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Nonprofiteer
← FIRSTDAY FOUNDATION

Form 990 for tax year 2022

Filed by FIRSTDAY FOUNDATION.

Totals

Total revenue
$62,210,565
Total expenses
$63,140,535
Contributions and grants received
$7,273,713
Grants paid
$23,165,250
Program service revenue
$39,820,031
Investment income
$12,973,348
Other revenue
$2,143,473
Total assets, end of year
$788,710,292
Total liabilities, end of year
$8,071,675
Net assets or fund balances, end of year
$780,638,617
Program services expenses (Part IX)
$61,761,695
Management and general expenses
$0
Fundraising expenses
$1,378,840
Program service expenses (Part III)
$61,761,695

Program services were 97.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1d · Related organizations

    $6,508,079

  • 1f · All other contributions, gifts and grants

    $765,634

  • 2a · Program service revenue: INDIRECT EXPENSE REIMBURSEMENTS

    total $38,608,254 · related or exempt $38,608,254

  • 2b · Program service revenue: RENT FROM AFFILIATED EXEMPT ORGANIZATION

    total $469,076 · related or exempt $469,076

  • 2c · Program service revenue: INTERNAL PHONE REVENUE

    total $742,701 · related or exempt $742,701

  • 3 · Investment income

    total $12,922,156 · excluded $12,922,156

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0

  • 5 · Royalties

    total $344,166 · excluded $344,166

  • 6a · Gross rents

    real property $809,322

  • 6c · Rental income or loss

    real property $809,322 · personal property $0

  • 6d · Net rental income or loss

    total $809,322 · excluded $809,322

  • 7a · Gross sales of assets other than inventory

    other assets $8,758,257

  • 7b · Less cost or other basis and sales expenses

    other assets $8,707,065

  • 7c · Gain or loss

    other assets $51,192

  • 7d · Net gain or loss

    total $51,192 · excluded $51,192

  • 8a · Fundraising events: gross income

    $0

  • 8b · Fundraising events: direct expenses

    $0

  • 8c · Net income from fundraising events

    total $0

  • 9a · Gaming: gross income

    $0

  • 9b · Gaming: direct expenses

    $0

  • 9c · Net income from gaming

    total $0

  • 10a · Gross sales of inventory

    $0

  • 10b · Cost of goods sold

    $0

  • 10c · Net income from sales of inventory

    total $0

  • 11a · Other revenue: OTHER INCOME

    total $989,985 · excluded $989,985

  • 11e · Other revenue, total

    $989,985

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $23,090,144 · program services $23,090,144

  • 2 · Grants to domestic individuals

    total $75,106 · program services $75,106

  • 3 · Grants to foreign organizations and individuals

    total $0

  • 4 · Benefits paid to or for members

    total $0

  • 5 · Compensation of officers, directors and key employees

    total $3,536,111 · program services $3,389,417 · fundraising $146,694

  • 6 · Compensation of disqualified persons

    total $0

  • 7 · Other salaries and wages

    total $10,765,648 · program services $10,314,793 · fundraising $450,855

  • 8 · Pension plan contributions

    total $591,281 · program services $571,391 · fundraising $19,890

  • 9 · Other employee benefits

    total $829,338 · program services $783,693 · fundraising $45,645

  • 10 · Payroll taxes

    total $910,432 · program services $865,794 · fundraising $44,638

  • 11a · Fees: management

    total $0

  • 11b · Fees: legal

    total $205,753 · program services $205,753

  • 11c · Fees: accounting

    total $66,897 · program services $66,897

  • 11d · Fees: lobbying

    total $277,750 · program services $277,750

  • 11e · Fees: professional fundraising services

    total $0

  • 11f · Fees: investment management

    total $0

  • 11g · Fees: other

    total $7,103,111 · program services $6,811,110 · fundraising $292,001

  • 12 · Advertising and promotion

    total $504,518 · program services $451,563 · fundraising $52,955

  • 13 · Office expenses

    total $1,338,213 · program services $1,280,385 · fundraising $57,828

  • 14 · Information technology

    total $4,302,694 · program services $4,231,483 · fundraising $71,211

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $1,260,561 · program services $1,252,520 · fundraising $8,041

