TY 2014 Form 990

(A) Name and Title	(B) Average hours per week (list any hours for related organizations below dotted line)	(C) Position (do not check more than one box, unless person is both an officer and a director/trustee)	(E) Reportable compensation from related organizations (W- 2/1099-MISC)	(F) Estimated amount of other compensation from the organization and related organizations
(1) PAUL PASTOREK........................................................................ CHAIRMAN	1.00 .......................	X	X			0	0
(2) BARRY MUNITZ........................................................................ VICE CHAIR	1.00 .......................	X	X			0	0
(3) RICHARD BARTH........................................................................ SEC/TREAS, DIRECTOR	1.00 .......................	X	X			0	0
(4) RUSSLYN ALI........................................................................ DIRECTOR	1.00 .......................	X				0	0
(5) BECCA BRACY KNIGHT........................................................................ EXECUTIVE DIRECTOR, DIRECT	40.00 .......................		X	X		245,432	40,894
(6) HAROLD FORD JR........................................................................ DIRECTOR	1.00 .......................	X				0	0
(7) LOU GERSTNER JR........................................................................ DIRECTOR	1.00 .......................	X				0	0
(8) DAN KATZIR........................................................................ DIRECTOR; CONSULTANT	1.00 .......................	X				178,000	0
(9) WENDY KOPP........................................................................ DIRECTOR	1.00 .......................	X				0	0
(10) BRUCE REED........................................................................ DIRECTOR	1.00 .......................	X				0	0
(11) MICHELLE RHEE........................................................................ DIRECTOR	1.00 .......................	X				0	0
(12) MARK ROOSEVELT........................................................................ DIRECTOR	1.00 .......................	X				0	0
(13) ANDREW STERN........................................................................ DIRECTOR	1.00 .......................	X				0	0
(14) LAWRENCE SUMMERS........................................................................ DIRECTOR	1.00 .......................	X				0	0
(15) HEITZ CHRISTINA........................................................................ MANAGING DIR, ACADEMY	40.00 .......................			X		235,240	52,733
(16) BOOKER CHAKA........................................................................ MANAGING DIR., RESIDENCY	40.00 .......................			X		210,240	41,389
(17) GERMERAAD STEPHANIE........................................................................ SENIOR DIR, COMMUNICATIONS	40.00 .......................				X	162,702	23,235

(A) Name and business address	(B) Description of services	(C) Compensation
FAMILY OFFICE FINANCIAL SERVICES 2121 AVENUE OF THE STARS LOS ANGELES,CA90067	FINANCIAL, HR AND TECH MGMT	454,727
AKACRM PO BOX 912672 DENVER,CO80291	NETWORK SYSTEMS TECHN. CONSULTANT	188,026
DAN KATZIR, 8128 TIANNA RD LOS ANGELES,CA90046	PROGRAM CONSULTANT	178,000
MISSION MEASUREMENT LLC 2 N LASALLE ST SUITE 1150 CHICAGO,IL60602	EVALUATION	160,579

2 Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization 4

Do not include amounts reported on lines 6b, 7b, 8b, 9b, and 10b of Part VIII.	(A) Total expenses	(B) Program service expenses	(C) Management and general expenses	(D) Fundraising expenses
1	Grants and other assistance to domestic organizations and domestic governments. See Part IV, line 21 ....	2,000,754	2,000,754
2	Grants and other assistance to domestic individuals. See Part IV, line 22 ....
3	Grants and other assistance to foreign organizations, foreign governments, and foreign individuals. See Part IV, lines 15 and 16 ............
4	Benefits paid to or for members ....
5	Compensation of current officers, directors, trustees, and key employees ....	690,912	445,480	245,432
6	Compensation not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) ....
7	Other salaries and wages ....	3,228,353	2,624,262	604,091
8	Pension plan accruals and contributions (include section 401(k) and 403(b) employer contributions) ....	302,878	230,547	72,331
9	Other employee benefits .......	182,548	145,923	36,625
10	Payroll taxes ...........	287,749	228,433	59,316
11	Fees for services (non-employees):
a	Management ......	465,008		465,008
b	Legal .........	4,588	88	4,500
c	Accounting ...........
d	Lobbying ...........
e	Professional fundraising services. See Part IV, line 17
f	Investment management fees ......
g	Other (If line 11g amount exceeds 10% of line 25, column (A) amount, list line 11g expenses on Schedule O) ....	2,096,743	1,797,734	299,009
12	Advertising and promotion ....	63,239	30,655	32,584
13	Office expenses .......	236,801	30,907	205,894
14	Information technology ......	134,088	80,458	53,630
15	Royalties ..
16	Occupancy ...........	556,117		556,117
17	Travel ............
18	Payments of travel or entertainment expenses for any federal, state, or local public officials ......
19	Conferences, conventions, and meetings ....
20	Interest ...........
21	Payments to affiliates .......
22	Depreciation, depletion, and amortization .....	371,199		371,199
23	Insurance ..............	72,407	26,218	46,189
24	Other expenses. Itemize expenses not covered above (List miscellaneous expenses in line 24e. If line 24e amount exceeds 10% of line 25, column (A) amount, list line 24e expenses on Schedule O.)
a	TRAINING PROGRAM (FACIL	1,513,378	1,479,602	33,776
b	TRAVEL/TRAINING SESSION	797,769	723,817	73,952
c	FEES	61	31	30
d
e	All other expenses
25	Total functional expenses. Add lines 1 through 24e	13,004,592	9,844,909	3,159,683	0
26	Joint costs. Complete this line only if the organization reported in column (B) joint costs from a combined educational campaign and fundraising solicitation. Check here if following SOP 98-2 (ASC 958-720).

Part X Balance Sheet Check if Schedule O contains a response or note to any line in this Part X ..............
	1	Cash–non-interest-bearing .............	69,037	1	179,196
2	Savings and temporary cash investments .........	12,303,433	2	11,058,166
3	Pledges and grants receivable, net ...........		3
4	Accounts receivable, net .............		4
5	Loans and other receivables from current and former officers, directors, trustees, key employees, and highest compensated employees. Complete Part II of Schedule L ..................
			5
6	Loans and other receivables from other disqualified persons (as defined under section 4958(f)(1)), persons described in section 4958(c)(3)(B), and contributing employers and sponsoring organizations of section 501(c)(9) voluntary employees' beneficiary organizations (see instructions) Complete Part II of Schedule L
			6
7	Notes and loans receivable, net .............		7
8	Inventories for sale or use ..............		8
9	Prepaid expenses and deferred charges ..........	275,539	9	364,247
10a	Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D	10a	2,345,699
b	Less: accumulated depreciation .....	10b	441,165	116,107	10c	1,904,534
11	Investments—publicly traded securities ..........		11
12	Investments—other securities. See Part IV, line 11 .....	3,087,448	12	2,617,685
13	Investments—program-related. See Part IV, line 11 .....		13
14	Intangible assets ...............		14
15	Other assets. See Part IV, line 11 ...........		15
16	Total assets. Add lines 1 through 15 (must equal line 34)......	15,851,564	16	16,123,828
	17	Accounts payable and accrued expenses .........		17
18	Grants payable .................		18
19	Deferred revenue ................		19
20	Tax-exempt bond liabilities .............		20
21	Escrow or custodial account liability. Complete Part IV of Schedule D..		21
22	Loans and other payables to current and former officers, directors, trustees, key employees, highest compensated employees, and disqualified
	persons. Complete Part II of Schedule L..........		22
23	Secured mortgages and notes payable to unrelated third parties ..		23
24	Unsecured notes and loans payable to unrelated third parties ....		24
25	Other liabilities (including federal income tax, payables to related third parties, and other liabilities not included on lines 17-24). Complete Part X of Schedule D....................	573,712	25	1,079,550
26	Total liabilities. Add lines 17 through 25.........	573,712	26	1,079,550
		Organizations that follow SFAS 117 (ASC 958), check here and complete lines 27 through 29, and lines 33 and 34.
27	Unrestricted net assets ..............	15,277,852	27	15,044,278
28	Temporarily restricted net assets ...........		28
29	Permanently restricted net assets ...........		29
	Organizations that do not follow SFAS 117 (ASC 958), check here and complete lines 30 through 34.
30	Capital stock or trust principal, or current funds ........		30
31	Paid-in or capital surplus, or land, building or equipment fund .....		31
32	Retained earnings, endowment, accumulated income, or other funds		32
33	Total net assets or fund balances ...........	15,277,852	33	15,044,278
34	Total liabilities and net assets/fund balances ........	15,851,564	34	16,123,828

- TIN:

SCHEDULE A
(Form 990 or 990EZ)

Department of the Treasury
Internal Revenue Service

Public Charity Status and Public Support

Complete if the organization is a section 501(c)(3) organization or a section 4947(a)(1) nonexempt charitable trust.
right arrow

Attach to Form 990 or Form 990-EZ.
right arrow

Information about Schedule A (Form 990 or 990-EZ) and its instructions is at www.irs.gov/form990.

OMB No. 1545-0047

2014

Open to Public
Inspection

Name of the organization

BROAD CENTER FOR MANAGEMENT OF SCHOOL SYSTEMS

Employer identification number

20-2692176

Part I

Reason for Public Charity Status (All organizations must complete this part.) See instructions.

The organization is not a private foundation because it is: (For lines 1 through 11, check only one box.)

A church, convention of churches, or association of churches described in section 170(b)(1)(A)(i).

A school described in section 170(b)(1)(A)(ii). (Attach Schedule E.)

A hospital or a cooperative hospital service organization described in section 170(b)(1)(A)(iii).

A medical research organization operated in conjunction with a hospital described in section 170(b)(1)(A)(iii). Enter the hospital's name, city, and state:

An organization operated for the benefit of a college or university owned or operated by a governmental unit described in

section 170(b)(1)(A)(iv). (Complete Part II.)

A federal, state, or local government or governmental unit described in section 170(b)(1)(A)(v).

An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi). (Complete Part II.)

A community trust described in section 170(b)(1)(A)(vi). (Complete Part II.)

An organization that normally receives: (1) more than 331/3% of its support from contributions, membership fees, and gross

receipts from activities related to its exempt functions—subject to certain exceptions, and (2) no more than 331/3% of

its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses

acquired by the organization after June 30, 1975. See section 509(a)(2). (Complete Part III.)

An organization organized and operated exclusively to test for public safety. See section 509(a)(4).

An organization organized and operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes of one or more publicly supported organizations described in section 509(a)(1) or section 509(a)(2). See section 509(a)(3). Check the box in lines 11a through 11d that describes the type of supporting organization and complete lines 11e, 11f, and 11g.

Type I. A supporting organization operated, supervised, or controlled by its supported organization(s), typically by giving the supported organization(s) the power to regularly appoint or elect a majority of the directors or trustees of the supporting organization. You must complete Part IV, Sections A and B.

Type II. A supporting organization supervised or controlled in connection with its supported organization(s), by having control or management of the supporting organization vested in the same persons that control or manage the supported organization(s). You must complete Part IV, Sections A and C.

Type III functionally integrated. A supporting organization operated in connection with, and functionally integrated with, its supported organization(s) (see instructions). You must complete Part IV, Sections A, D, and E.

Type III non-functionally integrated. A supporting organization operated in connection with its supported organization(s) that is not functionally integrated. The organization generally must satisfy a distribution requirement and an attentiveness requirement (see instructions). You must complete Part IV, Sections A and D, and Part V.

Check this box if the organization received a written determination from the IRS that it is a Type I, Type II, Type III functionally integrated, or Type III non-functionally integrated supporting organization.

Enter the number of supported organizations .............................

Provide the following information about the supported organization(s).

(i)Name of supported organization	(ii) EIN	(iv) Is the organization listed in your governing document?		(v) Amount of monetary support (see instructions)	(vi) Amount of other support (see instructions)
(i)Name of supported organization	(ii) EIN	Yes	No	(v) Amount of monetary support (see instructions)	(vi) Amount of other support (see instructions)


Total

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990EZ.

