Change The Equation Inc is located in Bethesda, MD. As of 12/2017, Change The Equation Inc employed 4 individuals. Change The Equation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2017, Change The Equation Inc generated $333.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (37.4%) each year. All expenses for the organization totaled $2.7m during the year ending 12/2017. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2017
Describe the Organization's Mission:
Part 3 - Line 1
CHANGE THE EQUATION'S MISSION IS TO ENSURE THAT EVERY U.S. HIGH SCHOOL GRADUATE IS LITERATE IN SCIENCE, TECHNOLOGY, ENGINEERING AND MATH (STEM). THE ORGANIZATION HELPS TO ENGAGE YOUNG PEOPLE, IN PARTICULAR, LOW-MINORITY STUDENTS, IN STEM LEARNING THAT WILL ENABLE THEM TO SUCCEED IN POST- SECONDARY EDUCATION, HOLD REWARDING JOBS, AND PARTICIPATE FULLY AS CITIZENS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCALING STEMWORKS PROGRAMS THROUGH STATE STEMWORKS FRANCHISES WITH GENEROUS SUPPORT FROM THE OVERDECK FAMILY FOUNDATION IN 2017, CTEQ INCREASED THE NUMBER OF STATE STEMWORKS PARTNERSHIPS FROM FIVE TO SEVEN. WE ADDED NEVADA AND OREGON TO OUR EXISTING PARTNERSHIPS WITH COLORADO, IDAHO, INDIANA, IOWA, AND MICHIGAN. IN EACH CASE CTEQ HELPED STATE ORGANIZATIONS BUILD THE CAPACITY TO REVIEW STEM PROGRAMS IN THEIR STATES FOR ADMISSION TO THE DATABASE. FOR EXAMPLE, PROGRAMS CHOSEN BY THE IOWA GOVERNOR'S STEM ADVISORY COUNCIL THROUGH THE IOWA PROCESS RECEIVED MORE THAN 3 MILLION DOLLARS IN STATE FUNDING IN SCALING FUNDS. WITH OVERDECK SUPPORT, CTEQ ALSO MENTORED TEN PROGRAMS THAT HAD APPLIED TO GAIN ENTRY TO STEMWORKS BUT DID NOT QUITE MAKE IT OVER THE BAR. THESE PROGRAMS HAVE NOT YET REAPPLIED TO STEMWORKS, BUT THEY VALUED THE OUTSIDE HELP IN THINKING ABOUT THEIR OFFERING. CTEQ ALSO SELECTED A GRANTEE TO RECEIVE THE IP FOR STEMWORKS WITH THE ORGANIZATION'S IMPENDING DISSOLUTION. THIS INVOLVED A THOUGHTFUL, COMPETITIVE PROCESS FOLLOWED BY NEGOTIATIONS WITH THE ULTIMATE GRANTEE WHILE KEEPING THE INITIATIVE VIBRANT AND CURRENT.
SCALING STEMWORKS PROGRAMS THROUGH STATE STEMWORKS FRANCHISES WITH GENEROUS SUPPORT FROM THE OVERDECK FAMILY FOUNDATION IN 2017, CTEQ INCREASED THE NUMBER OF STATE STEMWORKS PARTNERSHIPS FROM FIVE TO SEVEN. WE ADDED NEVADA AND OREGON TO OUR EXISTING PARTNERSHIPS WITH COLORADO, IDAHO, INDIANA, IOWA, AND MICHIGAN. IN EACH CASE CTEQ HELPED STATE ORGANIZATIONS BUILD THE CAPACITY TO REVIEW STEM PROGRAMS IN THEIR STATES FOR ADMISSION TO THE DATABASE. FOR EXAMPLE, PROGRAMS CHOSEN BY THE IOWA GOVERNOR'S STEM ADVISORY COUNCIL THROUGH THE IOWA PROCESS RECEIVED MORE THAN 3 MILLION DOLLARS IN STATE FUNDING IN SCALING FUNDS. WITH OVERDECK SUPPORT, CTEQ ALSO MENTORED TEN PROGRAMS THAT HAD APPLIED TO GAIN ENTRY TO STEMWORKS BUT DID NOT QUITE MAKE IT OVER THE BAR. THESE PROGRAMS HAVE NOT YET REAPPLIED TO STEMWORKS, BUT THEY VALUED THE OUTSIDE HELP IN THINKING ABOUT THEIR OFFERING. CTEQ ALSO SELECTED A GRANTEE TO RECEIVE THE IP FOR STEMWORKS WITH THE ORGANIZATION'S IMPENDING DISSOLUTION. THIS INVOLVED A THOUGHTFUL, COMPETITIVE PROCESS FOLLOWED BY NEGOTIATIONS WITH THE ULTIMATE GRANTEE WHILE KEEPING THE INITIATIVE VIBRANT AND CURRENT.