  • 17 · Travel

    total $330,672 · program services $320,612 · fundraising $10,060

  • 18 · Travel or entertainment for public officials

    total $0

  • 19 · Conferences, conventions and meetings

    total $104,338 · program services $88,342 · fundraising $15,996

  • 20 · Interest

    total $0

  • 21 · Payments to affiliates

    total $0

  • 22 · Depreciation, depletion and amortization

    total $4,450,835 · program services $4,450,835

  • 23 · Insurance

    total $1,062,954 · program services $1,060,181 · fundraising $2,773

  • 24a · Other expenses: REPAIRS & MAINTENANCE

    total $1,455,833 · program services $1,453,873 · fundraising $1,960

  • 24b · Other expenses: MISCELLANEOUS EXPENSE

    total $328,431 · program services $278,650 · fundraising $49,781

  • 24c · Other expenses: SPECIAL EVENTS AND APPEALS

    total $290,089 · program services $186,049 · fundraising $104,040

  • 24d · Other expenses: FOOD & SUPPLIES

    total $259,826 · program services $255,354 · fundraising $4,472

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,477,593 · end of year $116,580,788

  • 2 · Savings and temporary cash investments

    beginning of year $355,928,555 · end of year $7,875,266

  • 3 · Pledges and grants receivable

    beginning of year $0 · end of year $0

  • 4 · Accounts receivable

    beginning of year $41,759 · end of year $57,452

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

  • 7 · Other notes and loans receivable

    beginning of year $13,492 · end of year $9,231

  • 8 · Inventories for sale or use

    beginning of year $0 · end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $2,125,176 · end of year $2,841,684

  • 10a · Land, buildings and equipment: cost or other basis

    $58,006,575

  • 10b · Land, buildings and equipment: accumulated depreciation

    $25,706,007

  • 10c · Land, buildings and equipment, net

    beginning of year $42,113,873 · end of year $32,300,568

  • 11 · Investments: publicly traded securities

    beginning of year $70,081 · end of year $600,451,441

  • 12 · Investments: other securities

    beginning of year $320,821,424 · end of year $4,414,258

  • 13 · Investments: program-related

    beginning of year $0 · end of year $0

  • 14 · Intangible assets

    beginning of year $0 · end of year $0

  • 15 · Other assets

    beginning of year $6,058,109 · end of year $24,179,604

  • 17 · Accounts payable and accrued expenses

    beginning of year $4,184,864 · end of year $4,015,589

  • 18 · Grants payable

    beginning of year $0 · end of year $0

  • 19 · Deferred revenue

    beginning of year $0 · end of year $0

  • 20 · Tax-exempt bond liabilities

    beginning of year $0 · end of year $0

  • 21 · Escrow or custodial account liability

    beginning of year $0 · end of year $0

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 23 · Secured mortgages and notes payable

    beginning of year $0 · end of year $0

  • 24 · Unsecured notes and loans payable

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $0 · end of year $4,056,086

  • 27 · Net assets without donor restrictions

    beginning of year $720,495,895 · end of year $776,292,809

  • 28 · Net assets with donor restrictions

    beginning of year $3,969,303 · end of year $4,345,808

Mission and programs · 2022

Mission

FIRSTDAY FOUNDATION SHALL PROVIDE GENERAL ADMINISTRATIVE SUPPORT AND SERVICES TO ORGANIZATIONS WHICH ARE EXEMPT FROM FEDERAL INCOME TAXATION AND DESCRIBED IN THE INTERNAL REVENUE CODE.

Activities or mission (Part I)

FIRSTDAY FOUNDATION PROVIDES SUPPORT TO THE FIRSTDAY FOUNDATION AFFILIATED ORGANIZATIONS IN THEIR EFFORTS TO CARE FOR CHILDREN, ADULTS, AND FAMILIES IN NEED AROUND THE WORLD.