Cat. No. 11285F

Schedule A (Form 990 or 990-EZ) 2014

Page 2

Part II

Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi)
(Complete only if you checked the box on line 5, 7, or 8 of Part I or if the organization failed to qualify under Part III. If the organization fails to qualify under the tests listed below, please complete Part III.)

Section A. Public Support

Calendar year (or fiscal year beginning in)		(a) 2010	(b) 2011	(c) 2012	(d) 2013	(e) 2014	(f) Total
1	Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") ....
2	Tax revenues levied for the organization's benefit and either paid to or expended on its behalf.......
3	The value of services or facilities furnished by a governmental unit to the organization without charge..
4	Total. Add lines 1 through 3
5	The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included on line 1 that exceeds 2% of the amount shown on line 11, column (f)..
6	Public support. Subtract line 5 from line 4.

Section B. Total Support

Calendar year (or fiscal year beginning in)		(a) 2010	(b) 2011	(c) 2012	(d) 2013	(e) 2014	(f) Total
7	Amounts from line 4..
8	Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources...
9	Net income from unrelated business activities, whether or not the business is regularly carried on..
10	Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.)..
11	Total support Add lines 7 through 10.

Gross receipts from related activities, etc. (see instructions) ..................

First five years. If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a section 501(c)(3) organization, check this box and stop here........................................ right arrow

Section C. Computation of Public Support Percentage

Public support percentage for 2014 (line 6, column (f) divided by line 11, column (f)) .........

Public support percentage for 2013 Schedule A, Part II, line 14 ...............

16a

33 1/3% support test—2014. If the organization did not check the box on line 13, and line 14 is 33 1/3% or more, check this box
and stop here. The organization qualifies as a publicly supported organization ....................... right arrow

33 1/3% support test—2013. If the organization did not check a box on line 13 or 16a, and line 15 is 33 1/3% or more, check this
box and stop here. The organization qualifies as a publicly supported organization ..................... right arrow

17a

10%-facts-and-circumstances test—2014. If the organization did not check a box on line 13, 16a, or 16b, and line 14
is 10% or more, and if the organization meets the "facts-and-circumstances" test, check this box and stop here. Explain
in Part VI how the organization meets the "facts-and-circumstances" test. The organization qualifies as a publicly supported
organization ..................................................... right arrow

10%-facts-and-circumstances test—2013. If the organization did not check a box on line 13, 16a, 16b, or 17a, and line
15 is 10% or more, and if the organization meets the "facts-and-circumstances" test, check this box and stop here.
Explain in Part VI how the organization meets the "facts-and-circumstances" test. The organization qualifies as a publicly
supported organization ................................................ right arrow

Private foundation. If the organization did not check a box on line 13, 16a, 16b, 17a, or 17b, check this box and see
instructions ..................................................... right arrow

Schedule A (Form 990 or 990-EZ) 2014

Page 3

Part III

Support Schedule for Organizations Described in Section 509(a)(2)
(Complete only if you checked the box on line 9 of Part I or if the organization failed to qualify under Part II. If the organization fails to qualify under the tests listed below, please complete Part II.)

Section A. Public Support

Calendar year (or fiscal year beginning in)		(a) 2010	(b) 2011	(c) 2012	(d) 2013	(e) 2014	(f) Total
1	Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") .
2	Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose......
3	Gross receipts from activities that are not an unrelated trade or business under section 513..
4	Tax revenues levied for the organization's benefit and either paid to or expended on its behalf...
5	The value of services or facilities furnished by a governmental unit to the organization without charge..
6	Total. Add lines 1 through 5.
7a	Amounts included on lines 1, 2, and 3 received from disqualified persons...
b	Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year.
c	Add lines 7a and 7b..
8	Public support (Subtract line 7c from line 6.)

Section B. Total Support

Calendar year (or fiscal year beginning in)		(a) 2010	(b) 2011	(c) 2012	(d) 2013	(e) 2014	(f) Total
9	Amounts from line 6...
10a	Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources..
b	Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975.
c	Add lines 10a and 10b.
11	Net income from unrelated business activities not included in line 10b, whether or not the business is regularly carried on.
12	Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.) ..
13	Total support. (Add lines 9, 10c, 11, and 12.)..

First five years. If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a section 501(c)(3) organization,
check this box and stop here............................................. right arrow

Section C. Computation of Public Support Percentage

Public support percentage for 2014 (line 8, column (f) divided by line 13, column (f)) .........

Public support percentage from 2013 Schedule A, Part III, line 15 ...............

Section D. Computation of Investment Income Percentage

Investment income percentage for 2014 (line 10c, column (f) divided by line 13, column (f)) ......

Investment income percentage from 2013 Schedule A, Part III, line 17 .............

19a

33 1/3% support tests—2014. If the organization did not check the box on line 14, and line 15 is more than 33 1/3%, and line 17 is not more than 33 1/3%, check this box and stop here. The organization qualifies as a publicly supported organization ....... right arrow

33 1/3% support tests—2013. If the organization did not check a box on line 14 or line 19a, and line 16 is more than 33 1/3% and line 18 is not more than 33 1/3%, check this box and stop here. The organization qualifies as a publicly supported organization .... right arrow

Private foundation. If the organization did not check a box on line 14, 19a, or 19b, check this box and see instructions .... right arrow

Schedule A (Form 990 or 990-EZ) 2014

Page 4

Part IV

Supporting Organizations

(Complete only if you checked a box on line 11 of Part I. If you checked 11a of Part I, complete Sections A and B. If you checked 11b of Part I, complete Sections A and C. If you checked 11c of Part I, complete Sections A, D, and E. If you checked 11d of Part I, complete Sections A and D, and complete Part V.)

Section A. All Supporting Organizations

Yes

Are all of the organization’s supported organizations listed by name in the organization’s governing documents?
If "No," describe in Part VI how the supported organizations are designated. If designated by class or purpose,
describe the designation. If historic and continuing relationship, explain.

Did the organization have any supported organization that does not have an IRS determination of status under section 509(a)(1) or (2)? If "Yes," explain in Part VI how the organization determined that the supported organization was described in section 509(a)(1) or (2).

Did the organization have a supported organization described in section 501(c)(4), (5), or (6)? If "Yes," answer (b) and (c) below.

Did the organization confirm that each supported organization qualified under section 501(c)(4), (5), or (6) and satisfied the public support tests under section 509(a)(2)? If "Yes," describe in Part VI when and how the organization made the determination.

Did the organization ensure that all support to such organizations was used exclusively for section 170(c)(2)(B) purposes? If "Yes," explain in Part VI what controls the organization put in place to ensure such use.

Was any supported organization not organized in the United States ("foreign supported organization")? If “Yes” and if you checked 11a or 11b in Part I, answer (b) and (c) below.

Did the organization have ultimate control and discretion in deciding whether to make grants to the foreign supported organization? If “Yes,” describe in Part VI how the organization had such control and discretion despite being controlled or supervised by or in connection with its supported organizations....

Did the organization support any foreign supported organization that does not have an IRS determination under sections 501(c)(3) and 509(a)(1) or (2)? If “Yes,” explain in Part VI what controls the organization used to ensure that all support to the foreign supported organization was used exclusively for section 170(c)(2)(B) purposes.

Did the organization add, substitute, or remove any supported organizations during the tax year? If “Yes,” answer (b) and (c) below (if applicable). Also, provide detail in Part VI, including (i) the names and EIN numbers of the supported organizations added, substituted, or removed, (ii) the reasons for each such action, (iii) the authority under the organization's organizing document authorizing such action, and (iv) how the action was accomplished (such as by amendment to the organizing document).

Type I or Type II only. Was any added or substituted supported organization part of a class already designated in the organization's organizing document?

Substitutions only. Was the substitution the result of an event beyond the organization's control?

Did the organization provide support (whether in the form of grants or the provision of services or facilities) to anyone other than (a) its supported organizations; (b) individuals that are part of the charitable class benefited by one or more of its supported organizations; or (c) other supporting organizations that also support or benefit one or more of the filing organization’s supported organizations? If “Yes,” provide detail in Part VI.

Did the organization provide a grant, loan, compensation, or other similar payment to a substantial contributor (defined in IRC 4958(c)(3)(C)), a family member of a substantial contributor, or a 35-percent controlled entity with regard to a substantial contributor? If “Yes,” complete Part I of Schedule L (Form 990) .

Did the organization make a loan to a disqualified person (as defined in section 4958) not described in line 7? If “Yes,” complete Part II of Schedule L (Form 990).

Was the organization controlled directly or indirectly at any time during the tax year by one or more disqualified persons as defined in section 4946 (other than foundation managers and organizations described in section 509(a)(1) or (2))? If “Yes,” provide detail in Part VI.

Did one or more disqualified persons (as defined in line 9(a)) hold a controlling interest in any entity in which the supporting organization had an interest? If “Yes,” provide detail in Part VI.

Did a disqualified person (as defined in line 9(a)) have an ownership interest in, or derive any personal benefit from, assets in which the supporting organization also had an interest? If “Yes,” provide detail in Part VI.

10a

Was the organization subject to the excess business holdings rules of IRC 4943 because of IRC 4943(f) (regarding certain Type II supporting organizations, and all Type III non-functionally integrated supporting organizations)? If “Yes,” answer b below.

10a

Did the organization have any excess business holdings in the tax year? (Use Schedule C, Form 4720, to determine whether the organization had excess business holdings).

10b

Has the organization accepted a gift or contribution from any of the following persons?

A person who directly or indirectly controls, either alone or together with persons described in (b) and (c) below, the governing body of a supported organization?

11a

A family member of a person described in (a) above?

11b

A 35% controlled entity of a person described in (a) or (b) above? If “Yes” to a, b, or c, provide detail in Part VI.

11c

Schedule A (Form 990 or 990-EZ) 2014

Page 5

Part IV

Supporting Organizations (continued)

Section B. Type I Supporting Organizations

Yes

Did the directors, trustees, or membership of one or more supported organizations have the power to regularly appoint or elect at least a majority of the organization’s directors or trustees at all times during the tax year? If “No,” describe in Part VI how the supported organization(s) effectively operated, supervised, or controlled the organization’s activities. If the organization had more than one supported organization, describe how the powers to appoint and/or remove directors or trustees were allocated among the supported organizations and what conditions or restrictions, if any, applied to such powers during the tax year.

Did the organization operate for the benefit of any supported organization other than the supported organization(s) that operated, supervised, or controlled the supporting organization? If “Yes,” explain in Part VI how providing such benefit carried out the purposes of the supported organization(s) that operated, supervised or controlled the supporting organization.

Section C. Type II Supporting Organizations

Yes

Were a majority of the organization’s directors or trustees during the tax year also a majority of the directors or trustees of each of the organization’s supported organization(s)? If “No,” describe in Part VI how control or management of the supporting organization was vested in the same persons that controlled or managed the supported organization(s).

Section D. All Type III Supporting Organizations

Yes

Did the organization provide to each of its supported organizations, by the last day of the fifth month of the organization’s tax year, (1) a written notice describing the type and amount of support provided during the prior tax year, (2) a copy of the Form 990 that was most recently filed as of the date of notification, and (3) copies of the organization’s governing documents in effect on the date of notification, to the extent not previously provided?

Were any of the organization’s officers, directors, or trustees either (i) appointed or elected by the supported organization(s) or (ii) serving on the governing body of a supported organization? If "No," explain in Part VI how the organization maintained a close and continuous working relationship with the supported organization(s).

By reason of the relationship described in (2), did the organization’s supported organizations have a significant voice in the organization’s investment policies and in directing the use of the organization’s income or assets at all times during the tax year? If "Yes," describe in Part VI the role the organization’s supported organizations played in this regard.

