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Nonprofiteer
← THE COLERIDGE INITIATIVE INC

Form 990 for tax year 2023

Filed by THE COLERIDGE INITIATIVE INC.

Totals

Total revenue
$10,060,779
Total expenses
$9,733,802
Contributions and grants received
$7,185,459
Grants paid
$0
Program service revenue
$2,860,419
Investment income
$0
Other revenue
$14,901
Total assets, end of year
$7,742,571
Total liabilities, end of year
$4,154,618
Net assets or fund balances, end of year
$3,587,953
Program services expenses (Part IX)
$7,052,174
Management and general expenses
$2,681,628
Fundraising expenses
$0
Program service expenses (Part III)
$7,052,174

Program services were 72.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • ZAHIDE YILDIRMAZ

    PRESIDENT AND CHEIF EXECUT

    Total calculated
    $472,903
    From this org
    $426,039
    From related orgs
    $0
    Other
    $46,864
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $426,039
    Bonus
    $0
    Other
    $0
    Deferred
    $11,769
    Nontaxable benefits
    $35,095
    Filer's total
    $472,903

  • FRAUKE KREUTER

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • RAYID GHANI

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • MIKE HOLLAND

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • ROBERT GEORGE

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • DAVID RAMSAY

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • EVAN ABSHER

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • MARK ZANDI

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • JEFFREY THOMSON

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • BRIAN NEE

    CHIEF FINANCIAL OFFICER

    Total calculated
    $299,323
    From this org
    $257,071
    From related orgs
    $0
    Other
    $42,252
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $257,071
    Bonus
    $0
    Other
    $0
    Deferred
    $7,157
    Nontaxable benefits
    $35,095
    Filer's total
    $299,323

  • NATHAN BARRETT

    VP OF PROGRAMS AND DEVELOP

    Total calculated
    $315,440
    From this org
    $276,845
    From related orgs
    $0
    Other
    $38,595
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $276,845
    Bonus
    $0
    Other
    $0
    Deferred
    $8,305
    Nontaxable benefits
    $30,290
    Filer's total
    $315,440

  • BRIJESH SINGH

    DIRECTOR OF TECHNOLOGY INN

    Total calculated
    $237,029
    From this org
    $236,624
    From related orgs
    $0
    Other
    $405
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $236,624
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $405
    Filer's total
    $237,029

  • JESSICA CUNNINGHAM

    VP OF STATE PROGRAMS

    Total calculated
    $184,485
    From this org
    $178,750
    From related orgs
    $0
    Other
    $5,735
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $178,750
    Bonus
    $0
    Other
    $0
    Deferred
    $5,363
    Nontaxable benefits
    $372
    Filer's total
    $184,485

  • DIDIER LEGROS

    SENIOR SOFTWARE ENGINEER

    Total calculated
    $231,729
    From this org
    $198,101
    From related orgs
    $0
    Other
    $33,628
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $198,101
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $33,628
    Filer's total
    $231,729

  • JOHNATHAN MILLS

    DIRECTOR OF DATA ENCLAVE P

    Total calculated
    $182,175
    From this org
    $159,390
    From related orgs
    $0
    Other
    $22,785
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $159,390
    Bonus
    $0
    Other
    $0
    Deferred
    $4,782
    Nontaxable benefits
    $18,003
    Filer's total
    $182,175

  • KATE LEE-MCCARTHY

    DIRECTOR OF FINANCE AND STRATEGIC PLANNING

    Total calculated
    $157,715
    From this org
    $154,650
    From related orgs
    $0
    Other
    $3,065
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $154,650
    Bonus
    $0
    Other
    $0
    Deferred
    $2,582
    Nontaxable benefits
    $483
    Filer's total
    $157,715

  • JOHN BAPTISTA

    SYSTEMS ENGINEER

    Total calculated
    $180,923
    From this org
    $150,750
    From related orgs
    $0
    Other
    $30,173
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $150,750
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $30,173
    Filer's total
    $180,923

  • MAHESH SAHORE

    FORMER CHIEF TECHNOLOGY OFFICER

    Total calculated
    $313,081
    From this org
    $294,518
    From related orgs
    $0
    Other
    $18,563
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $294,518
    Bonus
    $0
    Other
    $0
    Deferred
    $8,342
    Nontaxable benefits
    $10,221
    Filer's total
    $313,081

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Approval by the board or compensation committee
  • 7 · Other non-fixed payments

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 3
COMPENSATION FOR THE CEO IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS ANNUALLY. THE ORGANIZATION BYLAWS ALSO PROVIDE THE BOARD THE DISCRETION TO REVIEW AND APPROVE COMPENSATION FOR OTHER MEMBERS OF THE EXECUTIVE MANAGEMENT TEAM. THE BOARD HAS EXERCISED THIS DISCRETION WHEN NEW MEMBERS OF THE EXECUTIVE MANAGEMENT TEAM ARE RECRUITED INTO THE ORGANIZATION. THEREAFTER, THE CEO HAS REVIEWED AND APPROVED COMPENSATION FOR INDIVIDUAL MEMBERS OF THE LEADERSHIP TEAM ANNUALLY
PART I, LINE 7
INCENTIVE COMPENSATION IS NOT FIXED AND IS SUBJECT TO DISCRETION BASED ON ORGANIZATION AND INDIVIDUAL PERFORMANCE.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
14 November 2024
IRS schema version
2023v5.1
Source object
202443209349300444

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