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Nonprofit · EIN 23-2637830

MICRO-SOCIETY INC

Tax-exempt · PHILADELPHIA, PA 19104

Financials

$725K$1M2023$1.6M$1.1M2024
Revenue Expenses · by fiscal year end
Financials of MICRO-SOCIETY INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,560,773$1,110,337$450,436$635,062$354,483$280,579
December 31, 2023990$725,256$1,044,237-$318,981$141,911$327,768-$185,857
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,543,439
of which government grants
$133,998
Program service revenue
$14,532
Investment income
$11
Other revenue
$2,791

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$91,043
Other salaries and wages
$382,839
Salaries, compensation and benefits (total)
$550,633
Professional fundraising fees
$0
Legal fees
$15,629
Accounting fees
$33,760
Occupancy
$4,300
Travel
$46,092
Program services (functional)
$876,332
Management and general (functional)
$121,607
Fundraising (functional)
$112,398

Balance sheet and other

Total assets, start of year
$141,911
Total assets, end of year
$635,062
Total liabilities, end of year
$354,483
Net assets, end of year
$280,579
Net assets without donor restrictions
-$285,786
Net assets with donor restrictions
$566,365
Gross receipts
$1,560,773
Employees
9
Year formed
1991
State of legal domicile
PA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
CAROLYNN KING-RICHMONDEXECUTIVE DI
Trustee or director, Officer
40$91,042
STEPHEN K MACKTREASURER
Trustee or director, Officer
2$0
RICHARD B WICKERSHAM JRBOARD CHAIR
Trustee or director
2$0
TRIANA OLIVASBOARD MEMBER
Trustee or director
2$0
DR SANDI WILLIAMSBOARD MEMBER
Trustee or director
3$0
990 for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
CAROLYNN KING-RICHMONDEXECUTIVE DI
Trustee or director, Officer
40$95,000
STEPHEN K MACKTREASURER
Trustee or director, Officer
2$0
RICHARD B WICKERSHAM JRPRESIDENT
Trustee or director, Officer
2$0
TRIANA OLIVASMEMBER
Trustee or director
2$0
DR SANDI WILLIMSBOARD MEMBER
Trustee or director
3$0

Address and contacts

Address (IRS master file)
3675 MARKET STREET, PHILADELPHIA, PA 19104-2897
Principal officer (990 for 2024)
CAROLYNN KING-RICHMOND
Signed the 990
CAROLYNN KING-RICHMOND, EXECUTIVE DIRECTOR
Phone
(215) 922-4006
Return prepared by
J MILLER & ASSOCIATES LLC

Mission

THE ORGANIZATION SEEKS TO CULTIVATE THINKERS, PROBLEM SOLVERS, AND INNOVATORS READY TO COMPETE IN THE 21ST CENTURY GLOBAL ECONOMY BY PROVIDING CHILDREN AND YOUTH THE OPPORTUNITY TO EXPERIMENT, CREATE, PRODUCE, AND MODIFY IN THEIR OWN INTERDEPENDENT, FREE MARKET COMMUNITIES.