Section E. Type III Functionally-Integrated Supporting Organizations

Check the box next to the method that the organization used to satisfy the Integral Part Test during the year (see instructions):

The organization satisfied the Activities Test. Complete line 2 below.

The organization is the parent of each of its supported organizations. Complete line 3 below.

The organization supported a governmental entity. Describe in Part VI how you supported a government entity (see instructions)

Activities Test. Answer (a) and (b) below.

Yes

Did substantially all of the organization’s activities during the tax year directly further the exempt purposes of the supported organization(s) to which the organization was responsive? If "Yes," then in Part VI identify those supported organizations and explain how these activities directly furthered their exempt purposes, how the organization was responsive to those supported organizations, and how the organization determined that these activities constituted substantially all of its activities.

Did the activities described in (a) constitute activities that, but for the organization’s involvement, one or more of the organization’s supported organization(s) would have been engaged in? If "Yes," explain in Part VI the reasons for the organization’s position that its supported organization(s) would have engaged in these activities but for the organization’s involvement.

Parent of Supported Organizations. Answer (a) and (b) below.

Did the organization have the power to regularly appoint or elect a majority of the officers, directors, or trustees of each of the supported organizations? Provide details in Part VI.

Did the organization exercise a substantial degree of direction over the policies, programs and activities of each of its supported organizations? If "Yes," describe in Part VI the role played by the organization in this regard.

Schedule A (Form 990 or 990-EZ) 2014

Page 6

Part V – Type III Non-Functionally Integrated 509(a)(3) Supporting Organizations

1. Check here if the organization satisfied the Integral Part Test as a qualifying trust on Nov. 20, 1970. See instructions. All other Type III non-functionally integrated supporting organizations must complete Sections A through E.

	Section A - Adjusted Net Income		(A) Prior Year	(B) Current Year (optional)
1	Net short-term capital gain	1
2	Recoveries of prior-year distributions	2
3	Other gross income (see instructions)	3
4	Add lines 1 through 3	4
5	Depreciation and depletion	5
6	Portion of operating expenses paid or incurred for production or collection of gross income or for management, conservation, or maintenance of property held for production of income (see instructions)	6
7	Other expenses (see instructions)	7
8	Adjusted Net Income (subtract lines 5, 6 and 7 from line 4)	8

	Section B - Minimum Asset Amount		(A) Prior Year	(B) Current Year (optional)
1	Aggregate fair market value of all non-exempt-use assets (see instructions for short tax year or assets held for part of year):	1
a	Average monthly value of securities	1a
b	Average monthly cash balances	1b
c	Fair market value of other non-exempt-use assets	1c
d	Total (add lines 1a, 1b, and 1c)	1d
e	Discount claimed for blockage or other factors (explain in detail in Part VI):
2	Acquisition indebtedness applicable to non-exempt use assets	2
3	Subtract line 2 from line 1d	3
4	Cash deemed held for exempt use. Enter 1-1/2% of line 3 (for greater amount, see instructions).	4
5	Net value of non-exempt-use assets (subtract line 4 from line 3)	5
6	Multiply line 5 by .035	6
7	Recoveries of prior-year distributions	7
8	Minimum Asset Amount (add line 7 to line 6)	8

	Section C - Distributable Amount		Current Year
1	Adjusted net income for prior year (from Section A, line 8, Column A)	1
2	Enter 85% of line 1	2
3	Minimum asset amount for prior year (from Section B, line 8, Column A)	3
4	Enter greater of line 2 or line 3	4
5	Income tax imposed in prior year	5
6	Distributable Amount. Subtract line 5 from line 4, unless subject to emergency temporary reduction (see instructions)	6
7	Check here if the current year is the organization's first as a non-functionally-integrated Type III supporting organization (see instructions)

Schedule A (Form 990 or 990-EZ) 2014

Page 7

Section D - Distributions		Current Year
1 Amounts paid to supported organizations to accomplish exempt purposes
2 Amounts paid to perform activity that directly furthers exempt purposes of supported organizations, in excess of income from activity
3 Administrative expenses paid to accomplish exempt purposes of supported organizations
4 Amounts paid to acquire exempt-use assets
5 Qualified set-aside amounts (prior IRS approval required)
6 Other distributions (describe in Part VI). See instructions
7Total annual distributions. Add lines 1 through 6.
8 Distributions to attentive supported organizations to which the organization is responsive (provide details in Part VI). See instructions
9 Distributable amount for 2014 from Section C, line 6
10 Line 8 amount divided by Line 9 amount

Section E - Distribution Allocations (see instructions)		(i) Excess Distributions	(ii) Underdistributions Pre-2014	(iii) Distributable Amount for 2014
1 Distributable amount for 2014 from Section C, line 6
2 Underdistributions, if any, for years prior to 2014 (reasonable cause required--see instructions)
3 Excess distributions carryover, if any, to 2014:
a From 2009.......X
b From 2010.......X
c From 2011.......X
d From 2012.......X
e From 2013.......
fTotal of lines 3a through e
g Applied to underdistributions of prior years
h Applied to 2014 distributable amount
i Carryover from 2009 not applied (see instructions)
j Remainder. Subtract lines 3g, 3h, and 3i from 3f.
4Distributions for 2014 from Section D, line 7:
$
a Applied to underdistributions of prior years
b Applied to 2014 distributable amount
c Remainder. Subtract lines 4a and 4b from 4.
5 Remaining underdistributions for years prior to 2014, if any. Subtract lines 3g and 4a from line 2 (if amount greater than zero, see instructions)
6 Remaining underdistributions for 2014. Subtract lines 3h and 4b from line 1 (if amount greater than zero, see instructions)
7 Excess distributions carryover to 2015. Add lines 3j and 4c.
8 Breakdown of line 7:
a From 2010.......X
b From 2011.......X
c From 2012.......X
d From 2013.......
e From 2014.......

Schedule A (Form 990 or 990-EZ) (2014)

Schedule A (Form 990 or 990-EZ) 2014

Page 8

Part VI

Supplemental Information. Provide the explanations required by Part II, line 10; Part II, line 17a or 17b; Part III, line 12; Part IV, Section A, lines 1, 2, 3b, 3c, 4b, 4c, 5a, 6, 9a, 9b, 9c, 11a, 11b, and 11c; Part IV, Section B, lines 1 and 2; Part IV, Section C, line 1; Part IV, Section D, lines 2 and 3; Part IV, Section E, lines 1c, 2a, 2b, 3a and 3b; Part V, line 1; Part V, Section B, line 1e; Part V Section D, lines 5, 6, and 8; and Part V, Section E, lines 2, 5, and 6. Also complete this part for any additional information. (See instructions).

Facts And Circumstances Test

Return Reference	Explanation

Schedule A (Form 990 or 990-EZ) 2014

Additional Data

Software ID:
Software Version:

- TIN:

Schedule B
(Form 990, 990-EZ,
or 990-PF)

Department of the Treasury
Internal Revenue Service

Schedule of Contributors

Attach to Form 990, 990-EZ, or 990-PF.

Information about Schedule B (Form 990, 990-EZ, or 990-PF) and its instructions is at www.irs.gov/form990.

OMB No. 1545-0047

2014

Name of the organization

BROAD CENTER FOR MANAGEMENT OF SCHOOL SYSTEMS

Employer identification number

20-2692176

Organization type (check one):

Filers of:

Section:

Form 990 or 990-EZ

501(c)( ) (enter number) organization

4947(a)(1) nonexempt charitable trust not treated as a private foundation

527 political organization

Form 990-PF

501(c)(3) exempt private foundation

4947(a)(1) nonexempt charitable trust treated as a private foundation

501(c)(3) taxable private foundation

Check if your organization is covered by the General Rule or a Special Rule.
Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.

General Rule

For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or
property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.

Special Rules

For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 33¹/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.

For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.

For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Do not complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... Arrow Bullet

Caution. An organization that is not covered by the General Rule and/or the Special Rules does not file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its
Form 990-EZ or on its Form 990PF, Part I, line 2, to certify that it does not meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).

For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.

Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2014)

Schedule B (Form 990, 990-EZ, or 990-PF) (2014)

Page 2

Name of organization BROAD CENTER FOR MANAGEMENT OF SCHOOL SYSTEMS

Part I	Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
RESTRICTED	,	$RESTRICTED	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
Schedule B (Form 990, 990-EZ, or 990-PF) (2014)

Schedule B (Form 990, 990-EZ, or 990-PF) (2014)

Page 3

Name of organization BROAD CENTER FOR MANAGEMENT OF SCHOOL SYSTEMS

Part II	Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions)	(d) Date received
		$
Schedule B (Form 990, 990-EZ, or 990-PF) (2014)

Schedule B (Form 990, 990-EZ, or 990-PF) (2014)

Page 4

Name of organization
BROAD CENTER FOR MANAGEMENT OF SCHOOL SYSTEMS

Employer identification number

20-2692176

Part III

Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10)
that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet

$
Use duplicate copies of Part III if additional space is needed.

(a) No.
from
Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a) No.
from
Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a) No.
from
Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a) No.
from
Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

Schedule B (Form 990, 990-EZ, or 990-PF) (2014)

Additional Data

Software ID:
Software Version:

- TIN:

SCHEDULE D
(Form 990)

Department of the Treasury
Internal Revenue Service

Supplemental Financial Statements

Complete if the organization answered "Yes," to Form 990,
Part IV, line 6, 7, 8, 9, 10, 11a, 11b, 11c, 11d, 11e, 11f, 12a, or 12b.
SchDMd Bullet

Attach to Form 990.
Information about Schedule D (Form 990) and its instructions is at www.irs.gov/form990.

OMB No. 1545-0047

2014

Open to Public Inspection

Name of the organization

BROAD CENTER FOR MANAGEMENT OF SCHOOL SYSTEMS

Employer identification number

20-2692176

Part I

Organizations Maintaining Donor Advised Funds or Other Similar Funds or Accounts. Complete if the organization answered "Yes" to Form 990, Part IV, line 6.

		(a) Donor advised funds	(b) Funds and other accounts
1	Total number at end of year .........
2	Aggregate value of contributions to (during year)
3	Aggregate value of grants from (during year)
4	Aggregate value at end of year ........

Did the organization inform all donors and donor advisors in writing that the assets held in donor advised
funds are the organization's property, subject to the organization's exclusive legal control? ............

Yes No

Did the organization inform all grantees, donors, and donor advisors in writing that grant funds can be
used only for charitable purposes and not for the benefit of the donor or donor advisor, or for any other purpose conferring impermissible private benefit? ...................................

Yes No

Part II

Conservation Easements. Complete if the organization answered "Yes" to Form 990, Part IV, line 7.

Purpose(s) of conservation easements held by the organization (check all that apply).

Preservation of land for public use (e.g., recreation or education) Preservation of an historically important land area

Protection of natural habitat Preservation of a certified historic structure

Preservation of open space

Complete lines 2a through 2d if the organization held a qualified conservation contribution in the form of a conservation easement on the last day of the tax year.


a	Total number of conservation easements .......................	2a
b	Total acreage restricted by conservation easements ..................	2b
c	Number of conservation easements on a certified historic structure included in (a) .....	2c
d	Number of conservation easements included in (c) acquired after 8/17/06, and not on a historic structure listed in the National Register ....................	2d

Number of conservation easements modified, transferred, released, extinguished, or terminated by the organization during
the tax year SchDMd Bullet

Number of states where property subject to conservation easement is located SchDMd Bullet

Does the organization have a written policy regarding the periodic monitoring, inspection, handling of violations, and
enforcement of the conservation easements it holds? .............................

Yes No

Staff and volunteer hours devoted to monitoring, inspecting, and enforcing conservation easements during the year
SchDMd Bullet

Amount of expenses incurred in monitoring, inspecting, and enforcing conservation easements during the year
SchDMd Bullet

Does each conservation easement reported on line 2(d) above satisfy the requirements of section 170(h)(4)(B)(i) and section 170(h)(4)(B)(ii)? .......................................

