Form 990 for tax year 2023
Filed by CEO LEADERSHIP ALLIANCE ORANGE COUNTY.
Totals
- Total revenue
- $2,799,266
- Total expenses
- $2,706,738
- Contributions and grants received
- $2,796,840
- Grants paid
- $104,891
- Program service revenue
- $0
- Investment income
- $2,426
- Other revenue
- $0
- Total assets, end of year
- $692,816
- Total liabilities, end of year
- $459,832
- Net assets or fund balances, end of year
- $232,984
- Program services expenses (Part IX)
- $2,098,973
- Management and general expenses
- $313,965
- Fundraising expenses
- $293,800
- Program service expenses (Part III)
- $2,098,973
Program services were 77.5% 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.
-
1e · Government grants (contributions)
$278,265
-
1f · All other contributions, gifts and grants
$2,518,575
-
3 · Investment income
total $2,426 · excluded $2,426
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $104,891 · program services $104,891
-
5 · Compensation of officers, directors and key employees
total $385,788 · program services $300,488 · management and general $48,566 · fundraising $36,734
-
7 · Other salaries and wages
total $808,538 · program services $629,764 · management and general $101,786 · fundraising $76,988
-
8 · Pension plan contributions
total $55,284 · program services $43,060 · management and general $6,960 · fundraising $5,264
-
9 · Other employee benefits
total $100,262 · program services $78,092 · management and general $12,622 · fundraising $9,548
-
10 · Payroll taxes
total $67,784 · program services $52,797 · management and general $8,533 · fundraising $6,454
-
11b · Fees: legal
total $8,215 · management and general $8,215
-
11c · Fees: accounting
total $36,499 · management and general $36,499
-
11g · Fees: other
total $741,615 · program services $579,404 · management and general $57,833 · fundraising $104,378
-
12 · Advertising and promotion
total $176,346 · program services $118,745 · management and general $12,729 · fundraising $44,872
-
13 · Office expenses
total $4,704 · program services $3,246 · management and general $1,071 · fundraising $387
-
14 · Information technology
total $12,246 · program services $4,073 · management and general $8,173
-
17 · Travel
total $29,470 · program services $22,954 · management and general $3,710 · fundraising $2,806
-
19 · Conferences, conventions and meetings
total $7,070 · program services $4,128 · management and general $1,675 · fundraising $1,267
-
20 · Interest
total $1,800 · management and general $1,800
-
23 · Insurance
total $1,075 · management and general $1,075
-
24a · Other expenses: PROGRAM EVENTS
total $158,464 · program services $152,710 · management and general $1,217 · fundraising $4,537
-
24b · Other expenses: VEHICLE EXPENSES
total $3,736 · program services $2,910 · management and general $470 · fundraising $356
-
24c · Other expenses: MEMBERSHIPS AND SUBSCRI
total $2,197 · program services $1,711 · management and general $277 · fundraising $209
-
24d · Other expenses: MISCELLANEOUS EXPENSES
total $754 · management and general $754
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $334,870 · end of year $322,396
-
2 · Savings and temporary cash investments
beginning of year $0 · end of year $252,420
-
3 · Pledges and grants receivable
beginning of year $215,000 · end of year $118,000
-
17 · Accounts payable and accrued expenses
beginning of year $59,414 · end of year $100,753
-
24 · Unsecured notes and loans payable
beginning of year $50,000 · end of year $0
-
25 · Other liabilities
beginning of year $300,000 · end of year $359,079
-
27 · Net assets without donor restrictions
beginning of year $55,456 · end of year $35,649
-
28 · Net assets with donor restrictions
beginning of year $85,000 · end of year $197,335
Mission and programs · 2023
Mission
THE MISSION OF CEO LEADERSHIP ALLIANCE ORANGE COUNTY (CLAOC) IS TO CREATE AN INCLUSIVE, PREMIER INNOVATION ECOSYSTEM IN ORANGE COUNTY WITH A FOCUS ON TALENT AND CAPITAL.
Activities or mission (Part I)
TO CREATE AN INCLUSIVE, PREMIER INNOVATION ECOSYSTEM IN OC WITH A FOCUS ON TALENT AND CAPITAL.
-
CAREER EXPLORATION EXPERIENCE (MICRO-INTERNSHIPS): THIS INITIATIVE ALLOWS HIGH SCHOOL, COMMUNITY COLLEGE, AND UNIVERSITY STUDENTS TO GAIN ON-THE-JOB EXPERIENCE WITH ORANGE COUNTY COMPANIES, ULTIMATELY ENABLING THEM TO SECURE HIGHER-PAYING JOBS IN OC.PROGRAM ACCOMPLISHMENTS - 180% GROWTH IN CLAOC'S CEE INTERNSHIPS DURING THE PAST 2 YEARS, WITH 14 HOST BUSINESSES IN 2023. 400 HIGH SCHOOL AND UNIVERSITY STUDENTS COMPLETED CEES SINCE 2022, EARNING $160,000 IN STUDENT STIPENDS.