990 for the year ended December 31, 2024

Program accomplishments

  • PROFESSIONAL SERVICES MAJOR UPDATES WERE MADE TO OUR EXISTING CURRICULUM, INCLUDING REFRESHES OF OUR BUSINESS VENTURE GUIDEBOOKS AND DIGITAL VERSIONS OF KEY MICROADVENTURES LESSONS FOR INCLUSION IN MICROSOCIETY 2.0. NEW MATERIALS INTRODUCED THIS YEAR INCLUDE A TEACHER FACILITATOR MANUAL AND STOCK MARKET CURRICULUM. ALL CURRICULUM AND INSTRUCTIONAL RESOURCES ALIGN WITH STANDARDS AND CONNECT TO THE INCREASINGLY COMPLEX REAL WORLD OF THE MICROSOCIETY LEARNING ENVIRONMENT. TO MEET THE NEEDS OF STUDENTS AND EDUCATORS IN THIS EVER-CHANGING EDUCATIONAL LANDSCAPE, MSI CONTINUES DEVELOPING TWO DIGITAL TOOLS: 1) MICROSOCIETY? 2.0, A CUSTOMIZABLE WEB PORTAL THAT UTILIZES GOOGLE TECHNOLOGIES AND A DIGITAL FINANCIAL SYSTEM THAT USES CUSTOM SOFTWARE FOR PILOTING SCHOOLS TO TAKE THEIR MICROSOCIETIES ONLINE, ACCELERATE FINANCIAL LITERACY AND OTHER CAREER SKILLS DEVELOPMENT, AND EXPOSE STUDENTS TO 21ST- CENTURY DIGITAL CAREERS, AND 2) 4TH TERRA? , A 3D ONLINE SIMULATION "GAME AS SERVICE" TO SUPPORT SUBJECT MATTER INSTRUCTION, PARTICULARLY STEM, ALONG WITH CRITICAL THINKING, DECISION-MAKING AND COMMUNICATION SKILLS. IN PARTICULAR, THE SIMULATION FACILITATES STUDENTS' ABILITY TO THINK DEEPLY FROM MULTI-PERSPECTIVES WHICH IS ASSESSED THROUGH SIX METRICS. WITH THE SUPPORT OF AG STRATEGIC DESIGN, OUR DIGITAL PLATFORM UNDERWENT A SIGNIFICANT MAKEOVER TO REFLECT OUR NEW BRANDING. WE INTRODUCED MICROSOCIETY CAREER TOOLS, INCLUDING THE FUTUREFINDER ENGINE, WHICH ALLOWS STUDENTS TO EXPLORE CAREER POSSIBILITIES BASED ON THEIR INTERESTS. WE ALSO LAUNCHED PILOTS OF MICROSOCIETY 2.0 AND 4TH TERRA AT A MICROSOCIETY SCHOOL IN NEW JERSEY. MSI'S NEW HEART AND HEARTCORPS CURRICULA ARE BEING DISSEMINATED TO SITES AROUND THE COUNTRY. THIS CURRICULUM WAS CREATED IN RESPONSE TO THE PANDEMIC-ERA SOCIAL, EMOTIONAL, AND HEALTH NEEDS OF STUDENTS. IN ADDITION, MSI CREATED A NEW "FIRM FOUNDATION" SEQUENCE, CULMINATING IN A CITIZENSHIP CONTRACT, FOR THE START OF THE SCHOOL YEAR, AND WE ALSO ROLLED OUT A NEW "PLAN/ACT/REFLECT" FRAMEWORK TO BETTER SHAPE THE MICROTIME SCHEDULE AND PREPARED OUR CERTIFIED CONSULTANTS TO BRING IT TO SCHOOLS.
    Expenses $470,310
  • PROGRAM INITIATIVES AND RESEARCH EVALUATION ("R&E") THE PITTSBURGH EXPANSION PROJECT, SUPPORTED BY A GRANT FROM THE RICHARD KING MELLON FOUNDATION, LAID THE GROUNDWORK FOR ESTABLISHING A REGIONAL CENTER OF EXCELLENCE IN ALLEGHENY COUNTY, PENNSYLVANIA. THE ORGANIZATION IS PREPARING TO ADD NEW MICROSOCIETY SITES IN THE REGION WITH PENN HILLS CHARTER SCHOOL OF ENTREPRENEURSHIP AS A REGIONAL HUB. UNIVERSITY PARTNERSHIPS WITH CARNEGIE MELLON AND WEST LIBERTY UNIVERSITIES HAVE BEEN INSTRUMENTAL IN INTEGRATING CUTTING-EDGE PROGRAMMING TO PROVIDE STUDENTS WITH EXCITING NEW 21ST-CENTURY LEARNING OPPORTUNITIES, INCLUDING A VISUALIZING DATA PROJECT TO TEACH CHILDREN HOW TO WORK WITH REAL-WORLD DATA MINED FROM THEIR MICROSOCIETY EXPERIENCES. IN ITS COMMITMENT TO CONTINUOUS IMPROVEMENT, MSI UNDERTOOK A THIRD-PARTY EVALUATION OF MICROSOCIETY 2.0 AT PENN HILLS CHARTER SCHOOL OF ENTREPRENEURSHIP. THIS RIGOROUS ASSESSMENT WILL PROVIDE VALUABLE INSIGHTS THAT HELP US REFINE OUR APPROACHES AND MAXIMIZE OUR IMPACT ON STUDENTS AND COMMUNITIES.
    Expenses $378,726
  • CLIENT SERVICES AND OUTREACH MSI'S COMMITMENT TO NEW SCHOOL SUPPORTS SOARED WITH THE ROLLOUT OF VIRTUAL "MICROCHATS" FOR SCHOOL LEADERSHIP TEAMS AND COORDINATORS, "MICROFORUM," A PRIVATE GOOGLE CHAT SPACE WHERE MICROSOCIETY EDUCATORS CAN ASK QUESTIONS AND GET AND SHARE TIPS, AND DESIGNING A "MICROPORTAL" WEBSITE, A GO-TO PLACE FOR CURRICULUM AND CLASSROOM MATERIALS. THESE NEW COMMUNICATION TOOLS, ALONG WITH A NEW STUDENT YOUTUBE SERIES, WERE SHOWCASED DURING MSI'S SECOND VIRTUAL SEMINAR, LEVERAGING FRESH PERSPECTIVES AND INSIGHTS AND EXCHANGING IDEAS, BEST PRACTICES, AND SUCCESS STORIES, AND IN AN AUGUST GATHERING OF MSI'S FACULTY OF CERTIFIED CONSULTANTS. UPDATED CURRICULUM AND TRAINING MATERIALS RESULTED IN A REVISED TEACHER-TRAINING MODEL THAT ALIGNS WITH EDUCATIONAL ADVANCES AND EFFORTS OF THE RESEARCH AND DEVELOPMENT ("R&D") WORK OF MSI. THE TWO-DAY CONVENING SPARKED RENEWED COLLABORATION AND STRENGTHENED A COLLECTIVE VISION FOR FUTURE PROFESSIONAL SERVICES.
    Expenses $27,296

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
23-2637830
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1991
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B99Z)
Assets (IRS master file)
$635,062
Income (IRS master file)
$1,560,773

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,560,773$1,110,337$635,062XML
990December 2023$725,256$1,044,237$141,911XML
990December 2022$805,210$826,541$469,433IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS.

Questions about MICRO-SOCIETY INC

What is the EIN of MICRO-SOCIETY INC?
The employer identification number (EIN) of MICRO-SOCIETY INC is 23-2637830.
Is MICRO-SOCIETY INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1991.
Are donations to MICRO-SOCIETY INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MICRO-SOCIETY INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of MICRO-SOCIETY INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MICRO-SOCIETY INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of MICRO-SOCIETY INC?
The 990 for the year ended December 31, 2024 names CAROLYNN KING-RICHMOND.
Who are the officers and directors of MICRO-SOCIETY INC?
The 990 for the year ended December 31, 2024 lists 5 people; 1 received compensation from the organization, the highest $91,042 (CAROLYNN KING-RICHMOND, EXECUTIVE DI).
How much revenue does MICRO-SOCIETY INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,560,773, expenses of $1,110,337 and total assets of $635,062 at year end.

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