Yes No

In Part XIII, describe how the organization reports conservation easements in its revenue and expense statement, and
balance sheet, and include, if applicable, the text of the footnote to the organization’s financial statements that describes
the organization’s accounting for conservation easements.

Part III

Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets.
Complete if the organization answered "Yes" to Form 990, Part IV, line 8.

If the organization elected, as permitted under SFAS 116 (ASC 958), not to report in its revenue statement and balance sheet works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide, in Part XIII, the text of the footnote to its financial statements that describes these items.

If the organization elected, as permitted under SFAS 116 (ASC 958), to report in its revenue statement and balance sheet works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide the following amounts relating to these items:

(i)

Revenue included in Form 990, Part VIII, line 1 ........................ SchDMd Bullet

(ii)

Assets included in Form 990, Part X .............................. SchDMd Bullet

If the organization received or held works of art, historical treasures, or other similar assets for financial gain, provide the
following amounts required to be reported under SFAS 116 (ASC 958) relating to these items:

Revenue included in Form 990, Part VIII, line 1 .......................... SchDMd Bullet

Assets included in Form 990, Part X ............................... SchDMd Bullet

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 52283D

Schedule D (Form 990) 2014

Page 2

Part III

Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets (continued)

Using the organization’s acquisition, accession, and other records, check any of the following that are a significant use of its collection items (check all that apply):

Public exhibition

Loan or exchange programs

Scholarly research

Other

Preservation for future generations

Provide a description of the organization’s collections and explain how they further the organization’s exempt purpose in
Part XIII.

During the year, did the organization solicit or receive donations of art, historical treasures or other similar
assets to be sold to raise funds rather than to be maintained as part of the organization’s collection?........

Yes No

Part IV

Escrow and Custodial Arrangements. Complete if the organization answered "Yes" to Form 990,
Part IV, line 9, or reported an amount on Form 990, Part X, line 21.

Is the organization an agent, trustee, custodian or other intermediary for contributions or other assets not
included on Form 990, Part X? ....................................

Yes No

If "Yes," explain the arrangement in Part XIII and complete the following table:


c	Beginning balance .................................	1c
d	Additions during the year ..............................	1d
e	Distributions during the year .............................	1e
f	Ending balance ...................................	1f

Did the organization include an amount on Form 990, Part X, line 21, for escrow or custodial account liability?

Yes No

If "Yes," explain the arrangement in Part XIII. Check here if the explanation has been provided in Part XIII .......

Part V

Endowment Funds. Complete if the organization answered "Yes" to Form 990, Part IV, line 10.

		(a)Current year	(b)Prior year	b (c)Two years back	(d)Three years back	(e)Four years back
1a	Beginning of year balance ....
b	Contributions ........
c	Net investment earnings, gains, and losses
d	Grants or scholarships .....
e	Other expenditures for facilities and programs ........
f	Administrative expenses ....
g	End of year balance ......

Provide the estimated percentage of the current year end balance (line 1g, column (a)) held as:

Board designated or quasi-endowment SchDMd Bullet

Permanent endowment SchDMd Bullet

Temporarily restricted endowment SchDMd Bullet

The percentages in lines 2a, 2b, and 2c should equal 100%.

Are there endowment funds not in the possession of the organization that are held and administered for the
organization by:

Yes

(i) unrelated organizations ........................

3a(i)

(ii) related organizations ........................

3a(ii)

If "Yes" to 3a(ii), are the related organizations listed as required on Schedule R? .........

Describe in Part XIII the intended uses of the organization's endowment funds.

Part VI

Land, Buildings, and Equipment. Complete if the organization answered 'Yes' to Form 990, Part IV, line 11a. See Form 990, Part X, line 10.

Description of property		(b)Cost or other basis (other)	(c) Accumulated depreciation	(d) Book value
1a	Land .................
b	Buildings ................
c	Leasehold improvements ............	1,660,852	270,470	1,390,382
d	Equipment ................	290,845	114,409	176,436
e	Other .................	394,002	56,286	337,716
Total. Add lines 1a through 1e. (Column (d) must equal Form 990, Part X, column (B), line 10(c).).......				1,904,534

Schedule D (Form 990) 2014

Page 3

Part VII

InvestmentsOther Securities. Complete if the organization answered 'Yes' to Form 990, Part IV, line 11b. See Form 990, Part X, line 12.

(a) Description of security or category (including name of security)	(b)Book value	(c) Method of valuation: Cost or end-of-year market value
(1)Financial derivatives
(2)Closely-held equity interests
(3)Other (A) DRAWBRIDGE SPECIAL OPP FUND, LP	2,617,685	F








Total. (Column (b) must equal Form 990, Part X, col. (B) line 12.)	2,617,685

Part VIII

InvestmentsProgram Related. Complete if the organization answered 'Yes' to Form 990, Part IV, line 11c. See Form 990, Part X, line 13.

(a) Description of investment		(b) Book value	(c) Method of valuation: Cost or end-of-year market value









Total. (Column (b) must equal Form 990, Part X, col.(B) line 13.)

Part IX

Other Assets. Complete if the organization answered 'Yes' to Form 990, Part IV, line 11d. See Form 990, Part X, line 15.

(a) Description				(b) Book value









Total. (Column (b) must equal Form 990, Part X, col.(B) line 15.)...........

Part X

Other Liabilities. Complete if the organization answered 'Yes' to Form 990, Part IV, line 11e or 11f. See Form 990, Part X, line 25.

1.(a) Description of liability		(b) Book value
Federal income taxes
ACCRUED LIABILITIES		513,030
PAYROLL AND BENEFIT PLAN LIABILITY		101,649
DEFERRED RENT CREDIT		464,871






Total. (Column (b) must equal Form 990, Part X, col.(B) line 25.)		1,079,550
2. Liability for uncertain tax positions. In Part XIII, provide the text of the footnote to the organization's financial statements that reports the organization's liability for uncertain tax positions under FIN 48 (ASC 740). Check here if the text of the footnote has been provided in Part XIII

Schedule D (Form 990) 2014

Page 4

Part XI Reconciliation of Revenue per Audited Financial Statements With Revenue per Return Complete if the organization answered 'Yes' to Form 990, Part IV, line 12a.
1	Total revenue, gains, and other support per audited financial statements .......			1	12,511,600
2	Amounts included on line 1 but not on Form 990, Part VIII, line 12:
a	Net unrealized gains (losses) on investments ....	2a	-1,178,885
b	Donated services and use of facilities .........	2b
c	Recoveries of prior year grants ...........	2c
d	Other (Describe in Part XIII.) ............	2d	-181,075
e	Add lines 2a through 2d .....................			2e	-1,359,960
3	Subtract line 2e from line 1.....................			3	13,871,560
4	Amounts included on Form 990, Part VIII, line 12, but not on line 1:
a	Investment expenses not included on Form 990, Part VIII, line 7b .	4a
b	Other (Describe in Part XIII.) ...........	4b
c	Add lines 4a and 4b.......................			4c	0
5	Total revenue. Add lines 3 and 4c. (This must equal Form 990, Part I, line 12.) ......			5	13,871,560

Part XII Reconciliation of Expenses per Audited Financial Statements With Expenses per Return. Complete if the organization answered 'Yes' to Form 990, Part IV, line 12a.
1	Total expenses and losses per audited financial statements ...........			1	12,745,174
2	Amounts included on line 1 but not on Form 990, Part IX, line 25:
a	Donated services and use of facilities ..........	2a
b	Prior year adjustments ..............	2b
c	Other losses ................	2c
d	Other (Describe in Part XIII.) ............	2d	-259,418
e	Add lines 2a through 2d......................			2e	-259,418
3	Subtract line 2e from line 1.....................			3	13,004,592
4	Amounts included on Form 990, Part IX, line 25, but not on line 1:
a	Investment expenses not included on Form 990, Part VIII, line 7b ..	4a
b	Other (Describe in Part XIII.) ............	4b
c	Add lines 4a and 4b.......................			4c	0
5	Total expenses. Add lines 3 and 4c. (This must equal Form 990, Part I, line 18.) ......			5	13,004,592

Part XIII

Supplemental Information

Provide the descriptions required for Part II, lines 3, 5, and 9; Part III, lines 1a and 4; Part lV, lines 1b and 2b;
Part V, line 4; Part X, line 2; Part XI, lines 2d and 4b; and Part XII, lines 2d and 4b. Also complete this part to provide any additional information.

Return Reference	Explanation
PART XI, LINE 2D - OTHER ADJUSTMENTS:	PARTNERSHIP PASS THROUGH INCOME
PART XII, LINE 2D - OTHER ADJUSTMENTS:	UNRELATED BUSINESS INCOME TAX REFUND

Schedule D (Form 990) 2014

Additional Data

Software ID:
Software Version:

- TIN:

SCHEDULE E(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service

Schools

Complete if the organization answered "Yes" to Form 990,
Part IV, line 13, or Form 990-EZ, Part VI, line 48.
Right pointing arrow large image

Attach to Form 990 or Form 990-EZ.
Right pointing arrow large image

Information about Schedule E (Form 990 or 990-EZ) and its instructions is at www.irs.gov/form990.

OMB No. 1545-0047 2014Open to Public Inspection

Name of the organization

BROAD CENTER FOR MANAGEMENT OF SCHOOL SYSTEMS

Employer identification number

20-2692176

Part I

YES

Does the organization have a racially nondiscriminatory policy toward students by statement in its charter, bylaws,

other governing instrument, or in a resolution of its governing body? ......................

Yes

Does the organization include a statement of its racially nondiscriminatory policy toward students in all its

brochures, catalogues, and other written communications with the public dealing with student admissions,

programs, and scholarships? ......................................

Yes

Has the organization publicized its racially nondiscriminatory policy through newspaper or broadcast media during

the period of solicitation for students, or during the registration period if it has no solicitation program, in a way

that makes the policy known to all parts of the general community it serves? If "Yes," please describe. If "No,"

please explain. If you need more space use Part II. .............................

Yes

Does the organization maintain the following?

Records indicating the racial composition of the student body, faculty, and administrative staff? ..........

Yes

Records documenting that scholarships and other financial assistance are awarded on a racially nondiscriminatory

basis? ...............................................

Yes

Copies of all catalogues, brochures, announcements, and other written communications to the public dealing

with student admissions, programs, and scholarships? ...........................

Yes

Copies of all material used by the organization or on its behalf to solicit contributions? ..............

Yes

If you answered "No" to any of the above, please explain. If you need more space, use Part II.

Does the organization discriminate by race in any way with respect to:

Students' rights or privileges? .....................................

Admissions policies? .........................................

Employment of faculty or administrative staff? ..............................

Scholarships or other financial assistance? ................................

Educational policies? .........................................

Use of facilities? ...........................................

Athletic programs? ..........................................

Other extracurricular activities? .....................................

If you answered "Yes" to any of the above, please explain. If you need more space, use Part II.

Does the organization receive any financial aid or assistance from a governmental agency? ...........

Has the organization's right to such aid ever been revoked or suspended? ...................

If you answered "Yes" to either line 6a or line 6b, explain on Part II.

Does the organization certify that it has complied with the applicable requirements of sections 4.01 through 4.05

of Rev. Proc. 75-50, 1975-2 C.B. 587, covering racial nondiscrimination? If "No," explain on Part II.

Yes

Paperwork Reduction Act Notice, see the Instructions for Form 990 or Form 990-EZ.

Cat. No. 50085D

Schedule E (Form 990 or 990-EZ) (2014)

Schedule E (Form 990 or 990EZ) (2014)

Page 2

Part II

Supplemental Information. Provide the explanations required by Part I, lines 3, 4d, 5h, 6b, and 7, as applicable. Also provide any other additional information (see instructions).

