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← POSTSECONDARY NATIONAL POLICY INSTITUTE

Form 990 for tax year 2023

Filed by POSTSECONDARY NATIONAL POLICY INSTITUTE.

Totals

Total revenue
$1,960,673
Total expenses
$1,298,047
Contributions and grants received
$1,908,749
Grants paid
$0
Program service revenue
$16,580
Investment income
$35,344
Other revenue
$0
Total assets, end of year
$1,866,637
Total liabilities, end of year
$354,542
Net assets or fund balances, end of year
$1,512,095
Program services expenses (Part IX)
$925,898
Management and general expenses
$327,212
Fundraising expenses
$44,937
Program service expenses (Part III)
$925,898

Program services were 71.3% 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.

  • 1f · All other contributions, gifts and grants

    $1,908,749

  • 2a · Program service revenue: CONFERENCES/EVENTS

    total $16,580 · related or exempt $15,980 · excluded $600

  • 3 · Investment income

    total $35,344 · excluded $35,344

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $611,367 · program services $425,562 · management and general $146,219 · fundraising $39,586

  • 7 · Other salaries and wages

    total $238,112 · program services $227,527 · management and general $8,949 · fundraising $1,636

  • 8 · Pension plan contributions

    total $8,528 · program services $8,288 · management and general $168 · fundraising $72

  • 9 · Other employee benefits

    total $22,622 · program services $22,134 · management and general $268 · fundraising $220

  • 10 · Payroll taxes

    total $47,227 · program services $37,895 · management and general $7,568 · fundraising $1,764

  • 11a · Fees: management

    total $131,618 · management and general $131,618

  • 11c · Fees: accounting

    total $4,100 · management and general $4,100

  • 11g · Fees: other

    total $49,920 · program services $45,640 · management and general $2,700 · fundraising $1,580

  • 12 · Advertising and promotion

    total $6 · program services $6

  • 13 · Office expenses

    total $3,009 · program services $152 · management and general $2,827 · fundraising $30

  • 14 · Information technology

    total $21,242 · program services $8,557 · management and general $12,685

  • 16 · Occupancy

    total $4,765 · program services $2,139 · management and general $2,626

  • 17 · Travel

    total $26,472 · program services $25,694 · management and general $778

  • 19 · Conferences, conventions and meetings

    total $117,384 · program services $113,684 · management and general $3,700

  • 23 · Insurance

    total $2,565 · management and general $2,565

  • 24a · Other expenses: HONORARIA AND GIFTS

    total $6,530 · program services $6,200 · management and general $330

  • 24b · Other expenses: STAFF TRAINING

    total $1,375 · program services $1,375

  • 24c · Other expenses: DUES AND SUBSCRIPTIONS

    total $1,205 · program services $1,045 · management and general $111 · fundraising $49

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,050,476 · end of year $364,248

  • 2 · Savings and temporary cash investments

    beginning of year $0 · end of year $802,389

  • 3 · Pledges and grants receivable

    beginning of year $75,000 · end of year $700,000

  • 9 · Prepaid expenses and deferred charges

    beginning of year $5,000 · end of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $281,007 · end of year $354,542

  • 27 · Net assets without donor restrictions

    beginning of year $826,722 · end of year $1,263,072

  • 28 · Net assets with donor restrictions

    beginning of year $22,747 · end of year $249,023

Mission and programs · 2023

Mission

PNPI'S MISSION IS TO INCREASE THE KNOWLEDGE, CAPACITY, AND DIVERSITY OF FEDERAL POSTSECONDARY POLICYMAKERS, LEADERS, AND THINKERS.

  • PNPI HOSTED TWO IN-PERSON SEMINARS, AN IN-PERSON BOOT CAMP, AND ONE VIRTUAL LEARNING DAY. THE SEMINARS FOCUSED ON STUDENT LOAN DEBT AND REPAYMENT AND TITLE IV PROGRAM INTEGRITY ISSUES. THE BOOT CAMP FOCUSED ON THE FEDERAL BUDGET AND APPROPRIATIONS PROCESS. THE VIRTUAL LEARNING DAY ALSO FOCUSED ON PROGRAM INTEGRITY.

