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Nonprofiteer
← DECHOMAI ASSET TRUST

Form 990 for tax year 2023

Filed by DECHOMAI ASSET TRUST.

This return was superseded by a later amendment. matched by us It is kept because history is preserved rather than replaced.

What the amendment changed

Compared with the latest return for 2023 , filed 31 August 2023. matched by us Only the Part I totals and the names listed in Part VII are compared. We relate returns by organization, tax year and form, and order them by each return's own timestamp; the filer's own "amended return" checkbox is a separate fact.

Both are the same on the two returns, so the amendment changed something else.

Totals

Total revenue
$837,010,060
Total expenses
$341,978,434
Contributions and grants received
$960,623,947
Grants paid
$337,472,686
Program service revenue
$0
Investment income
-$123,648,180
Other revenue
$34,293
Total assets, end of year
$1,648,543,806
Total liabilities, end of year
$30,184,789
Net assets or fund balances, end of year
$1,618,359,017
Program services expenses (Part IX)
$341,721,247
Management and general expenses
$250,960
Fundraising expenses
$6,227
Program service expenses (Part III)
$341,721,247

Program services were 99.9% 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

    $960,623,947

  • 1g · Noncash contributions included above

    $903,560,362

  • 3 · Investment income

    total $1,688,129 · excluded $1,688,129

  • 6a · Gross rents

    real property $37,018

  • 6b · Less rental expenses

    real property $2,725

  • 6c · Rental income or loss

    real property $34,293

  • 6d · Net rental income or loss

    total $34,293 · excluded $34,293

  • 7a · Gross sales of assets other than inventory

    securities $89,201,529

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

    securities $214,537,838

  • 7c · Gain or loss

    securities -$125,336,309

  • 7d · Net gain or loss

    total -$125,336,309 · excluded -$125,336,309

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $337,472,686 · program services $337,472,686

  • 11a · Fees: management

    total $594,687 · program services $384,892 · management and general $205,478 · fundraising $4,317

  • 11b · Fees: legal

    total $794 · program services $651 · management and general $137 · fundraising $6

  • 13 · Office expenses

    total $16,054 · program services $13,164 · management and general $2,773 · fundraising $117

  • 16 · Occupancy

    total $109,094 · program services $89,457 · management and general $18,845 · fundraising $792

  • 23 · Insurance

    total $135,876 · program services $111,419 · management and general $23,472 · fundraising $985

  • 24a · Other expenses: TAXES AND REGISTRATION

    total $1,395 · program services $1,144 · management and general $241 · fundraising $10

  • 24b · Other expenses: DUES AND SUBSCRIPTIONS

    total $80 · program services $66 · management and general $14

  • 24c · Other expenses: UNRELATED BUSINESS INCOME TAX

    total $3,647,768 · program services $3,647,768

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,113,482 · end of year $2,657,538

  • 2 · Savings and temporary cash investments

    beginning of year $4,128,430 · end of year $34,384,376

  • 4 · Accounts receivable

    beginning of year $187,225

  • 7 · Other notes and loans receivable

    beginning of year $49,365 · end of year $98,733,872

  • 9 · Prepaid expenses and deferred charges

    end of year $104,663

  • 11 · Investments: publicly traded securities

    beginning of year $42,079,827 · end of year $135,586,370

  • 12 · Investments: other securities

    beginning of year $3,506,681 · end of year $3,707,254

  • 15 · Other assets

    beginning of year $1,109,334,783 · end of year $1,373,369,733

  • 17 · Accounts payable and accrued expenses

    beginning of year $37,072,402 · end of year $20,173,669

  • 18 · Grants payable

    end of year $10,011,120

  • 27 · Net assets without donor restrictions

    beginning of year $1,123,327,391 · end of year $1,618,359,017

  • 28 · Net assets with donor restrictions

    beginning of year $0 · end of year $0

  • 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 $0 · end of year $0

Mission and programs · 2023

Mission

DECHOMAI NBSP;ASSET NBSP;TRUST NBSP;IS NBSP;A NBSP;TYPE NBSP;I NBSP;SUPPORTING NBSP;ORGANIZATION NBSP;WHICH NBSP;RECEIVES NBSP;MANAGES NBSP;AND NBSP;LIQUIDATES NBSP;NONCASH NBSP;CONTRIBUTIONS NBSP;TO NBSP;DONOR NBSP;ADVISED NBSP;FUNDS NBSP;BENEFITING NBSP;DECHOMAI NBSP;FOUNDATION NBSP;INC NBSP;EIN NBSP;06-1676688 NBSP;AND NBSP;ITS NBSP;CHARITABLE NBSP;PURPOSES

Activities or mission (Part I)

DECHOMAI ASSET TRUST IS A TYPE I SUPPORTING ORGANIZATION WHICH RECEIVES, MANAGES, AND LIQUIDATES NONCASH CONTRIBUTIONS TO DONOR ADVISED FUNDS BENEFITING DECHOMAI FOUNDATION INC, EIN 06-1676688, AND ITS CHARITABLE PURPOSES.

  • RECEIPT AND MANAGEMENT OF NONCASH CONTRIBUTIONS FOR DECHOMAI FOUNDATION INC

    Expenses $341,721,247 · Grants $337,472,686 · Revenue $837,010,060

As filed on the 2023 return.

Listed in Part VII

  • GREG DYER

    BOARD PRESIDENT

    Total calculated
    $0
    Hours/week
    1 + 2 related

  • STEVE VANSANDT

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 2 related

  • JOSEPH TOMBS

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 2 related

  • RYAN RAFFIN

    TRUSTEE NONVOTING

    Total calculated
    $0
    Hours/week
    5 + 25 related

  • GARY SNERSON

    TRUSTEE NONVOTING

    Total calculated
    $0
    Hours/week
    5 + 25 related

  • BRYAN CLONTZ

    BOARD SECRETARY NONVOTING

    Total calculated
    $0
    Hours/week
    5 + 25 related

  • SHANNON COFIELD

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 2 related

  • ANNE JOSEY

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 2 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.

Grants 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.

Provenance

Return type
form_990
Tax year
2023
Filed
31 August 2023
IRS schema version
2023v5.1
Source object
202413199349316041

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