Return Reference	Explanation
SCHEDULE E, PART I, LINE 3	AS REQUIRED, THE ORGANIZATION PUBLISHES ITS RACIALLY NONDISCRIMINATORY POLICY ON ALL PUBLICATIONS, BROCHURES, MATERIALS AND WEBSITE FOR NATIONAL STUDENT ADMISSIONS AND PROGRAMS.

Schedule E (Form 990 or 990-EZ) (2014)

Additional Data

Software ID:
Software Version:

- TIN:

Schedule I
(Form 990)

Department of the Treasury
Internal Revenue Service

Grants and Other Assistance to Organizations,
Governments and Individuals in the United States

Complete if the organization answered "Yes," to Form 990, Part IV, line 21 or 22.
lBullet

Attach to Form 990.
lBullet

Information about Schedule I (Form 990) and its instructions is at www.irs.gov/form990.

OMB No. 1545-0047

2014

Open to Public
Inspection

Name of the organization
BROAD CENTER FOR MANAGEMENT OF SCHOOL SYSTEMS

Employer identification number
20-2692176

Part I

General Information on Grants and Assistance

Does the organization maintain records to substantiate the amount of the grants or assistance, the grantees' eligibility for the grants or assistance, and
the selection criteria used to award the grants or assistance? ....................................

Yes No

Describe in Part IV the organization's procedures for monitoring the use of grant funds in the United States.

Part II

Grants and Other Assistance to Domestic Organizations and Domestic Governments. Complete if the organization answered "Yes" to
Form 990, Part IV, line 21, for any recipient that received more than $5,000. Part II can be duplicated if additional space is needed.

(a) Name and address of organization or government	(b) EIN	(c) IRC section if applicable	(d) Amount of cash grant	(h) Purpose of grant or assistance
(1) ACHIEVEMENT FIRST BUSHWICK CHARTER SCHOOL 1485 PACIFIC ST NEW YORK,NY11216	20-5118947	501C3	46,200	FUNDING FOR HIGH LEVEL MANAGERIAL SUPPORT FOR K-12 SCHOOL SYSTEMS
(2) ACHIEVEMENT FIRST INC 1137 HERKIMER STREET BROOKLYN,NY11233	65-1203744	501C3	15,345	FUNDING FOR HIGH LEVEL MANAGERIAL SUPPORT FOR K-12 SCHOOL SYSTEMS
(3) ACHIEVEMENT SCHOOL DISTRICT 710 JAMES ROBERTSON PARKWAY NASHVILLE,TN38103	46-2487016	501C3	73,900	FUNDING FOR HIGH LEVEL MANAGERIAL SUPPORT FOR K-12 SCHOOL SYSTEMS
(4) ALLIANCE FOR COLLEGE-READY PUBLIC SCHOOLS 601 SOUTH FIGUEROA LOS ANGELES,CA90017	95-4779029	501C3	15,675	FUNDING FOR HIGH LEVEL MANAGERIAL SUPPORT FOR K-12 SCHOOL SYSTEMS
(5) BROWARD COUNTY PUBLIC SCHOOLS 600 SE THIRD AVE FORT LAUDERDALE,FL33301	59-6000530	GOVT	29,726	FUNDING FOR HIGH LEVEL MANAGERIAL SUPPORT FOR K-12 SCHOOL SYSTEMS
(6) CHARLOTTE MECKLENBURG SCHOOLS 701 EAST 2ND STREET CHARLOTTE,NC28202	56-6001074	GOVT	118,800	FUNDING FOR HIGH LEVEL MANAGERIAL SUPPORT FOR K-12 SCHOOL SYSTEMS
(7) CHICAGO INTERNATIONAL CHARTER SCHOOLS 228 SOUTH WABASH AVENUE CHICAGO,IL60604	36-4141583	501C3	29,700	FUNDING FOR HIGH LEVEL MANAGERIAL SUPPORT FOR K-12 SCHOOL SYSTEMS
(8) CHICAGO PUBLIC SCHOOLS 125 SOUTH CLARK STREET CHICAGO,IL60603	36-6005821	GOVT	172,425	FUNDING FOR HIGH LEVEL MANAGERIAL SUPPORT FOR K-12 SCHOOL SYSTEMS
(9) COLLEGIATE ACADEMIES 5552 READ BLVD NEW ORLEANS,LA70127	80-0601507	501C3	14,850	FUNDING FOR HIGH LEVEL MANAGERIAL SUPPORT FOR K-12 SCHOOL SYSTEMS
(10) DC PREPARATORY ACADEMY 707 EDGEWOOD ST NE WASHINGTON,DC20017	02-0660253	501C3	29,700	FUNDING FOR HIGH LEVEL MANAGERIAL SUPPORT FOR K-12 SCHOOL SYSTEMS
(11) DEMOCRACY PREP PUBLIC SCHOOLS 300 W 135TH ST NEW YORK,NY10030	20-2629354	501C3	16,500	FUNDING FOR HIGH LEVEL MANAGERIAL SUPPORT FOR K-12 SCHOOL SYSTEMS
(12) DENVER PUBLIC SCHOOLS 900 GRANT STREET DENVER,CO80203	84-6001099	GOVT	162,133	FUNDING FOR HIGH LEVEL MANAGERIAL SUPPORT FOR K-12 SCHOOL SYSTEMS
(13) FRESNO UNIFIED SCHOOL DISTRICT 2309 TULANE ST FRESNO,CA93721	94-6002206	GOVT	15,675	FUNDING FOR HIGH LEVEL MANAGERIAL SUPPORT FOR K-12 SCHOOL SYSTEMS
(14) FULTON COUNTY BOARD OF EDUCATION 786 CLEVELAND AVENUE SW ATLANTA,GA30315	58-6000246	GOVT	118,143	FUNDING FOR HIGH LEVEL MANAGERIAL SUPPORT FOR K-12 SCHOOL SYSTEMS
(15) GESTALT COMMUNITY SCHOOLS 6120 WINCHSETER RD MEMPHIS,TN38115	26-2794676	501C3	14,850	FUNDING FOR HIGH LEVEL MANAGERIAL SUPPORT FOR K-12 SCHOOL SYSTEMS
(16) GREEN DOT PUBLIC SCHOOLS 350 SOUTH FIGUEROA STREET LOS ANGELES,CA90071	95-4679811	501C3	28,875	FUNDING FOR HIGH LEVEL MANAGERIAL SUPPORT FOR K-12 SCHOOL SYSTEMS
(17) KIPP AUSTIN PUBLIC SCHOOLS INC 8509 FM 969 BLDG C AUSTIN,TX78724	01-0639602	501C3	14,850	FUNDING FOR HIGH LEVEL MANAGERIAL SUPPORT FOR K-12 SCHOOL SYSTEMS
(18) KIPP BAY AREA SCHOOLS 1404 FRANKLIN STREET SUITE 500 OAKLAND,CA94612	20-5010766	501C3	14,850	FUNDING FOR HIGH LEVEL MANAGERIAL SUPPORT FOR K-12 SCHOOL SYSTEMS
(19) KIPP DC INC PO BOX 3080 WASHINGTON,DC20061	74-2974642	501C3	30,360	FUNDING FOR HIGH LEVEL MANAGERIAL SUPPORT FOR K-12 SCHOOL SYSTEMS
(20) KIPP LA SCHOOLS 4800 E CESAR CHAVEZ LOS ANGELES,CA90022	26-1607268	501C3	31,350	FUNDING FOR HIGH LEVEL MANAGERIAL SUPPORT FOR K-12 SCHOOL SYSTEMS
(21) KIPP MEMPHIS INC 2670 UNION AVE MEMPHIS,TN38112	68-0502820	501C3	15,675	FUNDING FOR HIGH LEVEL MANAGERIAL SUPPORT FOR K-12 SCHOOL SYSTEMS
(22) KIPP SAN ANTONIO INC 731 FREDRICKSBURG RD SAN ANTONIO,TX78201	41-2090713	501C3	44,550	FUNDING FOR HIGH LEVEL MANAGERIAL SUPPORT FOR K-12 SCHOOL SYSTEMS
(23) KNOX COUNTY SCHOOLS 912 S GAY STREET KNOXVILLE,TN37902	62-1514781	GOVT	14,850	FUNDING FOR HIGH LEVEL MANAGERIAL SUPPORT FOR K-12 SCHOOL SYSTEMS
(24) LEAD PUBLC SCHOOLS INC 1704 HEIMAN ST NASHVILLE,TN37208	20-2526508	501C3	45,825	FUNDING FOR HIGH LEVEL MANAGERIAL SUPPORT FOR K-12 SCHOOL SYSTEMS
(25) LEARN CHARTER SCHOOL 3021 W CAROLL AVE CHICAGO,IL60612	36-4439074	501C3	15,676	FUNDING FOR HIGH LEVEL MANAGERIAL SUPPORT FOR K-12 SCHOOL SYSTEMS
(26) LOS ANGELES UNIFIED SCHOOL DISTRICT 333 SOUTH BEAUDRY AVENUE LOS ANGELES,CA90017	95-6001908	GOVT	13,159	FUNDING FOR HIGH LEVEL MANAGERIAL SUPPORT FOR K-12 SCHOOL SYSTEMS
(27) LOUISIANA DEPARTMENT OF EDUCATION PO BOX 94064 BATON ROUGE,LA70804	72-6000745	GOVT	78,850	FUNDING FOR HIGH LEVEL MANAGERIAL SUPPORT FOR K-12 SCHOOL SYSTEMS
(28) METROPOLITAN NASHVILLE PUBLIC SCHOOLS 2601 BRANSFORD AVE NASHVILLE,TN37204	62-0717138	GOVT	15,675	FUNDING FOR HIGH LEVEL MANAGERIAL SUPPORT FOR K-12 SCHOOL SYSTEMS
(29) MIAMI-DADE PUBLIC SCHOOLS 1450 NE 2ND AVE MIAMI,FL33132	59-6000572	GOVT	14,814	FUNDING FOR HIGH LEVEL MANAGERIAL SUPPORT FOR K-12 SCHOOL SYSTEMS
(30) NEW HAVEN PUBLIC SCHOOLS 54 MEADOW STREET NEW HAVEN,CT06519	60-6001876	GOVT	15,675	FUNDING FOR HIGH LEVEL MANAGERIAL SUPPORT FOR K-12 SCHOOL SYSTEMS
(31) NEW JERSEY DEPARTMENT OF EDUCATION PO BOX 500 TRENTON,NJ08625	21-6000928	GOVT	14,850	FUNDING FOR HIGH LEVEL MANAGERIAL SUPPORT FOR K-12 SCHOOL SYSTEMS
(32) NEWARK PUBLIC SCHOOLS 2 CEDAR STREET NEWARK,NJ07102	22-6002140	GOVT	78,850	FUNDING FOR HIGH LEVEL MANAGERIAL SUPPORT FOR K-12 SCHOOL SYSTEMS
(33) NOBLE NETWORK OF CHARTER SCHOOLS 1 NORTH STATE ST CHICAGO,IL60602	36-4241970	501C3	29,700	FUNDING FOR HIGH LEVEL MANAGERIAL SUPPORT FOR K-12 SCHOOL SYSTEMS
(34) NYC DEPARTMENT OF EDUCATION 52 CHAMBERS STREET NEW YORK,NY10007	13-6400434	GOVT	47,025	FUNDING FOR HIGH LEVEL MANAGERIAL SUPPORT FOR K-12 SCHOOL SYSTEMS
(35) PARTNERSHIP FOR LOS ANGELES SCHOOLS 1541 WILSHIRE BLVD LOS ANGELES,CA90017	26-1759681	501C3	49,550	FUNDING FOR HIGH LEVEL MANAGERIAL SUPPORT FOR K-12 SCHOOL SYSTEMS
(36) PERSPECTIVE CHARTER SCHOOL 601 LA SALLE ST CHICAGO,IL60605	36-4167576	501C3	14,025	FUNDING FOR HIGH LEVEL MANAGERIAL SUPPORT FOR K-12 SCHOOL SYSTEMS
(37) PITTSBURGH PUBLIC SCHOOLS 341 SOUTH BELLEFIELD AVENUE PITTSBURGH,PA15212	25-1157808	GOVT	15,262	FUNDING FOR HIGH LEVEL MANAGERIAL SUPPORT FOR K-12 SCHOOL SYSTEMS
(38) PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS 14201 SCHOOL LANE UPPER MARLBORO,MD20772	52-6000992	GOVT	29,700	FUNDING FOR HIGH LEVEL MANAGERIAL SUPPORT FOR K-12 SCHOOL SYSTEMS
(39) RECOVERY SCHOOL DISTRICT 1641 POLAND AVE NEW ORLEANS,LA70737	72-6000745	GOVT	15,675	FUNDING FOR HIGH LEVEL MANAGERIAL SUPPORT FOR K-12 SCHOOL SYSTEMS
(40) RHODE ISLAND MAYORAL ACADEMIES 160 WESTMINSTER ST PROVIDENCE,RI02903	26-3896058	501C3	59,400	FUNDING FOR HIGH LEVEL MANAGERIAL SUPPORT FOR K-12 SCHOOL SYSTEMS
(41) ROCKETSHIP EDUCATION 350 TWIN DOLPHIN DR REDWOOD CITY,CA94065	20-4040597	501C3	47,025	FUNDING FOR HIGH LEVEL MANAGERIAL SUPPORT FOR K-12 SCHOOL SYSTEMS
(42) SAN JOSE UNIFIED SCHOOL DISTRICT 855 LENZEN AVE SAN JOSE,CA95126	94-6002606	GOVT	29,933	FUNDING FOR HIGH LEVEL MANAGERIAL SUPPORT FOR K-12 SCHOOL SYSTEMS
(43) SANTA MONICA ARTS PARENTS ASSOCIATION 601 PICO BLVD SANTA MONICA,CA90405	95-2563339	501C3	1,000	GENERAL OPERATING FUND
(44) SUCCESS CHARTER NETWORK 310 LENOX AVENUE 2ND FLOOR NEW YORK,NY10027	20-5298861	501C3	15,675	FUNDING FOR HIGH LEVEL MANAGERIAL SUPPORT FOR K-12 SCHOOL SYSTEMS
(45) SUMMIT PUBLIC SCHOOLS 455 5TH AVE REDWOOD CITY,CA94063	26-2034843	501C3	57,915	FUNDING FOR HIGH LEVEL MANAGERIAL SUPPORT FOR K-12 SCHOOL SYSTEMS
(46) TENNESSEE DEPARTMENT OF EDUCATION 710 JAMES ROBERTSON PARKWAY NASHVILLE,TN37243	62-6001445	GOVT	89,113	FUNDING FOR HIGH LEVEL MANAGERIAL SUPPORT FOR K-12 SCHOOL SYSTEMS
(47) UNCOMMON SCHOOLS INC 826 BROADWAY F17 NEW YORK,NY10003	31-1488698	501C3	46,200	FUNDING FOR HIGH LEVEL MANAGERIAL SUPPORT FOR K-12 SCHOOL SYSTEMS
(48) WAKE COUNTY PUBLIC SCHOOL SYSTEM 3600 WAKE FOREST ROAD RALEIGH,NC27611	56-1137759	GOVT	29,700	FUNDING FOR HIGH LEVEL MANAGERIAL SUPPORT FOR K-12 SCHOOL SYSTEMS
(49) WASHOE COUNTY SCHOOL DISTRICT 425 EAST NINTH STREET RENO,NV89512	88-6000919	GOVT	15,675	FUNDING FOR HIGH LEVEL MANAGERIAL SUPPORT FOR K-12 SCHOOL SYSTEMS
(50) YES PREP PUBLIC SCHOOLS 6201 BONHOMME HOUSTON,TX77036	76-0563835	501C3	45,825	FUNDING FOR HIGH LEVEL MANAGERIAL SUPPORT FOR K-12 SCHOOL SYSTEMS