PROVIDING DATA TO INFORM CORPORATE SOCIAL RESPONSIBILITY CHANGE THE EQUATION'S ROBUST, STATE-BY-STATE "VITAL SIGNS" REPORTS, WHICH PRESENT MORE THAN 50 INDICATORS FOR EACH STATE IN THE COUNTRY, PROVIDE THE RICHEST, MOST COMPLETE STATE-BY-STATE INFORMATION ON K-12 STEM EDUCATION EVER ASSEMBLED. THEY COMBINE PUBLICLY AVAILABLE DATA WITH NEW DATA GLEANED FROM NEW SOURCES OR REANALYSIS OF DATA IN EXISTING SOURCES. THE DATA ARE AVAILABLE IN BRIEF PDF REPORTS AS WELL AS IN AN INTERACTIVE WEBSITE THAT ALLOWS VISITORS TO EXPLORE STATE-BY-STATE DATA IN MORE DEPTH. THESE DATA ILLUMINATE CRITICAL AREAS OF NEED IN STEM EDUCATION, WHICH HELPS OUR CORPORATE PARTNERS BETTER TARGET THEIR INVESTMENTS IN STEM EDUCATION AND ADVOCACY FOR CHANGE. CTEQ VITAL SIGNS DATA HAVE BEEN CITED BY DOZENS OF NATIONAL AND STATE MEDIA OUTLETS ACROSS THE COUNTRY, AND NATIONAL LEGISLATORS, STATE LEGISLATORS, CEOS, AND AT LEAST TWO GOVERNORS HAVE USED THEM TO ADVOCATE FOR GREATER FOCUS ON STEM LEARNING. IN 2017, CTEQ UPDATED VITAL SIGNS WITH NEW DATA AS THEY BECAME AVAILABLE AND CONTINUED THE PROCESS OF CREATING TAILORED POWERPOINT PRESENTATIONS TO MAKE THE CASE FOR STRONG STEM EDUCATION POLICIES AND PROGRAMS IN EVERY STATE. IN ADDITION, CTEQ PRODUCED IMPORTANT NEW VITAL SIGNS BRIEFS AND INFOGRAPHICS FEATURING ORIGINAL DATA. THE IOWA GOVERNOR'S STEM ADVISORY COUNCIL (SEPTEMBER 2017) - LEARN MORE ABOUT THE STEM "EDUNOMIC DEVELOPMENT INITIATIVE" THAT HAS FUELED A STEM EDUCATION RENAISSANCE IN IOWA AND OFFERS A MODEL OTHER STATES SHOULD ASPIRE TO. ENDING THE DOUBLE DISADVANTAGE (BRIEF AND INFOGRAPHICS) (JULY 2017) - STUDENTS IN THE HIGHEST-POVERTY SCHOOLS HAVE THE LEAST ACCESS TO CRITICAL STEM RESOURCES, EXPERIENCES, AND CLASSES. STRATEGIES TO HELP THESE SCHOOLS ARE MORE CRUCIAL THAN EVER. WILL ELEMENTARY SCIENCE REMAIN THE FORGOTTEN STEPCHILD OF SCHOOL REFORM? (INFOGRAPHICS) (MAY 2017) - ELEMENTARY SCHOOL CHILDREN ARE ON A STARVATION DIET OF THIN AND INFREQUENT SCIENCE INSTRUCTION. STATE POLICIES CAN HELP CHANGE THAT. WILL WE MAKE TIME FOR SCIENCE AND ENGINEERING IN OUR ELEMENTARY SCHOOLS? (INFOGRAPHICS) (MARCH 2017) - ELEMENTARY SCHOOLS IN STATES THAT ADOPTED NEXT GENERATION SCIENCE STANDARDS ARE SPENDING MORE TIME ON ENGINEERING BUT ONLY IF THEY DEVOTE CLASS TIME TO SCIENCE. ENGINEERING GAINS GROUND IN K-12 SCHOOLS (INFOGRAPHICS) (FEBRUARY 2017) - NEW DATA SHOW THAT EFFORTS TO MAKE ENGINEERING PART OF THE K-12 CURRICULUM ARE BEGINNING TO PAY OFF, ESPECIALLY IN STATES THAT HAVE ADOPTED THE NEXT GENERATION SCIENCE STANDARDS. CTEQ ALSO SELECTED A GRANTEE TO RECEIVE THE IP FOR VITAL SIGNS WITH THE ORGANIZATION'S DISSOLUTION. THIS INVOLVED A THOUGHTFUL, COMPETITIVE PROCESS FOLLOWED BY NEGOTIATIONS WITH THE ULTIMATE GRANTEE WHILE KEEPING THE INITIATIVE VIBRANT AND CURRENT.