  • THE FIRSTDAY FOUNDATION PROVIDES GENERAL AND ADMINISTRATIVE SUPPORT SERVICES TO PROVIDE EFFICIENT AND EFFECTIVE FISCAL, HUMAN RESOURCE MANAGEMENT, LEGAL, TECHNOLOGY, TALENT AND RECRUITING, REGULATORY AND COMPLIANCE, LEARNING AND DEVELOPMENT, MANAGEMENT AND ADVISORY SERVICES, PROPERTY AND RISK MANAGEMENT, AND MARKETING, BRANDING AND COMMUNICATION SERVICES TO ITS RELATED PARTY ORGANIZATIONS AND OTHER NONPROFIT AGENCIES.

    Expenses $61,761,695 · Grants $23,165,250 · Revenue $39,820,031

As filed on the 2022 return.

Listed in Part VII

  • Kevin C Dinnin

    PRESIDENT AND CEO

    Total calculated
    $1,211,105
    From this org
    $1,147,795
    From related orgs
    $0
    Other
    $63,310
    Hours/week
    50 + 10 related

    Schedule J breakdown matched by us

    Base
    $454,434
    Bonus
    $689,000
    Other
    $4,361
    Deferred
    $47,974
    Nontaxable benefits
    $15,336
    Filer's total
    $1,211,105

  • Claudia Oliveira

    CHIEF FINANCIAL OFFICER

    Total calculated
    $468,866
    From this org
    $414,916
    From related orgs
    $0
    Other
    $53,950
    Hours/week
    50 + 10 related

    Schedule J breakdown matched by us

    Base
    $278,327
    Bonus
    $125,000
    Other
    $11,589
    Deferred
    $30,992
    Nontaxable benefits
    $22,958
    Filer's total
    $468,866

  • Asennet Segura

    CHIEF OPERATING OFFICER

    Total calculated
    $352,359
    From this org
    $310,556
    From related orgs
    $0
    Other
    $41,803
    Hours/week
    35 + 5 related

    Schedule J breakdown matched by us

    Base
    $260,342
    Bonus
    $46,988
    Other
    $3,226
    Deferred
    $28,594
    Nontaxable benefits
    $13,209
    Filer's total
    $352,359

  • Kari Bass

    CHIEF OPERATING OFFICER

    Total calculated
    $331,166
    From this org
    $293,583
    From related orgs
    $0
    Other
    $37,583
    Hours/week
    35 + 5 related

    Schedule J breakdown matched by us

    Base
    $244,159
    Bonus
    $40,250
    Other
    $9,174
    Deferred
    $19,457
    Nontaxable benefits
    $18,126
    Filer's total
    $331,166

  • Karen Thaxton

    EVP OF HR

    Total calculated
    $326,423
    From this org
    $299,766
    From related orgs
    $0
    Other
    $26,657
    Hours/week
    30 + 10 related

    Schedule J breakdown matched by us

    Base
    $255,768
    Bonus
    $41,667
    Other
    $2,331
    Deferred
    $13,125
    Nontaxable benefits
    $13,532
    Filer's total
    $326,423

  • David Krimmel

    EVP/CIO

    Total calculated
    $273,089
    From this org
    $235,449
    From related orgs
    $0
    Other
    $37,640
    Hours/week
    30 + 10 related

    Schedule J breakdown matched by us

    Base
    $200,530
    Bonus
    $33,000
    Other
    $1,919
    Deferred
    $17,820
    Nontaxable benefits
    $19,820
    Filer's total
    $273,089

  • Robert Rapp

    EVP OF EMPLOYMENT LAWS

    Total calculated
    $244,377
    From this org
    $218,009
    From related orgs
    $0
    Other
    $26,368
    Hours/week
    30 + 10 related

    Schedule J breakdown matched by us

    Base
    $181,714
    Bonus
    $31,601
    Other
    $4,694
    Deferred
    $8,574
    Nontaxable benefits
    $17,794
    Filer's total
    $244,377