Enter total number of section 501(c)(3) and government organizations listed in the line 1 table ................ Bullet Image

Enter total number of other organizations listed in the line 1 table ........................ . Bullet Image

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 50055P

Schedule I (Form 990) 2014

Page 2

Part III

Grants and Other Assistance to Domestic Individuals. Complete if the organization answered "Yes" to Form 990, Part IV, line 22.
Part III can be duplicated if additional space is needed.

(a)Type of grant or assistance	(b)Number of recipients	(c)Amount of cash grant	(d)Amount of non-cash assistance	(e)Method of valuation (book, FMV, appraisal, other)	(f)Description of non-cash assistance

Part IV

Supplemental Information. Provide the information required in Part I, line 2, Part III, column (b), and any other additional information.

Return Reference

Explanation

PART I, LINE 2:

THE ORGANIZATION FUNDS GRANTEES FOR BROAD RESIDENTS IN FOUR INSTALLMENTS. PAYMENTS TO GRANTEES ARE MADE ONLY AFTER VERIFICATION OF CONTINUING EMPLOYMENT OF THE BROAD RESIDENT AND ANY OTHER TERMS OUTLINED IN THE TERMS OF GRANT MUTUALLY AGREED TO BY THE ORGANIZATION AND THE GRANTEE. SHOULD THE RESIDENT'S EMPLOYMENT BE TERMINATED OR ANY OTHER GRANT TERMS NOT MET, THE ORGANIZATION DOES NOT RELEASE THE INSTALLMENT PAYMENT, AND REQUESTS A RETURN OF PRIOR GRANT FUNDS IF APPLICABLE UNDER THE TERMS OF GRANT.

Schedule I (Form 990) 2014

Additional Data

Software ID:
Software Version:

- TIN:

Schedule J
(Form 990)

Department of the Treasury
Internal Revenue Service

Compensation Information

For certain Officers, Directors, Trustees, Key Employees, and Highest
Compensated Employees
SchJMediumBullet

Complete if the organization answered "Yes" to Form 990, Part IV, line 23.
SchJMediumBullet

Attach to Form 990.
SchJMediumBullet

Information about Schedule J (Form 990) and its instructions is at www.irs.gov/form990.

OMB No. 1545-0047

2014

Open to Public Inspection

Name of the organization

BROAD CENTER FOR MANAGEMENT OF SCHOOL SYSTEMS

Employer identification number

20-2692176

Part I

Questions Regarding Compensation

Yes

Check the appropiate box(es) if the organization provided any of the following to or for a person listed in Form
990, Part VII, Section A, line 1a. Complete Part III to provide any relevant information regarding these items.

First-class or charter travel Housing allowance or residence for personal use

Travel for companions Payments for business use of personal residence

Tax idemnification and gross-up payments Health or social club dues or initiation fees

Discretionary spending account Personal services (e.g., maid, chauffeur, chef)

If any of the boxes in line 1a are checked, did the organization follow a written policy regarding payment or reimbursement or provision of all of the expenses described above? If "No," complete Part III to explain....

Did the organization require substantiation prior to reimbursing or allowing expenses incurred by all
directors, trustees, officers, including the CEO/Executive Director, regarding the items checked in line 1a? ..

Yes

Indicate which, if any, of the following the filing organization used to establish the compensation of the
organization's CEO/Executive Director. Check all that apply. Do not check any boxes for methods
used by a related organization to establish compensation of the CEO/Executive Director, but explain in Part III.

Compensation committee Written employment contract

Independent compensation consultant Compensation survey or study

Form 990 of other organizations Approval by the board or compensation committee

During the year, did any person listed in Form 990, Part VII, Section A, line 1a with respect to the filing organization or a related organization:

Receive a severance payment or change-of-control payment? ................

Participate in, or receive payment from, a supplemental nonqualified retirement plan? .........

Participate in, or receive payment from, an equity-based compensation arrangement? .........

If "Yes" to any of lines 4a-c, list the persons and provide the applicable amounts for each item in Part III.

Only 501(c)(3), 501(c)(4), and 501(c)(29) organizations must complete lines 5-9.

For persons listed in Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the revenues of:

The organization? ...........................

Any related organization? .........................

If "Yes," to line 5a or 5b, describe in Part III.

For persons listed in Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the net earnings of:

The organization? ...........................

Any related organization? .........................

If "Yes," to line 6a or 6b, describe in Part III.

For persons listed in Form 990, Part VII, Section A, line 1a, did the organization provide any non-fixed
payments not described in lines 5 and 6? If "Yes," describe in Part III ............

Were any amounts reported in Form 990, Part VII, paid or accured pursuant to a contract that was
subject to the initial contract exception described in Regulations section 53.4958-4(a)(3)? If "Yes," describe
in Part III .............................

If "Yes" to line 8, did the organization also follow the rebuttable presumption procedure described in Regulations section 53.4958-6(c)? .........................

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 50053T

Schedule J (Form 990) 2014

Page 2

Part II

Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees. Use duplicate copies if additional space is needed.

For each individual whose compensation must be reported in Schedule J, report compensation from the organization on row (i) and from related organizations, described in the
instructions, on row (ii). Do not list any individuals that are not listed on Form 990, Part VII.
Note. The sum of columns (B)(i)-(iii) for each listed individual must equal the total amount of Form 990, Part VII, Section A, line 1a, applicable column (D) and (E) amounts for that individual.

(A) Name and Title		(B) Breakdown of W-2 and/or 1099-MISC compensation			(C) Retirement and other deferred compensation	(D) Nontaxable benefits	(E) Total of columns (B)(i)-(D)	(F) Compensation in column(B) reported as deferred in prior Form 990
(A) Name and Title		(i) Base compensation	(ii) Bonus & incentive compensation	(iii) Other reportable compensation	(C) Retirement and other deferred compensation	(D) Nontaxable benefits	(E) Total of columns (B)(i)-(D)
1BECCA BRACY KNIGHTEXECUTIVE DIRECTOR, DIRECT	(i) (ii)	245,432 ............................... 0	0 ............................... 0	0 ............................... 0	22,089 ............................... 0	18,805 ............................... 0	286,326 ............................... 0	0 ............................... 0
2DAN KATZIRDIRECTOR; CONSULTANT	(i) (ii)	178,000 ............................... 0	0 ............................... 0	0 ............................... 0	0 ............................... 0	0 ............................... 0	178,000 ............................... 0	0 ............................... 0
3HEITZ CHRISTINAMANAGING DIR, ACADEMY	(i) (ii)	235,240 ............................... 0	0 ............................... 0	0 ............................... 0	21,172 ............................... 0	31,561 ............................... 0	287,973 ............................... 0	0 ............................... 0
4BOOKER CHAKAMANAGING DIR., RESIDENCY	(i) (ii)	210,240 ............................... 0	0 ............................... 0	0 ............................... 0	18,922 ............................... 0	22,467 ............................... 0	251,629 ............................... 0	0 ............................... 0
5GERMERAAD STEPHANIESENIOR DIR, COMMUNICATIONS	(i) (ii)	162,702 ............................... 0	0 ............................... 0	0 ............................... 0	14,643 ............................... 0	8,592 ............................... 0	185,937 ............................... 0	0 ............................... 0
6TERRY MARCSENIOR DIR., ACAD. RECRUIT	(i) (ii)	157,240 ............................... 0	0 ............................... 0	0 ............................... 0	14,152 ............................... 0	9,586 ............................... 0	180,978 ............................... 0	0 ............................... 0
7PACHNANDA YASMINDIRECTOR, NETWORK SERVICES	(i) (ii)	155,240 ............................... 0	0 ............................... 0	0 ............................... 0	13,972 ............................... 0	8,381 ............................... 0	177,593 ............................... 0	0 ............................... 0
8TRUONG HOADIRECTOR, BROAD RESIDENCY	(i) (ii)	144,490 ............................... 0	0 ............................... 0	0 ............................... 0	13,004 ............................... 0	6,380 ............................... 0	163,874 ............................... 0	0 ............................... 0
9EVERETT NIKOSENIOR DIRECTOR, BROAD ACADEMY	(i) (ii)	143,270 ............................... 0	0 ............................... 0	0 ............................... 0	9,563 ............................... 0	4,566 ............................... 0	157,399 ............................... 0	0 ............................... 0

Schedule J (Form 990) 2014

Page 3

Part III

Supplemental Information

Provide the information, explanation, or descriptions required for Part I, lines 1a, 1b, 3, 4a, 4b, 4c, 5a, 5b, 6a, 6b, 7, and 8, and for Part II.
Also complete this part for any additional information.