Expenses $1,049,485 · Grants $104,891
-
NATIONAL TALENT COLLABORATIVE: THE NATIONAL TALENT COLLABORATIVE IS A UNIQUE CONSORTIUM OF REGIONAL LEADERS OF BUSINESS-ENGAGED ORGANIZATIONS WITH A SHARED COMMITMENT TO TALENT AND WORKFORCE DEVELOPMENT ACROSS THE UNITED STATES. THESE REGIONAL LEADERS MEET REGULARLY TO SHARE BEST PRACTICES AND TO EXPLORE FURTHER COLLABORATION, SUCH AS SHARING COMMON DATA PLATFORMS, SPEAKING WITH A COLLECTIVE VOICE, AND WORKING TOGETHER TO DRIVE BROAD-SCALE, SYSTEMIC CHANGE ACROSS THE COUNTRY.
Expenses $402,600
-
AI TALENT LAB: WITH A CLEAR FOCUS ON RACIAL AND GENDER DIVERSITY, WE BRING TOGETHER CIVIC AND BUSINESS LEADERS, AI-FOCUSED ENTREPRENEURS, AND EDUCATION ORGANIZATIONS TO CULTIVATE AND RECRUIT THE DIVERSE TALENT NEEDED NOW AND IN THE FUTURE TO SUPPORT A ROBUST AI-INFUSED ECONOMY IN OC.PROGRAM ACCOMPLISHMENTS: 300 STUDENTS AND STAKEHOLDERS COMPLETED NEW AI LEARNING EXPERIENCES AND ATTENDED CLAOC AI EVENTS.
Expenses $352,212
-
OC FELLOWS: DESIGNED TO DEVELOP AND RETAIN EMERGING BUSINESS LEADERS IN ORANGE COUNTY, THE TWO-YEAR LEADERSHIP DEVELOPMENT PROGRAM SUPPORTS RECENT UNIVERSITY GRADUATES EMPLOYED IN AN OC COMPANY. THE OC FELLOWS PROGRAM PROVIDES SKILL-BUILDING AND NETWORKING OPPORTUNITIES TO STRENGTHEN CONNECTIONS TO OC LEADERS, COMPANIES, AND JOB OPPORTUNITIES.PROGRAM ACCOMPLISHMENTS - 90+% OF 120 CURRENT AND PAST OC FELLOWS ALUMNI ARE STILL EMPLOYED IN OC. 4TH AND LARGEST COHORT OF OC FELLOWS LAUNCHED.
Expenses $294,676
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Mark PercyMARK PERCY
CEO & PRESIDENT
- Total calculated
- $385,788
- From this org
- $347,813
- From related orgs
- $0
- Other
- $37,975
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $347,813
- Bonus
- $0
- Other
- $0
- Deferred
- $28,474
- Nontaxable benefits
- $9,501
- Filer's total
- $385,788
-
Annette WalkerANNETTE WALKER
CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Edward MoraEDWARD MORA
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Douglas WilsonDOUGLAS WILSON
CO-FOUNDER
- Total calculated
- $0
- Hours/week
- 1
-
Richard GochnauerRICHARD GOCHNAUER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Brett WallBRETT WALL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Daveen ChopraDAVEEN CHOPRA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Darryl ButtonDARRYL BUTTON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Kim LetchKIM LETCH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Lindsey SpindleLINDSEY SPINDLE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Emmanuel RomanEMMANUEL ROMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Yasmin PachnandaYASMIN PACHNANDA
SVP
- Total calculated
- $334,238
- From this org
- $284,740
- From related orgs
- $0
- Other
- $49,498
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $284,740
- Bonus
- $0
- Other
- $0
- Deferred
- $28,474
- Nontaxable benefits
- $21,024
- Filer's total
- $334,238
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 · Independent compensation consultant
- 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
The filer's explanations (Part III)
- PART I, LINE 3
- RESEARCH OF COMPARABLE SALARIES IS COMPLETED ANNUALLY BY THE BOARD SECRETARY FOR THE CEO & PRESIDENT, COO, AND THE HIGHLY COMPENSATED EMPLOYEES. THERE IS A WRITTEN AGREEMENT FOR THE CEO & PRESIDENT'S COMPENSATION.
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
- 5 October 2024
- IRS schema version
- 2023v5.1
- Source object
- 202442819349302274
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