENT 40.0 0.0 X 329661 0 40095 JEFFREY FEINMAN VICE PRESIDENT, PARTNERSHIPS 40.0 0.0 X 230027 0 28243 RUKIYA ROSS SENIOR VP OPERATIONS 40.0 0.0 X 217673 0 28661 ERIN LAIDLAW MCGUIRE VICE PRESIDENT, STRATEGY 40.0 0.0 X 231899 0 12969 KELLY CUTLER CHAIR (TIL 03/23) 1.0 0.0 X X 0 0 0 ELIZABETH CITY CHAIR (EFF 03/23) 1.0 0.0 X X 0 0 0 CURT ELLIS SECRETARY 1.0 0.0 X X 0 0 0 JESSIE DING TREASURER 1.0 0.0 X X 0 0 0 PAVAN ARORA BOARD MEMBER 1.0 0.0 X 0 0 0 JOHN GOMPERTS BOARD MEMBER 1.0 0.0 X 0 0 0 JULIA RAFAL-BAER BOARD MEMBER 1.0 0.0 X 0 0 0 STEPHANIE SHARP BOARD MEMBER 1.0 0.0 X 0 0 0 1723781 0 141374 5 false true false 0 1626312 16696158 18322470 EDUCATIONAL PROGRAMS 611710 17355986 17355986 17355986 120944 120944 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 OTHER INCOME 900099 18519 18519 18519 35817919 17374505 120944 0 0 0 0 745927 408771 246156 91000 0 20395473 11176799 6730506 2488168 692645 379572 228573 84500 962720 527574 317698 117448 1692482 927487 558519 206476 0 38179 22329 15850 42102 24623 17479 0 0 0 1710890 1000616 710274 153976 153976 157893 157893 136745 136745 0 639696 350556 211100 78040 727968 398930 240229 88809 0 0 0 0 40005 40005 85988 85988 BAD DEBT EXPENSE 207687 207687 BOOKS/MATERIALS 5304225 5304225 33734601 20902108 9678052 3154441 X 2019642 7686049 11973653 12194597 0 5588949 2679360 2574773 0 0 0 0 0 0 5581647 5024761 404272 689412 528153 110680 79478 417473 0 0 0 0 0 0 0 0 1680530 1210789 24418582 35386803 2902482 1256100 0 0 43083 0 0 0 0 0 0 0 0 0 0 0 1687517 1245000 4633082 2501100 X 19385500 22952739 400000 9932964 19785500 32885703 24418582 35386803 2083318 11016885 X false true X true true true X 6166623 8749156 16896294 23022620 18332470 73167163 0 0 6166623 8749156 16896294 23022620 18332470 73167163 18440203 54726960 5886 19730 7599 9864 120944 164023 0 0 0 0 0 18519 18519 73349705 45500424 0.74611 0.46440 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 528153 110680 417473 417473 0 LEASE LIABILITIES - OPERATING LEASES 1245000 1245000 X 35907324 89405 89405 35817919 35817919 33824006 89405 89405 33734601 33734601 PART X, LINE 2 THE ORGANIZATION IS EXEMPT FROM INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERENAL 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 DEDUCTIONUNDER 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 false false false false false false false false false ALEJANDRO GIBES DE GAC CEO & FOUNDER 514521 0 200000 0 0 0 22257 0 9149 0 745927 0 0 0 JEFFREY FEINMAN VICE PRESIDENT, PARTNERSHIPS 230027 0 0 0 0 0 11927 0 16316 0 258270 0 0 0 ERIN LAIDLAW MCGUIRE VICE PRESIDENT, STRATEGY 231899 0 0 0 0 0 12969 0 0 0 244868 0 0 0 SANJEEV MIDHA PRESIDENT 329661 0 0 0 0 0 20759 0 19336 