Skip to content
Nonprofiteer
← POSTSECONDARY NATIONAL POLICY INSTITUTE

Form 990 for tax year 2022

Filed by POSTSECONDARY NATIONAL POLICY INSTITUTE.

Totals

Total revenue
$362,877
Total expenses
$1,089,657
Contributions and grants received
$306,645
Grants paid
$0
Program service revenue
$56,232
Investment income
$0
Other revenue
$0
Total assets, end of year
$1,130,476
Total liabilities, end of year
$281,007
Net assets or fund balances, end of year
$849,469
Program services expenses (Part IX)
$731,146
Management and general expenses
$312,245
Fundraising expenses
$46,266
Program service expenses (Part III)
$731,146

Program services were 67.1% 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

    $306,645

  • 2a · Program service revenue: CONFERENCES/EVENTS

    total $56,232 · related or exempt $18,232 · excluded $38,000

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $526,075 · program services $369,502 · management and general $125,270 · fundraising $31,303

  • 7 · Other salaries and wages

    total $206,412 · program services $178,969 · management and general $20,331 · fundraising $7,112

  • 8 · Pension plan contributions

    total $7,642 · program services $6,382 · management and general $985 · fundraising $275

  • 9 · Other employee benefits

    total $30,903 · program services $22,587 · management and general $6,738 · fundraising $1,578

  • 10 · Payroll taxes

    total $43,980 · program services $33,621 · management and general $8,369 · fundraising $1,990

  • 11a · Fees: management

    total $120,750 · management and general $120,750

  • 11c · Fees: accounting

    total $3,900 · management and general $3,900

  • 11g · Fees: other

    total $6,299 · program services $1,840 · management and general $2,340 · fundraising $2,119

  • 13 · Office expenses

    total $6,354 · program services $557 · management and general $4,967 · fundraising $830

  • 14 · Information technology

    total $11,650 · program services $1,572 · management and general $10,078

  • 16 · Occupancy

    total $1,631 · management and general $1,631

  • 17 · Travel

    total $17,924 · program services $16,852 · management and general $1,072

  • 19 · Conferences, conventions and meetings

    total $98,338 · program services $95,279 · management and general $2,910 · fundraising $149

  • 23 · Insurance

    total $2,556 · management and general $2,556

  • 24a · Other expenses: HONORARIA AND GIFTS

    total $2,000 · program services $2,000

  • 24b · Other expenses: STAFF TRAINING

    total $1,855 · program services $1,855

  • 24c · Other expenses: DUES AND SUBSCRIPTIONS

    total $1,388 · program services $130 · management and general $348 · fundraising $910

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,370,009 · end of year $1,050,476

  • 3 · Pledges and grants receivable

    beginning of year $434,110 · end of year $75,000

  • 9 · Prepaid expenses and deferred charges

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

  • 15 · Other assets

    beginning of year $229 · end of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $228,099 · end of year $281,007

  • 27 · Net assets without donor restrictions

    beginning of year $1,282,267 · end of year $826,722

  • 28 · Net assets with donor restrictions

    beginning of year $293,982 · end of year $22,747

Mission and programs · 2022

Mission

THE POSTSECONDARY NATIONAL POLICY INSTITUTE (PNPI) PROVIDES CURRENT AND PROSPECTIVE POLICYMAKERS WITH A SUBSTANTIVE AND COLLEGIAL FOUNDATION ON WHICH TO BUILD FEDERAL HIGHER EDUCATION POLICIES THAT DRIVE POSITIVE OUTCOMES FOR STUDENTS AND THEIR FAMILIES.

  • PNPI HOSTED THREE ZOOM BRIEFINGS, AND THREE VIRTUAL TRAININGS. THE TRAININGS FOCUSED ON STUDENT LOAN SERVICING, THE FEDERAL BUDGET PROCESS, AND COLLEGE COST. THE ZOOM BRIEFINGS FOCUSED ON PROGRAM INTEGRITY AND PANDEMIC AID.