Return Reference	Explanation

Schedule J (Form 990) 2014

Additional Data

Software ID:
Software Version:

- TIN:

Schedule L
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service

Transactions with Interested Persons

Complete if the organization answered
"Yes" on Form 990, Part IV, lines 25a, 25b, 26, 27, 28a, 28b, or 28c,
or Form 990-EZ, Part V, line 38a or 40b.
MediumBullet

Attach to Form 990 or Form 990-EZ.
MediumBullet

Information about Schedule L (Form 990 or 990-EZ) and its instructions is at www.irs.gov/form990.

OMB No. 1545-0047

2014

Open to Public Inspection

Name of the organization

BROAD CENTER FOR MANAGEMENT OF SCHOOL SYSTEMS

Employer identification number

20-2692176

Part I

Excess Benefit Transactions (section 501(c)(3), section 501(c)(4), and 501(c)(29) organizations only).
Complete if the organization answered "Yes" on Form 990, Part IV, line 25a or 25b, or Form 990-EZ, Part V, line 40b.

1(a) Name of disqualified person	(c) Description of transaction	(d) Corrected?
1(a) Name of disqualified person	(c) Description of transaction	Yes	No

Enter the amount of tax incurred by organization managers or disqualified persons during the year under section 4958. ........................... Bullet Image

Enter the amount of tax, if any, on line 2, above, reimbursed by the organization ....... Bullet Image

Part II

Loans to and/or From Interested Persons.
Complete if the organization answered "Yes" on Form 990-EZ, Part V, line 38a, or Form 990, Part IV, line 26; or if the organization reported an amount on Form 990, Part X, line 5, 6, or 22

(a) Name of interested person	(b) Relationship with organization	(c) Purpose of loan	(d) Loan to or from the organization?		(e)Original principal amount	(f)Balance due	(g) In default?		(h) Approved by board or committee?		(i)Written agreement?
(a) Name of interested person	(b) Relationship with organization	(c) Purpose of loan	To	From	(e)Original principal amount	(f)Balance due	Yes	No	Yes	No	Yes	No






Total ...... $

Part III

Grants or Assistance Benefiting Interested Persons.
Complete if the organization answered "Yes" on Form 990, Part IV, line 27.

(a) Name of interested person	(b) Relationship between interested person and the organization	(c) Amount of assistance	(d) Type of assistance	(e) Purpose of assistance

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.

Cat. No. 50056A

Schedule L (Form 990 or 990-EZ) 2014

Page 2

Part IV

Business Transactions Involving Interested Persons.
Complete if the organization answered "Yes" on Form 990, Part IV, line 28a, 28b, or 28c.

(a) Name of interested person	(b) Relationship between interested person and the organization	(c) Amount of transaction	(d) Description of transaction	(e) Sharing of organization's revenues?
(a) Name of interested person		(c) Amount of transaction	(d) Description of transaction	Yes	No
(1) DAN KATZIR	DIRECTOR, CONSULTANT	178,000	PROGRAM CONSULTING		No

Part V

Supplemental Information
Provide additional information for responses to questions on Schedule L (see instructions).

Return Reference

Explanation

PART IV

IN 2014, DAN KATZIR PROVIDED SERVICES TO THE ORGANIZATION AS A CONSULTANT TO EXPAND SUPERINTENDENT TRAINING SERVICES AS PART OF THE BROAD ACADEMY PORTFOLIO. TOTAL COMPENSATION AS AN INDEPENDENT CONTRACTOR FOR HIS SERVICES OTHER THAN AS A DIRECTOR OR SECRETARY FOR THE ORGANIZATION WAS $178,000. THIS AMOUNT WAS REVIEWED BY THE INDEPENDENT BOARD MEMBERS ON THE EXECUTIVE COMMITTEE AND WAS DETERMINED TO BE REASONABLE AND NECESSARY.

Schedule L (Form 990 or 990-EZ) 2014

Additional Data

Software ID:
Software Version:

- TIN:

SCHEDULE O
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service

Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
MediumBullet

Attach to Form 990 or 990-EZ.
MediumBullet

Information about Schedule O (Form 990 or 990-EZ) and its instructions is at
www.irs.gov/form990.

OMB No. 1545-0047

2014

Open to Public
Inspection

Name of the organization

BROAD CENTER FOR MANAGEMENT OF SCHOOL SYSTEMS

Employer identification number

20-2692176

Return Reference	Explanation
FORM 990, PART VI, SECTION A, LINE 2	THERE IS A FAMILY RELATIONSHIP BETWEEN DIRECTOR RICHARD BARTH AND DIRECTOR WENDY KOPP WHO ARE MARRIED.
FORM 990, PART VI, SECTION A, LINE 2	THERE IS A BUSINESS RELATIONSHIP BETWEEN DIRECTOR DAN KATZIR AND EXECUTIVE DIRECTOR BECCA BRACY KNIGHT. MS. KNIGHT IN HER CAPACITY AS EXECUTIVE DIRECTOR HIRED DAN KATZIR AS A CONSULTANT FOR THE BROAD CENTER IN 2014. COMPENSATION FOR MR. KATZIR WAS REVIEWED AND APPROVED BY THE EXECUTIVE BOARD IN ACCORDANCE WITH THE POLICIES AND PROCEDURES FOR REVIEWING COMPENSATION OF OFFICERS, DIRECTORS AND KEY EMPLOYEES.
FORM 990, PART VI, SECTION A, LINE 3	THE ORGANIZATION DOES NOT EMPLOY A CHIEF FINANICAL OFFICER. THE TYPICAL RESPONSIBILITIES OF THIS ROLE INCLUDING FINANCE, TAX AND HUMAN RESOURCES ARE HANDLED BY FAMILY OFFICE FINANCIAL SERVICES, LLC WHO PROVIDES ACCOUNTING, TAX, HUMAN RESOURCES AND TECHNOLOGY SUPPORT SERVICES. IN 2014, THE ORGANIZATION PAID FAMILY OFFICE FINANCIAL SERVICES, LLC $454,727 FOR FINANCIAL SERVICES.
FORM 990, PART VI, SECTION B, LINE 11	THE BOARD OF DIRECTORS HAS AUTHORIZED THE AUDIT COMMITTEE TO APPROVE THE ANNUAL TAX FILINGS. A COPY OF THE ORGANIZATION'S FORM 990 IS PROVIDED TO THE AUDIT COMMITTEE OF THE BOARD OF DIRECTORS FOR REVIEW APPROXIMATELY 30 DAYS PRIOR TO FILING. THE RETURN IS ALSO MADE AVAILABLE TO ALL MEMBERS OF THE BOARD FOR REVIEW PRIOR TO FILING. AFTER THE AUDIT COMMITTEE HAS DISCUSSED AND REVIEWED THE RETURN, AND CONSIDERED ANY COMMENTS FROM THE OTHER DIRECTORS, THE RETURN IS APPROVED AND FILED.
FORM 990, PART VI, SECTION B, LINE 12C	AN ANNUAL QUESTIONNAIRE IS SENT TO EACH BOARD MEMBER REQUIRING THEM TO STATE WHETHER OR NOT THEY HAVE A REPORTABLE INTEREST TO DISCLOSE UNDER THE ORGANIZATION'S CONFLICT OF INTEREST POLICY. DISCLOSURES ARE PRESENTED AT SUBSEQUENT BOARD MEETINGS.
FORM 990, PART VI, SECTION B, LINE 15	TO DETERMINE COMPENSATION FOR THE ORGANIZATION'S EXECUTIVE DIRECTOR, KEY EMPLOYEES, AND OFFICERS, THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS MEETS TO REVIEW THEIR JOB RESPONSIBILITES, RELATED EXPERIENCE, COMPENSATION HISTORY, PERFORMANCE REVIEWS, AND COMPARABILITY DATA FROM PEER ORGANIZATIONS COMPILED BY AN OUTSIDE CONTRACTOR. MINUTES FROM THIS MEETING ARE TAKEN TO DOCUMENT THE COMMITTEE'S DELIBERATION AND DECISIONS.
FORM 990, PART VI, SECTION C, LINE 19	THE ORGANIZATION'S AUDITED FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. CONTACT INFORMATION IS PROVIDED ON PAGE 6, PART VI, SECTION C., LINE 20.
FORM 990, PART IX, LINE 11G	MARKETING AND COMMUNICATIONS: PROGRAM SERVICE EXPENSES 17,335. MANAGEMENT AND GENERAL EXPENSES 32,011. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 49,346. STAFF RECRUITMENT & TRAINING: PROGRAM SERVICE EXPENSES 180,127. MANAGEMENT AND GENERAL EXPENSES 12,883. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 193,010. PROGRAM DEVELOPMENT & CONSULTING: PROGRAM SERVICE EXPENSES 928,929. MANAGEMENT AND GENERAL EXPENSES 235,673. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,164,602. FACULTY AND SPEAKERS: PROGRAM SERVICE EXPENSES 48,637. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 48,637. CURRICULUM DEVELOPMENT: PROGRAM SERVICE EXPENSES 194,434. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 194,434. TECHNOLOGY: PROGRAM SERVICE EXPENSES 619. MANAGEMENT AND GENERAL EXPENSES 18,442. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 19,061. LEADERSHIP DEVELOPMENT: PROGRAM SERVICE EXPENSES 223,364. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 223,364. OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 204,289. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 204,289.
FORM 990, PART XI, LINE 9:	PARTNERSHIP PASS THROUGH INCOME -181,075. UNRELATED BUSINESS INCOME TAX REFUND 259,418.
PART IV, QUESTION 34: RELATED ORGANIZATION	WHILE THE ELI AND EDYTHE BROAD FOUNDATION (EEBF), A 501C3 PRIVATE FOUNDATION, IS CURRENTLY THE MAJORITY FUNDER OF THE BROAD CENTER FOR MANAGEMENT OF SCHOOL SYSTEMS (TBC) AND ELI BROAD FOUNDED BOTH ENTITIES, THEY ARE NOT RELATED ORGANIZATIONS BY DEFINITION. ELI BROAD IS NOT AN OFFICER, DIRECTOR OR EMPLOYEE OF TBC. THERE IS NO PARENT/SUBSIDIARY, BROTHER/SISTER OR SUPPORTING/SUPPORTED (UNDER 509(A)(3) OR 509(F)(3)) ORGANIZATION RELATIONSHIP. NEITHER ORGANIZATION HAS THE POWER TO REMOVE AND REPLACE, OR A CONTINUING POWER TO APPOINT OR ELECT, A MAJORITY OF THE DIRECTORS OF THE OTHER ORGANIZATION. A BOARD OVERLAP DOES NOT EXIST WHERE DIRECTORS OF ONE ORGANIZATION CONSTITUTE THE MAJORITY OF THE DIRECTORS OF THE OTHER ORGANIZATION. FURTHERMORE, THERE ARE NO FINANCIAL DEALINGS (I.E. LOANS) BETWEEN THE TWO ENTITIES OTHER THAN THE GRANTS FROM EEBF TO TBC. TBC EXPENDS ALL GRANT FUNDS FROM EEBF WITHIN ONE YEAR.
PART VI, QUESTION 1B: INDEPENDENT VOTING MEMBERS OF THE BOARD OF DIRECTORS	IN 2014, TWO BOARD MEMBERS RECEIVED COMPENSATION FOR SERVICES IN EXCESS OF $10,000 AND THEREFORE ARE NOT INDEPENDENT VOTING MEMBERS. FURTHER EXPLANATION IS PROVIDED AS REQUIRED ON SCHEDULES J AND L. THERE IS ONE BOARD MEMBER WHO WAS EMPLOYED IN 2014 AS AN OFFICER OF AN 501C3 ORGANIZATION THAT RECEIVED GRANT FUNDS FROM THE BROAD CENTER AS PART OF ITS EXEMPT FUNCTION UNDER THE BROAD RESIDENCY PROGRAM. BECAUSE THE DIRECTOR DID NOT RECEIVE COMPENSATION FROM TBC NOR DID TBC HAVE BUSINESS TRANSACTIONS WITH THE ORGANIZATION, THIS MEMBERS IS CONSIDERED AN INDEPENDENT VOTING MEMBER.

