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Nonprofiteer
← FWDUS EDUCATION FUND INC

Form 990 for tax year 2022

Filed by FWDUS EDUCATION FUND INC.

Totals

Total revenue
$4,428,629
Total expenses
$19,432,563
Contributions and grants received
$4,527,000
Grants paid
$7,309,495
Program services expenses (Part IX)
$17,213,257
Management and general expenses
$1,933,493
Fundraising expenses
$285,813
Program service expenses (Part III)
$17,213,257

Program services were 88.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • COREY WIGGINS

    DIRECTOR 01/01/2022 - 3/16/2022

    Total calculated
    $6,318
    From this org
    $2,856
    From related orgs
    $3,462
    Other
    $0
    Hours/week
    3 + 5 related

  • DAVID PLOUFFE

    DIRECTOR 01/01/2022 - 12/31/2022

    Total calculated
    $0
    Hours/week
    2 + 2 related

  • CANDICE JONES

    DIRECTOR 01/01/2022 - 12/31/2022

    Total calculated
    $0
    Hours/week
    4

  • ANDREW PINCUS

    DIRECTOR 01/01/2022 - 12/31/2022

    Total calculated
    $0
    Hours/week
    2 + 4 related

  • ERIKA ROTTENBERG

    DIRECTOR 01/01/2022 - 9/22/2022

    Total calculated
    $0
    Hours/week
    2 + 2 related

  • EMILIANO MARTINEZ

    DIRECTOR 10/10/2022 - 12/31/2022

    Total calculated
    $0
    Hours/week
    2 + 2 related

  • TODD SCHULTE

    PRESIDENT

    Total calculated
    $528,829
    From this org
    $171,588
    From related orgs
    $318,663
    Other
    $38,578
    Hours/week
    18 + 32 related

    Schedule J breakdown matched by us

    Base
    $171,588 + $314,413 related
    Bonus
    $0 + $4,250 related
    Other
    $0
    Deferred
    $3,514 + $6,526 related
    Nontaxable benefits
    $9,988 + $18,550 related
    Filer's total
    $185,090 + $343,739 related

  • SURIN RAMKISSOON

    COO & TREASURER

    Total calculated
    $201,282
    From this org
    $67,593
    From related orgs
    $104,586
    Other
    $29,103
    Hours/week
    16 + 34 related

    Schedule J breakdown matched by us

    Base
    $67,593 + $104,586 related
    Bonus
    $0
    Other
    $0
    Deferred
    $5,030 + $7,783 related
    Nontaxable benefits
    $6,395 + $9,895 related
    Filer's total
    $79,018 + $122,264 related

  • ALIDA GARCIA

    VP OF ADVOCACY & SECRETARY

    Total calculated
    $376,896
    From this org
    $129,193
    From related orgs
    $196,786
    Other
    $50,917
    Hours/week
    20 + 30 related

    Schedule J breakdown matched by us

    Base
    $129,193 + $192,536 related
    Bonus
    $0 + $4,250 related
    Other
    $0
    Deferred
    $8,125 + $12,375 related
    Nontaxable benefits
    $12,055 + $18,362 related
    Filer's total
    $149,373 + $227,523 related

  • BINA SURGEON

    COO & TREASURER

    Total calculated
    $126,211
    From this org
    $43,085
    From related orgs
    $71,632
    Other
    $11,494
    Hours/week
    15 + 25 related

  • ZOE TOWNS

    VP OF CRIMINAL JUSTICE REF

    Total calculated
    $362,677
    From this org
    $114,790
    From related orgs
    $213,179
    Other
    $34,708
    Hours/week
    14 + 26 related

    Schedule J breakdown matched by us

    Base
    $114,790 + $209,929 related
    Bonus
    $0 + $3,250 related
    Other
    $0
    Deferred
    $7,175 + $13,325 related
    Nontaxable benefits
    $4,973 + $9,235 related
    Filer's total
    $126,938 + $235,739 related

  • CHRISTOPHER COGER

    HEAD OF TECHNOLOGY

    Total calculated
    $283,457
    From this org
    $94,700
    From related orgs
    $150,274
    Other
    $38,483
    Hours/week
    15 + 25 related

    Schedule J breakdown matched by us

    Base
    $94,700 + $147,024 related
    Bonus
    $0 + $3,250 related
    Other
    $0
    Deferred
    $6,760 + $10,726 related
    Nontaxable benefits
    $8,117 + $12,880 related
    Filer's total
    $109,577 + $173,880 related

  • TIFFANY LAWRENCE

    CHIEF HR OFFICER

    Total calculated
    $248,572
    From this org
    $83,103
    From related orgs
    $132,008
    Other
    $33,461
    Hours/week
    15 + 25 related

    Schedule J breakdown matched by us

    Base
    $83,103 + $129,758 related
    Bonus
    $0 + $2,250 related
    Other
    $0
    Deferred
    $6,004 + $9,537 related
    Nontaxable benefits
    $6,923 + $10,997 related
    Filer's total
    $96,030 + $152,542 related

  • FELICITY ROSE

    VP CRIMINAL JUSTICE

    Total calculated
    $237,953
    From this org
    $82,286
    From related orgs
    $123,430
    Other
    $32,237
    Hours/week
    16 + 24 related

    Schedule J breakdown matched by us

    Base
    $82,286 + $120,180 related
    Bonus
    $0 + $3,250 related
    Other
    $0
    Deferred
    $7,740 + $11,610 related
    Nontaxable benefits
    $5,155 + $7,732 related
    Filer's total
    $95,181 + $142,772 related

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 — 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

None.

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 II
AS REFLECTED ON SCHEDULE R., FWD.US EDUCATION FUND, INC. SHARES PAID EMPLOYEES WITH FWD.US, INC., A RELATED 501(C)(4) TAX-EXEMPT ORGANIZATION, PURSUANT TO A SHARED SERVICES AGREEMENT BETWEEN THE TWO ORGANIZATIONS. FWD.US, INC. ACTS AS A COMMON PAYMASTER FOR CERTAIN EMPLOYEES OF THE TWO ORGANIZATIONS. CERTAIN EMPLOYEES ALLOCATE THEIR TIME BETWEEN THE TWO ORGANIZATIONS, AND FWD.US EDUCATION FUND, INC. REIMBURSES FWD.US, INC. FOR FWD.US EDUCATION FUND, INC.'S ALLOCABLE SHARE OF SALARY AND BENEFITS EXPENSE. FWD.US EDUCATION FUND, INC. HAS REPORTED THE COMPENSATION AND BENEFITS ATTRIBUTABLE TO IT ON ROW(I) OF THIS SCHEDULE. COMPENSATION ATTRIBUTABLE TO FWD.US, INC. IS REPORTED ON ROW(II) OF THIS SCHEDULE.
PART I LINE 3
FWD.US EDUCATION FUND, INC.'S BOARD OF DIRECTORS REVIEWED AND APPROVED THE PRESIDENT'S SALARY AFTER CONSIDERING EXECUTIVE SALARY LEVELS AT COMPARABLE ORGANIZATIONS.

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
2022
Filed
14 November 2023
IRS schema version
2022v5.0
Source object
202323199349307092

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