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Nonprofiteer
← NATIONAL ACADEMY OF HUMAN RESOURCES FOUNDATION

Form 990 for tax year 2023

Filed by NATIONAL ACADEMY OF HUMAN RESOURCES FOUNDATION.

Totals

Total revenue
$915,778
Total expenses
$732,999
Contributions and grants received
$177,409
Grants paid
$120,511
Program service revenue
$546,659
Investment income
$186,015
Other revenue
$5,695
Total assets, end of year
$4,156,206
Total liabilities, end of year
$83,001
Net assets or fund balances, end of year
$4,073,205
Program services expenses (Part IX)
$642,556
Management and general expenses
$90,443
Fundraising expenses
$0
Program service expenses (Part III)
$642,556

Program services were 87.7% 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

    $177,409

  • 2a · Program service revenue: CHRO ACADEMY

    total $521,659 · related or exempt $521,659

  • 2b · Program service revenue: CPO ACADEMY

    total $24,078 · related or exempt $24,078

  • 2c · Program service revenue: CHRO HR OFFICER BOOK R

    total $922 · related or exempt $922

  • 3 · Investment income

    total $154,758 · excluded $154,758

  • 7a · Gross sales of assets other than inventory

    securities $300,000

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

    securities $268,743

  • 7c · Gain or loss

    securities $31,257

  • 7d · Net gain or loss

    total $31,257 · excluded $31,257

  • 11a · Other revenue: MISC. REVENUE

    total $5,695 · excluded $5,695

  • 11e · Other revenue, total

    $5,695

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $2,511 · program services $2,511

  • 2 · Grants to domestic individuals

    total $118,000 · program services $118,000

  • 5 · Compensation of officers, directors and key employees

    total $171,251 · program services $145,563 · management and general $25,688

  • 7 · Other salaries and wages

    total $46,000 · program services $39,100 · management and general $6,900

  • 9 · Other employee benefits

    total $6,628 · program services $5,634 · management and general $994

  • 10 · Payroll taxes

    total $17,157 · program services $14,127 · management and general $3,030

  • 11b · Fees: legal

    total $6,960 · management and general $6,960

  • 11c · Fees: accounting

    total $9,200 · management and general $9,200

  • 11g · Fees: other

    total $50,460 · program services $42,891 · management and general $7,569

  • 13 · Office expenses

    total $8,859 · management and general $8,859

  • 14 · Information technology

    total $831 · management and general $831

  • 17 · Travel

    total $11,626 · management and general $11,626

  • 19 · Conferences, conventions and meetings

    total $2,990 · management and general $2,990

  • 23 · Insurance

    total $1,423 · management and general $1,423

  • 24a · Other expenses: CHRO ACADEMY EXPENSES

    total $164,913 · program services $164,913

  • 24b · Other expenses: STUDENT & FELLOWS DINNE

    total $88,376 · program services $88,376

  • 24c · Other expenses: CPO ACADEMY

    total $21,441 · program services $21,441

  • 24d · Other expenses: FOREIGN TAX PAID ON DIV

    total $2,070 · management and general $2,070

  • 24e · All other expenses

    total $2,303 · management and general $2,303

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $217,967 · end of year $299,729

  • 2 · Savings and temporary cash investments

    beginning of year $16 · end of year $16

  • 3 · Pledges and grants receivable

    end of year $5,251

  • 12 · Investments: other securities

    beginning of year $3,609,457 · end of year $3,851,210

  • 15 · Other assets

    beginning of year $2,463

  • 17 · Accounts payable and accrued expenses

    end of year $1,568

  • 19 · Deferred revenue

    beginning of year $297,285 · end of year $81,433

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $3,532,618 · end of year $4,073,205