    Expenses $394,601

  • PNPI HOSTED THREE RESEARCHER SPOTLIGHTS, TWO VIRTUAL COURSES, AND ONE IN-PERSON COURSE FOR PROSPECTIVE POLICYMAKERS - INDIVIDUALS WHO ARE INTERESTED IN, OR JUST STARTING OUT IN, THE FEDERAL POSTSECONDARY POLICY FIELD.THE VIRTUAL COURSES FOCUSED ON POSTSECONDARY DATA AND FEDERAL STUDENT AID. THE IN-PERSON COURSE FOCUSED ON FEDERAL STUDENT AID. EACH COURSE PROVIDED PARTICIPANTS WITH AN OPPORTUNITY TO EXPAND THEIR CONTENT KNOWLEDGE WHILE NETWORKING WITH OTHERS. THE RESEARCHER SPOTLIGHTS INTRODUCED PARTICIPANTS TO UP-AND-COMING POSTSECONDARY RESEARCHERS.PNPI ALSO HOSTED THREE ALUMNI EVENTS AND AN ALUMNI COURSE; ALL WERE VIRTUAL. THE EVENTS FEATURED A LEGISLATIVE UPDATE BRIEFING AND TWO WORKSHOPS: ONE FOCUSED ON NETWORKING AND ONE ON CREATIVITY SKILLS. THE ALUMNI COURSE PROVIDED SKILLS PRACTICE IN FUNDRAISING. FINALLY, WE HOSTED A LUNCH AND SIX CHECK-IN ZOOMS THROUGHOUT THE YEAR FOR OUR LEADERSHIP COURSE ALUMNI.

    Expenses $123,069 · Revenue $18,232

  • PNPI ALSO SPONSORED A SUMMER SCHOLARS INTERN PROGRAM FOR TWO POSTSECONDARY STUDENTS WITH DEMONSTRATED FINANCIAL NEED. SUMMER SCHOLARS WERE PAID FOR THEIR WORK.

    Expenses $75,416

  • SMALLER MEETINGS WERE HELD WITH HIGHER EDUCATION STAKEHOLDERS AS A MEANS TO EXTEND OUR REACH AND EXPERTISE. PNPI ALSO CREATES AND PUBLISHES SUMMARIES OF POSTSECONDARY RESEARCH, PRIMERS AND MEMOS ON POSTSECONDARY TOPICS, AND POSTSECONDARY FACT SHEETS.

    Expenses $138,060 · Revenue $38,000

As filed on the 2022 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

  • Glen Casey

    MEMBER OF THE BOARD (THROUGH 4/2022)

    Total calculated
    $0
    Hours/week
    0.5

  • Crystal Green

    MEMBER OF THE BOARD (AS OF 5/2022)

    Total calculated
    $0
    Hours/week
    0.5

  • Maryellen McGuire

    PRESIDENT

    Total calculated
    $320,144
    From this org
    $269,177
    From related orgs
    $0
    Other
    $50,967
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $232,488
    Bonus
    $36,689
    Other
    $0
    Deferred
    $15,521
    Nontaxable benefits
    $35,446
    Filer's total
    $320,144

  • Elizabeth Prueter

    CHIEF OF STAFF

    Total calculated
    $196,267
    From this org
    $158,513
    From related orgs
    $0
    Other
    $37,754
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $135,838
    Bonus
    $22,675
    Other
    $0
    Deferred
    $9,131
    Nontaxable benefits
    $28,623
    Filer's total
    $196,267

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 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; 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

  • TELESCOPE FUND

    501(C)(3) · ADMINISTRATION OF DONOR ADVISED FUNDS · DC

    Directly controlled by NEW VENTURE FUND

Provenance

Return type
form_990
Tax year
2022
Filed
28 April 2023
IRS schema version
2022v5.0
Source object
202331189349301323

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

The source document this was parsed from is served over the API, which is where bulk and document access live.