Totals
- Total revenue
- $335,129
- Total expenses
- $336,513
- Contributions and grants received
- $335,000
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $129
- Other revenue
- $0
- Total assets, end of year
- $88,266
- Total liabilities, end of year
- $89,650
- Net assets or fund balances, end of year
- -$1,384
- Program services expenses (Part IX)
- $255,383
- Management and general expenses
- $56,243
- Fundraising expenses
- $24,887
- Program service expenses (Part III)
- $255,383
Program services were 75.9% 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.
-
1a · Federated campaigns
$0
-
1b · Membership dues
$0
-
1c · Fundraising events
$0
-
1d · Related organizations
$0
-
1e · Government grants (contributions)
$0
-
1f · All other contributions, gifts and grants
$335,000
-
1g · Noncash contributions included above
$0
-
3 · Investment income
total $129 · related or exempt $129 · unrelated business $0 · excluded $0
-
4 · Income from investment of tax-exempt bond proceeds
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
5 · Royalties
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
6c · Rental income or loss
real property $0 · personal property $0
-
7c · Gain or loss
securities $0 · other assets $0
-
8a · Fundraising events: contributions included on line 1c
$0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $200,000 · program services $160,000 · management and general $20,000 · fundraising $20,000
-
10 · Payroll taxes
total $12,965 · program services $10,371 · management and general $1,297 · fundraising $1,297
-
11a · Fees: management
total $57,554 · program services $57,554
-
11b · Fees: legal
total $600 · management and general $600
-
11c · Fees: accounting
total $4,226 · management and general $4,226
-
12 · Advertising and promotion
total $10,846 · program services $5,000 · management and general $2,256 · fundraising $3,590
-
13 · Office expenses
total $9,155 · management and general $9,155
-
14 · Information technology
total $22,458 · program services $22,458
-
16 · Occupancy
total $1,285 · management and general $1,285
-
17 · Travel
total $14,579 · management and general $14,579
-
19 · Conferences, conventions and meetings
total $2,845 · management and general $2,845
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $0 · end of year $2,087
-
2 · Savings and temporary cash investments
beginning of year $0 · end of year $26,179
-
3 · Pledges and grants receivable
beginning of year $0 · end of year $60,000
-
4 · Accounts receivable
beginning of year $0 · end of year $0
-
5 · Loans and receivables from officers and key people
beginning of year $0 · end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $0 · end of year $20,943
-
22 · Loans and payables to officers and key people
end of year $68,707
-
27 · Net assets without donor restrictions
beginning of year $0 · end of year -$1,384
-
28 · Net assets with donor restrictions
beginning of year $0 · end of year $0
Mission and programs · 2023
Mission
SaltExchange is a dynamic community of philanthropists united to tackle the world's toughest challenges through radical collective action. By harnessing the power of peer learning, research, data, and technology, we analyze ecosystems, uncover critical insights into national and local trends, and identify key stakeholders. These insights empower philanthropists to understand complex issues and, through a coordinated approach, strategically resource activities that drive transformative change. Together, we are breaking down barriers and inefficiencies to create a lasting impact that reverberates through communities far and wide.
Activities or mission (Part I)
SaltExchange is a dynamic community of philanthropists united to tackle the world's toughest challenges through radical collective action.
-
SaltExchange has achieved significant milestones while continuing to grow our vibrant community of philanthropists. We hosted seven philanthropic gatherings, including impactful discussions at our monthly meetings and book clubs, fostering collaboration and collective action. Our commitment to driving change is evident in the development and distribution of key reports addressing natural disasters and critical global issues such as the Commercial Sexual Exploitation of Children. Additionally, we enhanced our website to improve functionality and user experience, integrating powerful tools like ecosystem and network maps. These achievements are a testament to the power of unity and our shared dedication to creating lasting, positive change.
Expenses $255,383 · Revenue $335,000
As filed on the 2023 return.
Listed in Part VII
-
Johanna Sheridan
CEO
- Total calculated
- $200,000
- From this org
- $200,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $200,000
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $200,000
-
Kenneth Kroner
Director
- Total calculated
- $0
- Hours/week
- 2
-
David Gant Elmore Jr
Director
- Total calculated
- $0
- Hours/week
- 2
-
Susan Ibarguen
Director
- Total calculated
- $0
- Hours/week
- 2
-
Hee-Jung Moon
Director
- Total calculated
- $0
- Hours/week
- 2
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
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
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
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.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 15 November 2024
- IRS schema version
- 2023v5.0
- Source object
- 202423209349312762
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.