Mission and programs · 2023

Mission

IN 1994 THE NATIONAL ACADEMY OF HUMAN RESOURCES (NAHR) FOUNDATION WAS ESTABLISHED TO FURTHER CONTRIBUTE TO THE PROFESSION OF HUMAN RESOURCES BY CONDUCTING OUTREACH INITIATIVES FOR THE PROFESSION THROUGH VARIOUS PROGRAMS, PROJECTS AND STUDIES THAT REFLECT THE INTEREST OF ITS FELLOWS AND IS RESPONSIVE TO THE NEEDS OF THE HUMAN RESOURCES PROFESSION, BUSINESS, GOVERNMENT AND SOCIETY.THE NAHR FOUNDATION ACCOMPLISHES ITS OBJECTIVE BY DEVELOPING AND SUPPORTING UNIQUE PROGRAMS AND STUDIES THAT ENHANCE THE HUMAN RESOURCES PROFESSION IN WAYS THAT REFLECT THE SPECIAL NATURE OF THE ACADEMY BY UTILIZING THE IMMENSE INDIVIDUAL AND COLLECTIVE EXPERIENCE AND WISDOM OF THE FELLOWS, BOTH ACTIVE AND RETIRED. ADDITIONALLY, THROUGH ITS VARIOUS PROGRAMS AND INITIATIVES, THE NAHR FOUNDATION STRIVES TO DEVELOP IN STUDENTS AND OTHER QUALIFIED INDIVIDUALS INTEREST IN THE HUMAN RESOURCES PROFESSION AS A CAREER.

Activities or mission (Part I)

SPONSORING SYMPOSIA, PROVIDING SCHOLARSHIPS, SPONSORING AND CONDUCTING RESEARCH.

  • THE CHRO AND CPO ACADEMIES ARE EXECUTIVE DEVELOPMENT SEMINARS FOR THE SENIOR-MOST HR LEADERS OF ORGANIZATIONS. ADDITIONALLY, THE CHRO AND CPO ACADEMIES PROVIDE AN OPPORTUNITY TO GAIN THE PERSPECTIVE OF BOARDS AND CEOS REGARDING THEIR EXPECTATIONS FOR CHROS AND CPOS.

    Expenses $310,011 · Revenue $545,737

  • THE NATIONAL ACADEMY OF HUMAN RESOURCES HOSTS AN ANNUAL PRE-DINNER MEETING AND MASTER'S STUDENTS PROGRAM CONCURRENT WITH OUR ANNUAL DINNER AND MEETING TO PROVIDE EXECUTIVE DEVELOPMENT ON CURRENT TOPICS IN HUMAN RESOURCES AND RELATED FIELDS FOR FELLOWS AND MASTER'S STUDENTS.

    Expenses $150,205

  • THE NAHR FOUNDATION FUNDS SCHOLARSHIPS FOR GRADUATE STUDENTS STUDYING HR. GRADUATE STUDENT SCHOLARSHIP BENEFICIARIES MUST BE ENROLLED IN A MASTER'S DEGREE PROGRAM WITH AN EMPHASIS IN HR OR HR RELATED PROGRAMS.

    Expenses $118,000 · Grants $118,000

  • INCLUDES THE PAYROLL OF RESOURCES SERVING THE NEEDS OF HR PROFESSIONALS AND ADVANCING THE PRACTICES OF HUMAN RESOURCES THROUGH INITIATIVES SUCH AS RESEARCH, EDUCATION, WRITTEN AND VIDEO MATERIAL ON RELEVANT TOPICS, COACHING AND DIVERSITY PROJECTS.

    Expenses $64,340 · Grants $2,511 · Revenue $922

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

Listed in Part VII

  • Ted Childs

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0

  • Fred K Foulkes

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0

  • David Lewin

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0

  • Mary George Opperman

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0

  • Joseph B Ruocco

    CHAIR

    Total calculated
    $0
    Hours/week
    0

  • Sharon Taylor

    SECRETARY/TREASURER

    Total calculated
    $0
    Hours/week
    0

  • Ashley Goldsmith

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0

  • Dermot O'Brien

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0

  • Christine Pambianchi

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    0

  • Peter Fasolo

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0

  • Pamela O Kimmet

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0

  • Kenneth Hutchinson

    IMMEDIATE PAST CHAIR

    Total calculated
    $0
    Hours/week
    0

  • Madelyn P Jennings

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0

  • Jill B Smart

    IMMEDIATE PAST PRESIDENT

    Total calculated
    $52,500
    From this org
    $52,500
    From related orgs
    $0
    Other
    $0
    Hours/week
    10

  • Daniel Marsili

    PRESIDENT

    Total calculated
    $117,500
    From this org
    $117,500
    From related orgs
    $0
    Other
    $0
    Hours/week
    20

  • Daniel Yager

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0

  • Patrick M Wright

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0

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.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
25 October 2024
IRS schema version
2023v5.1
Source object
202402999349301565

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