Skip to content
Nonprofiteer
← 50CAN INC

Form 990 for tax year 2023

Filed by 50CAN INC.

Totals

Total revenue
$80,614,407
Total expenses
$74,177,633
Contributions and grants received
$75,971,332
Grants paid
$55,805,582
Program service revenue
$4,442,879
Investment income
$199,950
Other revenue
$246
Total assets, end of year
$19,850,307
Total liabilities, end of year
$1,883,287
Net assets or fund balances, end of year
$17,967,020
Program services expenses (Part IX)
$69,666,993
Management and general expenses
$4,250,205
Fundraising expenses
$260,435
Program service expenses (Part III)
$69,666,993

Program services were 93.9% 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

    $75,971,332

  • 2a · Program service revenue: FISCAL SPONSORSHIPS

    total $4,442,879 · related or exempt $4,442,879

  • 3 · Investment income

    total $199,950 · excluded $199,950

  • 11a · Other revenue: MISC. REVENUE

    total $246 · excluded $246

  • 11e · Other revenue, total

    $246

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $55,805,582 · program services $55,805,582

  • 5 · Compensation of officers, directors and key employees

    total $917,498 · program services $549,548 · management and general $183,500 · fundraising $184,450

  • 6 · Compensation of disqualified persons

    total $280,351 · program services $191,111 · management and general $80,934 · fundraising $8,306

  • 7 · Other salaries and wages

    total $5,666,643 · program services $3,933,166 · management and general $1,710,696 · fundraising $22,781

  • 8 · Pension plan contributions

    total $218,341 · program services $152,206 · management and general $66,135

  • 9 · Other employee benefits

    total $564,807 · program services $387,252 · management and general $165,955 · fundraising $11,600

  • 10 · Payroll taxes

    total $530,331 · program services $361,519 · management and general $153,100 · fundraising $15,712

  • 11b · Fees: legal

    total $89,662 · program services $25,558 · management and general $64,104

  • 11c · Fees: accounting

    total $41,426 · program services $920 · management and general $40,506

  • 11d · Fees: lobbying

    total $531,040 · program services $531,040

  • 11e · Fees: professional fundraising services

    total $8,529 · fundraising $8,529

  • 11g · Fees: other

    total $7,611,874 · program services $6,592,694 · management and general $1,011,763 · fundraising $7,417

  • 12 · Advertising and promotion

    total $320,994 · program services $309,626 · management and general $11,368

  • 13 · Office expenses

    total $320,124 · program services $212,679 · management and general $106,946 · fundraising $499

  • 14 · Information technology

    total $396,552 · program services $71,796 · management and general $324,756

  • 16 · Occupancy

    total $93,155 · program services $40,876 · management and general $52,279

  • 17 · Travel

    total $528,295 · program services $345,204 · management and general $182,019 · fundraising $1,072

  • 19 · Conferences, conventions and meetings

    total $141,259 · program services $127,700 · management and general $13,559

  • 20 · Interest

    total $2,831 · program services $2,831

  • 22 · Depreciation, depletion and amortization

    total $563 · management and general $563

  • 23 · Insurance

    total $57,167 · program services $1,491 · management and general $55,676

  • 24a · Other expenses: STAFF DEVELOPMENT

    total $30,251 · program services $3,836 · management and general $26,346 · fundraising $69

  • 24b · Other expenses: MISCELLANOUS EXPENSES

    total $20,358 · program services $20,358

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $9,202,909 · end of year $12,867,796