PROVIDING DATA TO INFORM CORPORATE SOCIAL RESPONSIBILITY CHANGE THE EQUATION'S ROBUST, STATE-BY-STATE "VITAL SIGNS" REPORTS, WHICH PRESENT MORE THAN 50 INDICATORS FOR EACH STATE IN THE COUNTRY, PROVIDE THE RICHEST, MOST COMPLETE STATE-BY-STATE INFORMATION ON K-12 STEM EDUCATION EVER ASSEMBLED. THEY COMBINE PUBLICLY AVAILABLE DATA WITH NEW DATA GLEANED FROM NEW SOURCES OR REANALYSIS OF DATA IN EXISTING SOURCES. THE DATA ARE AVAILABLE IN BRIEF PDF REPORTS AS WELL AS IN AN INTERACTIVE WEBSITE THAT ALLOWS VISITORS TO EXPLORE STATE-BY-STATE DATA IN MORE DEPTH. THESE DATA ILLUMINATE CRITICAL AREAS OF NEED IN STEM EDUCATION, WHICH HELPS OUR CORPORATE PARTNERS BETTER TARGET THEIR INVESTMENTS IN STEM EDUCATION AND ADVOCACY FOR CHANGE. CTEQ VITAL SIGNS DATA HAVE BEEN CITED BY DOZENS OF NATIONAL AND STATE MEDIA OUTLETS ACROSS THE COUNTRY, AND NATIONAL LEGISLATORS, STATE LEGISLATORS, CEOS, AND AT LEAST TWO GOVERNORS HAVE USED THEM TO ADVOCATE FOR GREATER FOCUS ON STEM LEARNING. IN 2017, CTEQ UPDATED VITAL SIGNS WITH NEW DATA AS THEY BECAME AVAILABLE AND CONTINUED THE PROCESS OF CREATING TAILORED POWERPOINT PRESENTATIONS TO MAKE THE CASE FOR STRONG STEM EDUCATION POLICIES AND PROGRAMS IN EVERY STATE. IN ADDITION, CTEQ PRODUCED IMPORTANT NEW VITAL SIGNS BRIEFS AND INFOGRAPHICS FEATURING ORIGINAL DATA. THE IOWA GOVERNOR'S STEM ADVISORY COUNCIL (SEPTEMBER 2017) - LEARN MORE ABOUT THE STEM "EDUNOMIC DEVELOPMENT INITIATIVE" THAT HAS FUELED A STEM EDUCATION RENAISSANCE IN IOWA AND OFFERS A MODEL OTHER STATES SHOULD ASPIRE TO. ENDING THE DOUBLE DISADVANTAGE (BRIEF AND INFOGRAPHICS) (JULY 2017) - STUDENTS IN THE HIGHEST-POVERTY SCHOOLS HAVE THE LEAST ACCESS TO CRITICAL STEM RESOURCES, EXPERIENCES, AND CLASSES. STRATEGIES TO HELP THESE SCHOOLS ARE MORE CRUCIAL THAN EVER. WILL ELEMENTARY SCIENCE REMAIN THE FORGOTTEN STEPCHILD OF SCHOOL REFORM? (INFOGRAPHICS) (MAY 2017) - ELEMENTARY SCHOOL CHILDREN ARE ON A STARVATION DIET OF THIN AND INFREQUENT SCIENCE INSTRUCTION. STATE POLICIES CAN HELP CHANGE THAT. WILL WE MAKE TIME FOR SCIENCE AND ENGINEERING IN OUR ELEMENTARY SCHOOLS? (INFOGRAPHICS) (MARCH 2017) - ELEMENTARY SCHOOLS IN STATES THAT ADOPTED NEXT GENERATION SCIENCE STANDARDS ARE SPENDING MORE TIME ON ENGINEERING BUT ONLY IF THEY DEVOTE CLASS TIME TO SCIENCE. ENGINEERING GAINS GROUND IN K-12 SCHOOLS (INFOGRAPHICS) (FEBRUARY 2017) - NEW DATA SHOW THAT EFFORTS TO MAKE ENGINEERING PART OF THE K-12 CURRICULUM ARE BEGINNING TO PAY OFF, ESPECIALLY IN STATES THAT HAVE ADOPTED THE NEXT GENERATION SCIENCE STANDARDS. CTEQ ALSO SELECTED A GRANTEE TO RECEIVE THE IP FOR VITAL SIGNS WITH THE ORGANIZATION'S DISSOLUTION. THIS INVOLVED A THOUGHTFUL, COMPETITIVE PROCESS FOLLOWED BY NEGOTIATIONS WITH THE ULTIMATE GRANTEE WHILE KEEPING THE INITIATIVE VIBRANT AND CURRENT.