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.

Cat. No. 51056K

Schedule O (Form 990 or 990-EZ) 2014

Additional Data

Software ID:
Software Version:

1	Briefly describe the organization’s mission or most significant activities: OUR MISSION IS TO RAISE STUDENT ACHIEVEMENT BY RECRUITING, TRAINING AND SUPPORTING LEADERSHIP TALENT FROM ACROSS AMERICA TO TRANSFORM URBAN SCHOOL SYSTEMS.
2	Check this box
3	Number of voting members of the governing body (Part VI, line 1a) ........	3	14
4	Number of independent voting members of the governing body (Part VI, line 1b) .....	4	12
5	Total number of individuals employed in calendar year 2014 (Part V, line 2a) ......	5	49
6	Total number of volunteers (estimate if necessary) .............	6	0
7a	Total unrelated business revenue from Part VIII, column (C), line 12 ........	7a	-24,404
b	Net unrelated business taxable income from Form 990-T, line 34 .........	7b	-24,404

		Prior Year	Current Year
8	Contributions and grants (Part VIII, line 1h) .........	441,450	12,250,000
9	Program service revenue (Part VIII, line 2g) .........	0	0
10	Investment income (Part VIII, column (A), lines 3, 4, and 7d ) ....	1,354	1,556,033
11	Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e)	-52,972	65,527
12	Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12)...................	389,832	13,871,560
13	Grants and similar amounts paid (Part IX, column (A), lines 1–3 )...	2,176,488	2,000,754
14	Benefits paid to or for members (Part IX, column (A), line 4).....	0	0
15	Salaries, other compensation, employee benefits (Part IX, column (A), lines 5–10)	3,876,137	4,692,440
16a	Professional fundraising fees (Part IX, column (A), line 11e).....	0	0
b	Total fundraising expenses (Part IX, column (D), line 25) 0
17	Other expenses (Part IX, column (A), lines 11a–11d, 11f–24e)....	5,720,144	6,311,398
18	Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25)	11,772,769	13,004,592
19	Revenue less expenses. Subtract line 18 from line 12.......	-11,382,937	866,968
		Beginning of Current Year	End of Year
20	Total assets (Part X, line 16).............	15,851,564	16,123,828
21	Total liabilities (Part X, line 26).............	573,712	1,079,550
22	Net assets or fund balances. Subtract line 21 from line 20.....	15,277,852	15,044,278

Sign Here

	Signature of officer	Date

	Type or print name and title


4a	(Code: ) (Expenses $ 2,498,988 including grants of $ ) (Revenue $ )
	THE BROAD ACADEMY IS AN ADVANCED DEVELOPMENT PROGRAM THAT IDENTIFIES AND PREPARES EXPERIENCED LEADERS TO SUCCESSFULLY TRANSFORM URBAN PUBLIC EDUCATION SYSTEMS.

4b	(Code: ) (Expenses $ 5,322,526 including grants of $ 1,994,754 ) (Revenue $ )
	THE BROAD RESIDENCY IS A LEADERSHIP DEVELOPMENT PROGRAM THAT TRAINS EMERGING LEADERS FOR SENIOR MANAGEMENT POSITIONS IN LARGE URBAN SCHOOL SYSTEMS. IN ADDITION TO PLACING QUALIFIED PARTICIPANTS INTO FULL-TIME HIGH-LEVEL MANAGERIAL POSITIONS IN SCHOOL DISTRICTS, CHARTER MANAGEMENT ORGANIZATIONS AND FEDERAL/STATE DEPARTMENTS OF EDUCATION, THE ORGANIZATION PROVIDES GRANTS TO HELP THESE SYSTEMS COMPENSATE THE RESIDENTS FOR ON-THE-JOB TRAINING.

4c	(Code: ) (Expenses $ 2,023,395 including grants of $ 6,000 ) (Revenue $ )
	ALUMNI NETWORK SERVICES IS A PROGRAM THAT HAS EMERGED FROM BOTH THE BROAD RESIDENCY AND THE BROAD ACADEMY TO PROVIDE SERVICES DESIGNED TO STRENGTHEN AND LEVERAGE THE CENTER'S GROWING NETWORK OF PARTICIPANTS AND ALUMNI. ALUMNI NETWORK SERVICES PROVIDES CAREER COACHING AND SERVICES TO HELP PARTICIPANTS AND ALUMNI FIND LEADERSHIP ROLES IN EDUCATION, PROVIDES SUPPORT SERVICES TO PARTICIPANTS AND ALUMNI WHEN THEY TAKE ON KEY LEADERSHIP ROLES, FACILITATES KNOWLEDGE AND BEST PRACTICE SHARING ACROSS THE NETWORK, ORGANIZES ALUMNI REUNIONS AND FUNCTIONAL AREA GATHERINGS, AND HELPS LEVERAGE THE NETWORK TO ADVANCE REFORMS NATIONALLY.

4d	Other program services (Describe in Schedule O.)
	(Expenses $ including grants of $ ) (Revenue $ )
4e	Total program service expenses9,844,909

1b	Sub-Total................
c	Total from continuation sheets to Part VII, Section A....
d	Total (add lines 1b and 1c)............	1,631,854	0	237,855

(A) Name and Title	(B) Average hours per week (list any hours for related organizations below dotted line)		(D) Reportable compensation from the organization (W- 2/1099-MISC)	(E) Reportable compensation from related organizations (W- 2/1099-MISC)	(F) Estimated amount of other compensation from the organization and related organizations
(A) Name and Title
(18) TERRY MARC........................................................................ SENIOR DIR., ACAD. RECRUIT	40.00 .......................	X	157,240	0	23,738
(19) PACHNANDA YASMIN........................................................................ DIRECTOR, NETWORK SERVICES	40.00 .......................	X	155,240	0	22,353
(20) TRUONG HOA........................................................................ DIRECTOR, BROAD RESIDENCY	40.00 .......................	X	144,490	0	19,384
(21) EVERETT NIKO........................................................................ SENIOR DIRECTOR, BROAD ACADEMY	28.00 .......................	X	143,270	0	14,129

				(A) Total revenue	(B) Related or exempt function revenue	(C) Unrelated business revenue	(D) Revenue excluded from tax under sections 512-514
1a	Federated campaigns..1a
b	Membership dues....1b
c	Fundraising events....1c
d	Related organizations...1d
e	Government grants (contributions)1e

f	All other contributions, gifts, grants, and similar amounts not included above1f		12,250,000

g	Noncash contributions included in lines 1a-1f:$
h	Total. Add lines 1a-1f.......			12,250,000
			Business Code
2a
b
c
d
e
f	All other program service revenue .
g	Total. Add lines 2a–2f........
3	Investment income (including dividends, interest, and other similar amounts).......			733			733
4	Income from investment of tax-exempt bond proceeds..
5	Royalties...........
		(i) Real	(ii) Personal
6a	Gross rents
b	Less: rental expenses
c	Rental income or (loss)
d	Net rental income or (loss).......
		(i) Securities	(ii) Other
7a	Gross amount from sales of assets other than inventory	1,579,484
b	Less: cost or other basis and sales expenses	0	24,184
c	Gain or (loss)	1,579,484	-24,184
d	Net gain or (loss)..........			1,555,300	-24,184		1,579,484
8a	Gross income from fundraising events (not including $ of contributions reported on line 1c). See Part IV, line 18 ..
	a
b	Less: direct expenses ...b
c	Net income or (loss) from fundraising events..
9a	Gross income from gaming activities. See Part IV, line 19 ...
	a
b	Less: direct expenses ...b
c	Net income or (loss) from gaming activities...
10a	Gross sales of inventory, less returns and allowances .
	a
b	Less: cost of goods sold ..b
c	Net income or (loss) from sales of inventory..
Miscellaneous Revenue			Business Code
11a	PTRSHP. INVEST. INC.		523000	65,527		-24,404	89,931
b
c
d	All other revenue ....
e	Total. Add lines 11a–11d ......			65,527
12	Total revenue. See Instructions......			13,871,560	-24,184	-24,404	1,670,148


				(A) Beginning of year		(B) End of year
1	Cash–non-interest-bearing .............			69,037	1	179,196
2	Savings and temporary cash investments .........			12,303,433	2	11,058,166
3	Pledges and grants receivable, net ...........				3
4	Accounts receivable, net .............				4
5	Loans and other receivables from current and former officers, directors, trustees, key employees, and highest compensated employees. Complete Part II of Schedule L ..................
					5
6	Loans and other receivables from other disqualified persons (as defined under section 4958(f)(1)), persons described in section 4958(c)(3)(B), and contributing employers and sponsoring organizations of section 501(c)(9) voluntary employees' beneficiary organizations (see instructions) Complete Part II of Schedule L
					6
7	Notes and loans receivable, net .............				7
8	Inventories for sale or use ..............				8
9	Prepaid expenses and deferred charges ..........			275,539	9	364,247
10a	Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D	10a	2,345,699
b	Less: accumulated depreciation .....	10b	441,165	116,107	10c	1,904,534
11	Investments—publicly traded securities ..........				11
12	Investments—other securities. See Part IV, line 11 .....			3,087,448	12	2,617,685
13	Investments—program-related. See Part IV, line 11 .....				13
14	Intangible assets ...............				14
15	Other assets. See Part IV, line 11 ...........				15
16	Total assets. Add lines 1 through 15 (must equal line 34)......			15,851,564	16	16,123,828
17	Accounts payable and accrued expenses .........				17
18	Grants payable .................				18
19	Deferred revenue ................				19
20	Tax-exempt bond liabilities .............				20
21	Escrow or custodial account liability. Complete Part IV of Schedule D..				21
22	Loans and other payables to current and former officers, directors, trustees, key employees, highest compensated employees, and disqualified
	persons. Complete Part II of Schedule L..........				22
23	Secured mortgages and notes payable to unrelated third parties ..				23
24	Unsecured notes and loans payable to unrelated third parties ....				24
25	Other liabilities (including federal income tax, payables to related third parties, and other liabilities not included on lines 17-24). Complete Part X of Schedule D....................			573,712	25	1,079,550
26	Total liabilities. Add lines 17 through 25.........			573,712	26	1,079,550
	Organizations that follow SFAS 117 (ASC 958), check here and complete lines 27 through 29, and lines 33 and 34.
27	Unrestricted net assets ..............			15,277,852	27	15,044,278
28	Temporarily restricted net assets ...........				28
29	Permanently restricted net assets ...........				29
	Organizations that do not follow SFAS 117 (ASC 958), check here and complete lines 30 through 34.
30	Capital stock or trust principal, or current funds ........				30
31	Paid-in or capital surplus, or land, building or equipment fund .....				31
32	Retained earnings, endowment, accumulated income, or other funds				32
33	Total net assets or fund balances ...........			15,277,852	33	15,044,278
34	Total liabilities and net assets/fund balances ........			15,851,564	34	16,123,828