Totals
- Total revenue
- $42,872,028
- Total expenses
- $11,679,627
- Contributions and grants received
- $42,362,810
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $509,218
- Other revenue
- $0
- Total assets, end of year
- $88,257,653
- Total liabilities, end of year
- $968,146
- Net assets or fund balances, end of year
- $87,289,507
- Program services expenses (Part IX)
- $8,614,880
- Management and general expenses
- $1,441,783
- Fundraising expenses
- $1,622,964
- Program service expenses (Part III)
- $8,614,880
Program services were 73.8% 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)
$230,089
-
1f · All other contributions, gifts and grants
$42,132,721
-
1g · Noncash contributions included above
$83,447
-
3 · Investment income
total $510,785 · excluded $510,785
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6c · Rental income or loss
real property $0 · personal property $0
-
6d · Net rental income or loss
total $0
-
7a · Gross sales of assets other than inventory
other assets $78,272
-
7b · Less cost or other basis and sales expenses
other assets $79,839
-
7c · Gain or loss
other assets -$1,567
-
7d · Net gain or loss
total -$1,567 · excluded -$1,567
-
8a · Fundraising events: gross income
$0
-
8b · Fundraising events: direct expenses
$0
-
8c · Net income from fundraising events
total $0
-
9a · Gaming: gross income
$0
-
9b · Gaming: direct expenses
$0
-
9c · Net income from gaming
total $0
-
10a · Gross sales of inventory
$0
-
10b · Cost of goods sold
$0
-
10c · Net income from sales of inventory
total $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $822,171 · program services $480,759 · management and general $296,639 · fundraising $44,773
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $347,554 · program services $203,229 · management and general $125,398 · fundraising $18,927
-
8 · Pension plan contributions
total $34,087 · program services $19,932 · management and general $12,299 · fundraising $1,856
-
9 · Other employee benefits
total $145,789 · program services $85,249 · management and general $52,600 · fundraising $7,940
-
10 · Payroll taxes
total $160,827 · program services $94,043 · management and general $58,026 · fundraising $8,758
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $272,306 · program services $224,917 · management and general $47,389
-
11c · Fees: accounting
total $78,963 · management and general $78,963
-
11d · Fees: lobbying
total $10,061 · program services $10,061
-
11e · Fees: professional fundraising services
total $1,079,000 · fundraising $1,079,000
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $1,328,361 · program services $607,791 · management and general $390,124 · fundraising $330,446
-
12 · Advertising and promotion
total $18,100 · program services $500 · fundraising $17,600
-
13 · Office expenses
total $201,072 · program services $21,652 · management and general $116,691 · fundraising $62,729
-
14 · Information technology
total $233,885 · program services $126,798 · management and general $57,890 · fundraising $49,197
-
15 · Royalties
total $0
-
16 · Occupancy
total $116,773 · program services $3,000 · management and general $113,773
-
17 · Travel
total $48,611 · program services $22,373 · management and general $24,500 · fundraising $1,738
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $9,930 · program services $9,930
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $161,617 · program services $151,071 · management and general $10,546
-
23 · Insurance
total $56,945 · management and general $56,945
-
24a · Other expenses: COST OF DEBT ABOLISHED
total $5,866,860 · program services $5,866,860
-
24b · Other expenses: MAILING SERVICES
total $686,715 · program services $686,715
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $15,327,967 · end of year $72,617,953
-
2 · Savings and temporary cash investments
beginning of year $38,792,789 · end of year $11,266,214
-
3 · Pledges and grants receivable
beginning of year $258,352 · end of year $159,331
-
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
-
6 · Loans and receivables from disqualified persons
beginning of year $0 · end of year $0
-
7 · Other notes and loans receivable
beginning of year $0 · end of year $0
-
8 · Inventories for sale or use
beginning of year $0 · end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $1,346,698 · end of year $3,373,264
-
10a · Land, buildings and equipment: cost or other basis
$53,104
-
10b · Land, buildings and equipment: accumulated depreciation
$30,366
-
10c · Land, buildings and equipment, net
beginning of year $23,175 · end of year $22,738
-
11 · Investments: publicly traded securities
beginning of year $0 · end of year $0
-
12 · Investments: other securities
beginning of year $0 · end of year $0
-
13 · Investments: program-related
beginning of year $0 · end of year $0
-
14 · Intangible assets
beginning of year $469,238 · end of year $639,155
-
15 · Other assets
beginning of year $286,566 · end of year $178,998
-
17 · Accounts payable and accrued expenses
beginning of year $216,952 · end of year $444,334
-
18 · Grants payable
beginning of year $0 · end of year $0
-
19 · Deferred revenue
beginning of year $0 · end of year $437,692
-
20 · Tax-exempt bond liabilities
beginning of year $0 · end of year $0
-
21 · Escrow or custodial account liability
beginning of year $0 · end of year $0
-
22 · Loans and payables to officers and key people
beginning of year $0 · end of year $0
-
23 · Secured mortgages and notes payable
beginning of year $0 · end of year $0
-
24 · Unsecured notes and loans payable
beginning of year $0 · end of year $0
-
25 · Other liabilities
beginning of year $190,727 · end of year $86,120
-
27 · Net assets without donor restrictions
beginning of year $50,434,168 · end of year $79,591,769
-
28 · Net assets with donor restrictions
beginning of year $5,662,938 · end of year $7,697,738
Mission and programs · 2022
Mission
The mission of the Organization is to end medical debt. (See schedule O)
Activities or mission (Part I)
to end medical debt
-
MEDICAL DEBT RELIEF: LOCATE, ACQUIRE, AND ABOLISH, I.E. RELIEVE, MEDICAL DEBT FOR INDIVIDUALS EARNING 400% OR LESS THAN THE FEDERAL POVERTY LEVEL (RAISED FROM 200% IN MARCH 2022), OR HAVE A MEDICAL DEBT MORE THAN 5% OF ESTIMATED ANNUAL HOUSEHOLD GROSS INCOME.