    Expenses $484,664

  • PNPI HOSTED THREE RESEARCHER SPOTLIGHTS, THREE ITERATIONS OF A VIRTUAL COURSE, ONE VIRTUAL BOOT CAMP, AND ONE IN-PERSON BOOT CAMP FOR PROSPECTIVE POLICYMAKERS AND THE LARGER FEDERAL HIGHER EDUCATION COMMUNITY.RESEARCHER SPOTLIGHTS INTRODUCED PARTICIPANTS TO UP-AND-COMING POSTSECONDARY RESEARCHERS. THE VIRTUAL COURSE FOCUSED ON FEDERAL STUDENT AID AND INCLUDED BOTH SYNCHRONOUS AND ASYNCHRONOUS COMPONENTS. ONE VIRTUAL BOOT CAMP FOCUSED ON COLLEGE COST, ONE VIRTUAL BOOT CAMP FOCUSED ON FEDERAL STUDENT AID, AND ONE IN-PERSON BOOT CAMP FOCUSED ON FEDERAL STUDENT AID. BOOT CAMPS PROVIDED PARTICIPANTS WITH AN OPPORTUNITY TO EXPAND THEIR CONTENT KNOWLEDGE WHILE NETWORKING WITH OTHERS.

    Expenses $238,327 · Revenue $15,980

  • SMALLER MEETINGS WERE HELD WITH HIGHER EDUCATION STAKEHOLDERS AS A MEANS TO EXTEND OUR REACH AND EXPERTISE. PNPI ALSO CREATES AND PUBLISHES PRIMERS, MEMOS, AND FACTSHEETS ON POSTSECONDARY TOPICS AND HOSTS THE PNPI EXPLORER, A HIGHER EDUCATION DATA TOOL.

    Expenses $202,907

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • TERRELL HALASKA DUNN

    CHAIR OF THE BOARD

    Total calculated
    $0
    Hours/week
    0.5

  • ADRIAN HAUGABROOK

    VICE CHAIR OF THE BOARD

    Total calculated
    $0
    Hours/week
    0.5

  • LAURA PERNA

    TREASURER OF THE BOARD

    Total calculated
    $0
    Hours/week
    0.5

  • DENISE FORTE

    SECRETARY OF THE BOARD

    Total calculated
    $0
    Hours/week
    0.5

  • CRYSTAL GREEN

    MEMBER OF THE BOARD

    Total calculated
    $0
    Hours/week
    0.5

  • MARYELLEN MCGUIRE

    PRESIDENT

    Total calculated
    $346,827
    From this org
    $289,650
    From related orgs
    $0
    Other
    $57,177
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $243,950
    Bonus
    $45,700
    Other
    $0
    Deferred
    $15,095
    Nontaxable benefits
    $42,082
    Filer's total
    $346,827

  • ELIZABETH PRUETER

    CHIEF OF STAFF

    Total calculated
    $224,684
    From this org
    $178,412
    From related orgs
    $0
    Other
    $46,272
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $145,000
    Bonus
    $33,412
    Other
    $0
    Deferred
    $10,939
    Nontaxable benefits
    $35,333
    Filer's total
    $224,684

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 survey or study
  • 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 7
THE QUALIFICATION FOR AND THE AMOUNT OF THE PRESIDENT'S BONUS IS DETERMINED BY THE BOARD OF DIRECTORS BASED ON EXPECTATIONS ESTABLISHED DURING THE PRIOR YEAR'S EVALUATION PROCESS. THE QUALIFICATION FOR AND THE AMOUNT OF THE CHIEF OF STAFF'S BONUS IS DETERMINED BY THE PRESIDENT BASED ON EXPECTATIONS ESTABLISHED DURING THE PRIOR YEAR'S EVALUATION PROCESS. SOME OF THESE EVALUATIONS REQUIRE THE USE OF DISCRETION, AND WOULD BE CONSIDERED A "NON-FIXED PAYMENT".

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.

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.

  • NEW VENTURE FUND

    501(C)(3) · TO SUPPORT INNOVATIVE AND EFFECTIVE PUBLIC INTEREST PROJECTS · DC

Provenance

Return type
form_990
Tax year
2023
Filed
30 April 2024
IRS schema version
2023v5.0
Source object
202441229349301119

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