  • 3 · Pledges and grants receivable

    beginning of year $2,165,597 · end of year $5,639,704

  • 8 · Inventories for sale or use

    beginning of year $15,360 · end of year $15,225

  • 9 · Prepaid expenses and deferred charges

    beginning of year $49,538 · end of year $95,346

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

    $264,646

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

    $264,646

  • 10c · Land, buildings and equipment, net

    beginning of year $563 · end of year $0

  • 11 · Investments: publicly traded securities

    beginning of year $68,455 · end of year $164,165

  • 15 · Other assets

    beginning of year $634,760 · end of year $1,068,071

  • 17 · Accounts payable and accrued expenses

    beginning of year $418,917 · end of year $1,426,512

  • 25 · Other liabilities

    beginning of year $188,019 · end of year $456,775

  • 27 · Net assets without donor restrictions

    beginning of year $4,085,903 · end of year $4,664,317

  • 28 · Net assets with donor restrictions

    beginning of year $7,444,343 · end of year $13,302,703

Mission and programs · 2023

Mission

50CAN IS ORGANIZED FOR THE PURPOSE OF IMPROVING THE QUALITY OF PUBLIC EDUCATION IN THE UNITED STATES OF AMERICA. IT DOES SO THROUGH THE CREATION AND MANAGEMENT OF STATE-BASED EDUCATIONAL ADVOCACY CAMPAIGNS, FELLOWSHIPS FOR COMMUNICATORS AND CHANGE MAKERS, SUPPORT OF EDUCATIONAL INNOVATORS AND ENTREPRENEURS AND PROVIDING RESOURCES AND RESEARCH ON EFFECTIVE ADVOCACY.

Activities or mission (Part I)

50CAN, INC. IS A NOT-FOR-PROFIT ORGANIZATION COMMITTED TO BUILDING THE FUTURE OF AMERICAN EDUCATION BY DELIVERING ON FIVE CORE PROMISES TO THE COUNTRY'S CHILDREN.

  • FISCAL SPONSORSHIPS50CAN OFFERS FISCAL SPONSORSHIP SERVICES TO PARTNER ORGANIZATIONS THAT WORK WITHIN THE ORGANIZATION'S BELIEVE IN BETTER POLICY FRAMEWORK. TO DATE, THESE RELATIONSHIPS HAVE BEEN OFFERED TO NEW ORGANIZATIONS AWAITING INDEPENDENT 501(C)(3) STATUS OR TO THOSE WHO WANT TO UTILIZE 50CAN'S FINANCIAL AND ADMINISTRATIVE MANAGEMENT.

    Expenses $61,240,126 · Grants $55,805,582 · Revenue $4,442,879

  • ADVOCATE FOR POLICY CHANGE50CAN'S EXPERT STAFF TEAMS UP WITH LOCAL ADVOCACY LEADERS TO DEVELOP AND ENACT STUDENT AND FAMILY-CENTERED POLICY CHANGE.

    Expenses $5,167,028

  • COMMUNICATIONS & MOBILIZATION50CAN HELPS LOCAL LEADERS CREATE A MOVEMENT OF INFORMED CITIZENS THROUGH MEDIA WORK, E-ADVOCACY, PUBLICATIONS, GRAPHIC DESIGN, PARTNERSHIPS WITH LIKE-MINDED CIVIC AND COMMUNITY GROUPS, PHONE BANKS, PETITIONS AND RALLIES. AS A RESULT, 50CAN LEADERS ARE FREQUENTLY FEATURED IN TELEVISION, ONLINE AND PRINT.

    Expenses $3,259,839

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

Listed in Part VII

  • MARC MAGEE

    CEO & TREASURER

    Total calculated
    $380,200
    From this org
    $345,586
    From related orgs
    $0
    Other
    $34,614
    Hours/week
    40 + 10 related

    Schedule J breakdown matched by us

    Base
    $345,586
    Bonus
    $0
    Other
    $0
    Deferred
    $16,500
    Nontaxable benefits
    $18,114
    Filer's total
    $380,200

  • MICHAEL PHILLIPS

    CHAIR

    Total calculated
    $0
    Hours/week
    1

  • ANN BOROWIEC

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • CAMPBELL BROWN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • KATHERINE HALEY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • DEEPA JAVERI

    DIRECTOR, THRU DEC. 2023

    Total calculated
    $0
    Hours/week
    1

  • ROLAND MARTIN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • LISA GRAHAM KEEGAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1.25 related