Expenses $7,777,434
-
TECHNOLOGY INFRASTRUCTURE DEVELOPMENT PROGRAM: RESEARCH, DESIGN, AND DEVELOP TECHNOLOGIES TO DIRECTLY SUPPORT THE ORGANIZATION'S CORE MISSION OF LOCATING, ACQUIRING, AND ABOLISHING MEDICAL DEBT.
Expenses $438,673
-
EDUCATION AND PUBLIC POLICY: ENGAGE IN EFFORTS TO RAISE PUBLIC AWARENESS OF THE ECONOMIC AND SOCIAL EFFECTS OF MEDICAL DEBT. INFORM AND SUPPORT PUBLIC POLICY EFFORTS TO ADDRESS SYSTEMIC CAUSES OF MEDICAL DEBT.
Expenses $341,915
-
MEDICAL DEBT RESEARCH
Expenses $56,858
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Allison SessoALLISON SESSO
CEO & PRESIDENT
- Total calculated
- $313,176
- From this org
- $290,193
- From related orgs
- $0
- Other
- $22,983
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $290,193
- Bonus
- $0
- Other
- $0
- Deferred
- $10,279
- Nontaxable benefits
- $12,704
- Filer's total
- $313,176
-
Ruth LandeRUTH LANDE
VP HOSPITAL RELATIONS
- Total calculated
- $291,619
- From this org
- $261,893
- From related orgs
- $0
- Other
- $29,726
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $246,893
- Bonus
- $15,000
- Other
- $0
- Deferred
- $9,293
- Nontaxable benefits
- $20,433
- Filer's total
- $291,619
-
David ReynoldsDAVID REYNOLDS
VP INFO SYSTEMS
- Total calculated
- $217,376
- From this org
- $200,587
- From related orgs
- $0
- Other
- $16,789
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $200,587
- Bonus
- $0
- Other
- $0
- Deferred
- $7,039
- Nontaxable benefits
- $9,750
- Filer's total
- $217,376
-
Priscilla Thomas-KeithPRISCILLA THOMAS-KEITH
VP PROGRAM MANAGEMENT
- Total calculated
- $180,906
- From this org
- $153,183
- From related orgs
- $0
- Other
- $27,723
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $153,183
- Bonus
- $0
- Other
- $0
- Deferred
- $5,744
- Nontaxable benefits
- $21,979
- Filer's total
- $180,906
-
Charles RussekCHARLES RUSSEK
SENIOR SOFTWARE DEVELOPER
- Total calculated
- $145,519
- From this org
- $133,802
- From related orgs
- $0
- Other
- $11,717
- Hours/week
- 40
-
Jana KnauerovaJANA KNAUEROVA
VP FINANCE & ADMINISTRATION
- Total calculated
- $140,270
- From this org
- $117,891
- From related orgs
- $0
- Other
- $22,379
- Hours/week
- 40
-
Mikel BurroughsMIKEL BURROUGHS
DIRECTOR MILITARY DEBT ACQ.
- Total calculated
- $124,900
- From this org
- $122,500
- From related orgs
- $0
- Other
- $2,400
- Hours/week
- 40
-
Eva Stahl
VP Public Policy
- Total calculated
- $124,718
- From this org
- $120,150
- From related orgs
- $0
- Other
- $4,568
- Hours/week
- 40
-
Craig AnticoCRAIG ANTICO
DEBT OPERATIONS CONSULTANT
- Total calculated
- $34,365
- From this org
- $34,365
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1
Schedule J breakdown matched by us
- Base
- $34,365
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $34,365
-
William Von MuefflingWILLIAM VON MUEFFLING
DIRECTOR & BOARD CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Michele MasucciMICHELE MASUCCI
DIRECTOR & VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Jose PenabadJOSE PENABAD
DIRECTOR & TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Ted SannTED SANN
DIRECTOR & SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Harold Ashton
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Dr Oxiris BarbotDR OXIRIS BARBOT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Robert GoffROBERT GOFF
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jon LindseyJON LINDSEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Elizabeth MarincolaELIZABETH MARINCOLA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Dr Ram RajuDR RAM RAJU
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Magan RayMAGAN RAY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jeff SmedsrudJEFF SMEDSRUD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jonathan WiggsJONATHAN WIGGS
DIRECTOR (FROM 12/2022)
- Total calculated
- $0
- Hours/week
- 1
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 · Compensation committee
- 3 · Independent compensation consultant
- 3 · Form 990 of other organizations
- 3 · Written employment contract
- 3 · Compensation survey or study
- 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)
- SCHEDULE J, PART I, LINE 7:
- RUTH LANDE, NEW VP HOSPITAL RELATIONS, RECEIVED A SECOND PORTION OF HER SIGN-ON BONUS IN MARCH 2022.
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
- 2022
- Filed
- 21 July 2023
- IRS schema version
- 2022v5.0
- Source object
- 202332069349301283
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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