  • Regina Woolridge

    VP - EMPLOYEE BENEFITS

    Total calculated
    $238,688
    From this org
    $219,773
    From related orgs
    $0
    Other
    $18,915
    Hours/week
    30 + 10 related

    Schedule J breakdown matched by us

    Base
    $197,451
    Bonus
    $20,625
    Other
    $1,697
    Deferred
    $10,245
    Nontaxable benefits
    $8,670
    Filer's total
    $238,688

  • Floyd Hartsell

    CHIEF MEDICAL OFFICER

    Total calculated
    $236,577
    From this org
    $234,586
    From related orgs
    $0
    Other
    $1,991
    Hours/week
    30 + 10 related

    Schedule J breakdown matched by us

    Base
    $229,546
    Bonus
    $4,000
    Other
    $1,040
    Deferred
    $0
    Nontaxable benefits
    $1,991
    Filer's total
    $236,577

  • Beth Wasserstrum

    LEGAL AND COMPLIANCE OFFICER

    Total calculated
    $229,010
    From this org
    $212,408
    From related orgs
    $0
    Other
    $16,602
    Hours/week
    30 + 10 related

    Schedule J breakdown matched by us

    Base
    $189,003
    Bonus
    $22,500
    Other
    $905
    Deferred
    $9,911
    Nontaxable benefits
    $6,691
    Filer's total
    $229,010

  • Antonio Mercado

    CHIEF TECHNOLOGY OFFICER

    Total calculated
    $206,835
    From this org
    $184,099
    From related orgs
    $0
    Other
    $22,736
    Hours/week
    30 + 10 related

    Schedule J breakdown matched by us

    Base
    $171,231
    Bonus
    $12,500
    Other
    $368
    Deferred
    $16,045
    Nontaxable benefits
    $6,691
    Filer's total
    $206,835

  • Trevor Woodruff

    DEPUTY GENERAL COUNSEL

    Total calculated
    $204,041
    From this org
    $198,763
    From related orgs
    $0
    Other
    $5,278
    Hours/week
    30 + 10 related

    Schedule J breakdown matched by us

    Base
    $172,550
    Bonus
    $25,833
    Other
    $380
    Deferred
    $0
    Nontaxable benefits
    $5,278
    Filer's total
    $204,041

  • Marilu Reyna

    EVP OF MARKETING

    Total calculated
    $181,942
    From this org
    $167,895
    From related orgs
    $0
    Other
    $14,047
    Hours/week
    30 + 10 related

    Schedule J breakdown matched by us

    Base
    $142,749
    Bonus
    $23,958
    Other
    $1,188
    Deferred
    $7,356
    Nontaxable benefits
    $6,691
    Filer's total
    $181,942

  • George Cowden

    SECRETARY/LEGAL COUNSEL

    Total calculated
    $146,784
    From this org
    $146,784
    From related orgs
    $0
    Other
    $0
    Hours/week
    30 + 10 related

  • Alan Griffin

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 9 related

  • Carl Register

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 9 related

  • David Sprouse

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 9 related

  • Janet Littlejohn

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 9 related

  • Karen Simmons

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 9 related

  • Lanny Hall

    VICE CHAIRMAN

    Total calculated
    $0
    Hours/week
    1 + 9 related

  • Larry Lummus

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 9 related

  • Les O'Farrell

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 9 related

  • Mark Smith

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 9 related

  • Martha Morse

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 9 related

  • Matt Orwig

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 9 related

  • Myra Starkey

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 9 related

  • Robert K Feather

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 9 related

  • Robert Ownby

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 9 related

  • Scott Sharman

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    1 + 9 related

  • Silas Ragsdale

    TREASURER

    Total calculated
    $0
    Hours/week
    1 + 9 related

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 · Compensation committee
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

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
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

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

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2022
Filed
15 July 2024
IRS schema version
2022v5.0
Source object
202421209349301207

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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