  • ANDREW SCHWEDEL

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • DACIA TOLL

    DIRECTOR, THRU JULY 2023

    Total calculated
    $0
    Hours/week
    1

  • DERRICK DIGGS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • DERRELL BRADFORD

    PRESIDENT

    Total calculated
    $290,172
    From this org
    $275,034
    From related orgs
    $0
    Other
    $15,138
    Hours/week
    40 + 10 related

    Schedule J breakdown matched by us

    Base
    $273,034
    Bonus
    $2,000
    Other
    $0
    Deferred
    $13,776
    Nontaxable benefits
    $1,362
    Filer's total
    $290,172

  • JONATHAN NIKKILA

    EXECUTIVE VICE PRESIDENT

    Total calculated
    $247,126
    From this org
    $218,454
    From related orgs
    $0
    Other
    $28,672
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $215,954
    Bonus
    $2,000
    Other
    $500
    Deferred
    $11,072
    Nontaxable benefits
    $17,600
    Filer's total
    $247,126

  • SEAN ANDERSEN

    SENIOR ADVISOR

    Total calculated
    $299,716
    From this org
    $279,158
    From related orgs
    $0
    Other
    $20,558
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $279,158
    Bonus
    $0
    Other
    $0
    Deferred
    $9,410
    Nontaxable benefits
    $11,148
    Filer's total
    $299,716

  • RESHMA SINGH

    SENIOR ADVISOR

    Total calculated
    $318,615
    From this org
    $280,915
    From related orgs
    $0
    Other
    $37,700
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $280,915
    Bonus
    $0
    Other
    $0
    Deferred
    $14,483
    Nontaxable benefits
    $23,217
    Filer's total
    $318,615

  • BEN AUSTIN

    EXECUTIVE DIRECTOR OF ECRN

    Total calculated
    $319,211
    From this org
    $272,820
    From related orgs
    $0
    Other
    $46,391
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $272,820
    Bonus
    $0
    Other
    $0
    Deferred
    $13,147
    Nontaxable benefits
    $33,244
    Filer's total
    $319,211

  • PAULA WHITE

    EXECUTIVE DIRECTOR

    Total calculated
    $234,623
    From this org
    $229,740
    From related orgs
    $0
    Other
    $4,883
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $227,740
    Bonus
    $2,000
    Other
    $0
    Deferred
    $1,958
    Nontaxable benefits
    $2,925
    Filer's total
    $234,623

  • KELLI DRAGO BOTTGER

    EXECUTIVE DIRECTOR

    Total calculated
    $234,300
    From this org
    $205,767
    From related orgs
    $0
    Other
    $28,533
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $203,767
    Bonus
    $2,000
    Other
    $0
    Deferred
    $9,493
    Nontaxable benefits
    $19,040
    Filer's total
    $234,300

  • MICHELE MASON

    FORMER COO

    Total calculated
    $280,128
    From this org
    $280,128
    From related orgs
    $0
    Other
    $0
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $0
    Other
    $280,128
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $280,128

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 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4a · Severance or change-of-control payment
  • 7 · Other non-fixed payments

Answered no

  • 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 4A
DURING THE YEAR, THE ORGANIZATION MADE A PAYMENT TO THE FORMER CHIEF OPERATING OFFICER (COO) UPON THEIR DEPARTURE. THE TOTAL AMOUNT PAID IN CONNECTION WITH THIS ARRANGEMENT WAS $280,128. THIS AMOUNT INCLUDES SEVERANCE BENEFITS CONSISTENT WITH THE TERMS OF THE FORMER COO'S EMPLOYMENT AGREEMENT.
PART I, LINE 7
THE ORGANIZATION PAID BOARD APPROVED DISCRETIONARY BONUSES TO CERTAIN INDIVIDUALS LISTED IN PART II AS REPORTED IN COLUMN B(II), ROW (I) FOR THE APPLICABLE INDIVIDUALS.

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
2023
Filed
15 November 2024
IRS schema version
2023v5.1
Source object
202423209349329007

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.