0 369756 0 0 0 RUKIYA ROSS SENIOR VP OPERATIONS 217673 0 0 0 0 0 13398 0 15263 0 246334 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B ORGANIZATION'S PROCESS TO REVIEW FROM 990 IS ALL BOARD MEMBERS REVIEW THE 990 AND APPROPRIATE LEVELS OF MANAGEMENT PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 13 AND 14 SINCE THE END OF 2018 THE ORGANIZATION HAS IMPLEMENTED AND HAS IN PLACE POLICIES REGARDING WHISTLEBLOWER, DOCUMENT RETENTION AND DOCUMENT DESTRUCTION. FORM 990, PART VI, SECTION B, LINE 12C BY COMPLETING AND REVIEWING THE ANNUAL DISCLOSURE REQUIREMENTS AND MONITORING THE POLICY THROUGHOUT THE YEAR. FORM 990, PART VI, SECTION B, LINE 15 THE COMPANY'S BOARD OF DIRECTORS STEERS THE PROCESS AND REVIEWS THE PERFORMANCE OF THE EXECUTIVES AND ADJUSTS THE COMPENSATION BASED ON THAT REVIEW AND BY ALSO REVIEWING COMPENSATION FOR SIMILAR ENTITIES. FORM 990, PART VI, SECTION C, LINE 19 ALL GOVERNING DOCUMENTS AND RELATED MATERIALS ARE AVAILABLE TO THE GENERAL PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 8 THE ORGANIZATION HAS RESTATED ITS PREVIOUSLY ISSUED 2022 FINANCIAL STATEMETNS FOR MATERIAL ERROR RELATED TO UNCONDITIONAL CONTRIBUTIONS AND GRANTS RECEIVABLE. PRIOR TO 2023, MANAGEMENT DETERMINED THAT IT WAS RECORDING ITS UNCONDITIONAL CONTRIBUTIONS AND GRANTS RECEIVABLE WHEN RECEIVED AND NOT WHEN UNCONDITIONALLY PROMISED. THIS ERROR RESULTED IN AN UNDERSTATEMENT OF CONTRIBUTIONS AND GRANTS RECEIVABLE OF $11,016,885 AS OF DECEMBER 31, 2022 AND AN UNDERSTATEMENT OF CONTRIBUTIONS AND GRANTS WITH DONOR RESTRICTIONS OF $11,016,885. IN ADDITION, MANAGEMENT DETERMINED THAT PRIOR TO DECEMBER 31, 2022, THEY HAD INCORRECTLY RECORDED CONTRIBUTIONS AND GRANTS WITH DONOR RESTRICTIONS AS CONTRIBUTIONS AND GRANTS WITHOUT DONOR RESTRICTIONS. THIS AMOUNT TOTALED $540,614. TO CORRECT THESE ERRORS, THE ORGANIZATION RECORDED A DECREASE IN OPENING NET ASSETS WITHOUT DONOR RESTRICTIONS OF $540,614, AN INCREASE IN OPENING NET ASSETS WITH DONOR RESTRICTIONS OF $11,557,499 AND AN INCREASE IN TOTAL NET ASSETS OF $11,016,885 AS OF JANUARY 1, 2023. FORM 990, PAGE 1, B, REASON FOR AMENDMENT AMENDED RETURN THE ORGANIZATION AMENDED ITS 2023 FORM 990 TO REFLECT UPDATES MADE AS A RESULT OF THE FINANCIAL AUDIT COMPLETED BY THE INDEPENDENT AUDIT FIRM. THE AMOUNTS IN PART I, III, IV, VIII, IX, X AND XI WERE UPDATED TO REFLECT CHANGES TO AGREE TO THE AUDITED FINANCIAL STATEMENT. PART XII WAS UPDATED TO REFLECT THE AUDIT. SCHEDULE A PART III LINE 1 WAS UPDATED TO AGREE TO FINAL CONTRIBUTION REVENUE. SCHEDULE B WAS MODIFIED TO REFLECT FINAL AUDITED REVENUES BY FUNDING SOURCE. SCHEDULE D, PART XI AND XII WERE UPDATED TO RECONCILE THE AUDITED FINANCIAL STATEMENT TO THE FORM 990.