PROVIDING TAILORED SUPPORT TO CHANGE THE EQUATION COALITION MEMBERS CTEQ OFFERS CORPORATE MEMBERS OF ITS BUSINESS COALITION SPECIFIC GUIDANCE ON STRATEGIES AND INVESTMENTS THAT WILL STRENGTHEN THEIR CORPORATE SOCIAL RESPONSIBILITY IN STEM. WE ANALYZE DATA ON WORKFORCE AND EDUCATION NEEDS IN THEIR AREAS OF GEOGRAPHIC AND THEMATIC FOCUS, AND WE RECOMMEND STRATEGIES AND STEMWORKS PROGRAMS THAT ARE MOST LIKELY TO IMPROVE METRICS IN THOSE AREAS OF NEED.
PROVIDING TAILORED SUPPORT TO CHANGE THE EQUATION COALITION MEMBERS CTEQ OFFERS CORPORATE MEMBERS OF ITS BUSINESS COALITION SPECIFIC GUIDANCE ON STRATEGIES AND INVESTMENTS THAT WILL STRENGTHEN THEIR CORPORATE SOCIAL RESPONSIBILITY IN STEM. WE ANALYZE DATA ON WORKFORCE AND EDUCATION NEEDS IN THEIR AREAS OF GEOGRAPHIC AND THEMATIC FOCUS, AND WE RECOMMEND STRATEGIES AND STEMWORKS PROGRAMS THAT ARE MOST LIKELY TO IMPROVE METRICS IN THOSE AREAS OF NEED.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Craig R Barrett Chair | OfficerTrustee | 1 | $0 |
Richard C Adkerson Director | Trustee | 1 | $0 |
Ursula M Burns Director | Trustee | 1 | $0 |
Michael Gregoire Director | Trustee | 1 | $0 |
Linda P Rosen PHD - Chief Executive Of | Officer | 40 | $469,847 |
Claus Von Zastrow - Chief Operating Of | Officer | 40 | $245,495 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
West Ed Research | 12/30/17 | $137,100 |
Loeb And Loeb Legal | 12/30/17 | $103,983 |
West Ed Research | 12/30/17 | $137,100 |
Loeb And Loeb Legal | 12/30/17 | $103,983 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $345,833 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $20,775 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $366,608 |
Total Program Service Revenue | $0 |
Investment income | $6,113 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$39,542 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $333,179 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $1,042,396 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $723,986 |
Compensation of current officers, directors, key employees. | $42,114 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $83,090 |
Pension plan accruals and contributions | $4,836 |
Other employee benefits | $21,915 |
Payroll taxes | $31,677 |
Fees for services: Management | $0 |
Fees for services: Legal | $103,983 |
Fees for services: Accounting | $46,907 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $17,500 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $310,852 |
Advertising and promotion | $0 |
Office expenses | $23,766 |
Information technology | $6,585 |
Royalties | $0 |
Occupancy | $150,975 |
Travel | $8,858 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $13,472 |
Insurance | $4,965 |
All other expenses | $0 |
Total functional expenses | $2,662,818 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $0 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Unrestricted restricted net Assets | $0 |
Temporarily restricted net Assets | $0 |
Permanently restricted net Assets or current funds | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Total net assets or fund balances | $0 |
Over the last fiscal year, Change The Equation Inc has awarded $2,084,792 in support to 4 organizations.
Grant Recipient | Amount |
---|---|
WEST ED PURPOSE: STEMWORKS EXPANSION | $805,770 |
EDUCATION COMMISSION OF THE STATES PURPOSE: DATA TO INFORM CSR | $236,626 |
WEST ED PURPOSE: STEMWORKS EXPANSION | $805,770 |
EDUCATION COMMISSION OF THE STATES PURPOSE: DATA TO INFORM CSR | $236,626 |