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Nonprofiteer
← FIRSTDAY FOUNDATION

Form 990 for tax year 2023

Filed by FIRSTDAY FOUNDATION.

Totals

Total revenue
$67,463,542
Total expenses
$64,593,963
Contributions and grants received
$362,653
Grants paid
$15,919,187
Program service revenue
$43,213,833
Investment income
$21,427,706
Other revenue
$2,459,350
Total assets, end of year
$868,091,590
Total liabilities, end of year
$6,251,175
Net assets or fund balances, end of year
$861,840,415
Program services expenses (Part IX)
$63,159,732
Management and general expenses
$0
Fundraising expenses
$1,434,231
Program service expenses (Part III)
$63,159,732

Program services were 97.8% 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.

  • 1f · All other contributions, gifts and grants

    $362,653

  • 2a · Program service revenue: INDIRECT EXPENSE REIMBURSEMENTS

    total $41,879,103 · related or exempt $41,879,103

  • 2b · Program service revenue: RENT FROM AFFILIATED EXEMPT ORGANIZATION

    total $651,945 · related or exempt $651,945

  • 2c · Program service revenue: INTERNAL PHONE REVENUE

    total $682,785 · related or exempt $682,785

  • 2f · All other program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $22,464,551 · excluded $22,464,551

  • 5 · Royalties

    total $268,083 · excluded $268,083

  • 6a · Gross rents

    real property $717,435

  • 6c · Rental income or loss

    real property $717,435 · personal property $0

  • 6d · Net rental income or loss

    total $717,435 · excluded $717,435

  • 7b · Less cost or other basis and sales expenses

    securities $1,036,845

  • 7c · Gain or loss

    securities -$1,036,845 · other assets $0

  • 7d · Net gain or loss

    total -$1,036,845 · excluded -$1,036,845

  • 11a · Other revenue: Other Income

    total $1,473,832 · excluded $1,473,832

  • 11d · All other revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $1,473,832

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $15,911,772 · program services $15,911,772

  • 2 · Grants to domestic individuals

    total $7,415 · program services $7,415

  • 5 · Compensation of officers, directors and key employees

    total $3,254,776 · program services $3,128,329 · fundraising $126,447

  • 7 · Other salaries and wages

    total $15,193,750 · program services $14,603,476 · fundraising $590,274

  • 8 · Pension plan contributions

    total $579,321 · program services $558,038 · fundraising $21,283

  • 9 · Other employee benefits

    total $1,298,914 · program services $1,243,181 · fundraising $55,733

  • 10 · Payroll taxes

    total $1,348,098 · program services $1,293,474 · fundraising $54,624

  • 11b · Fees: legal

    total $204,817 · program services $204,817

  • 11c · Fees: accounting

    total $134,670 · program services $134,670

  • 11d · Fees: lobbying

    total $539,639 · program services $539,639

  • 11g · Fees: other

    total $7,828,696 · program services $7,683,211 · management and general $0 · fundraising $145,485

  • 12 · Advertising and promotion

    total $762,972 · program services $754,854 · fundraising $8,118

  • 13 · Office expenses

    total $2,909,796 · program services $2,805,389 · fundraising $104,407

  • 14 · Information technology

    total $6,077,908 · program services $6,008,482 · fundraising $69,426

  • 16 · Occupancy

    total $1,312,351 · program services $1,304,741 · fundraising $7,610

  • 17 · Travel

    total $513,722 · program services $492,094 · fundraising $21,628

  • 19 · Conferences, conventions and meetings

    total $212,425 · program services $178,474 · fundraising $33,951

  • 22 · Depreciation, depletion and amortization

    total $2,327,260 · program services $2,327,260

  • 23 · Insurance

    total $1,402,915 · program services $1,399,661 · fundraising $3,254

  • 24a · Other expenses: REPAIRS & MAINTENANCE

    total $1,364,763 · program services $1,351,461 · fundraising $13,302

  • 24b · Other expenses: MISCELLANEOUS EXPENSE

    total $631,066 · program services $612,966 · fundraising $18,100

  • 24c · Other expenses: FOOD & SUPPLIES

    total $467,145 · program services $455,041 · fundraising $12,104

  • 24d · Other expenses: SPECIAL EVENTS AND APPEALS

    total $309,772 · program services $161,287 · fundraising $148,485

  • 24e · All other expenses

    total $0 · program services $0 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $0 · end of year $31,940

  • 2 · Savings and temporary cash investments

    beginning of year $124,456,054 · end of year $105,069,599

  • 4 · Accounts receivable

    beginning of year $57,452 · end of year $51,776

  • 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 $9,231 · end of year $154,979

  • 9 · Prepaid expenses and deferred charges

    beginning of year $2,841,684 · end of year $4,331,852

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

    $59,729,747

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

    $28,030,139

  • 10c · Land, buildings and equipment, net

    beginning of year $32,300,568 · end of year $31,699,608

  • 11 · Investments: publicly traded securities

    beginning of year $600,451,441 · end of year $690,706,855

  • 12 · Investments: other securities

    beginning of year $4,414,258 · end of year $2,182,491

  • 13 · Investments: program-related

    beginning of year $0

  • 15 · Other assets

    beginning of year $24,179,604 · end of year $33,862,490

  • 17 · Accounts payable and accrued expenses

    beginning of year $4,015,589 · end of year $4,814,684

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $4,056,086 · end of year $1,436,491

  • 27 · Net assets without donor restrictions

    beginning of year $776,292,809 · end of year $857,087,451

  • 28 · Net assets with donor restrictions

    beginning of year $4,345,808 · end of year $4,752,964

Mission and programs · 2023

Mission

FIRSTDAY FOUNDATION SHALL PROVIDE GENERAL ADMINISTRATIVE SUPPORT AND SERVICES TO ORGANIZATIONS WHICH ARE EXEMPT FROM FEDERAL INCOME TAXATION AND DESCRIBED IN THE INTERNAL REVENUE CODE.

Activities or mission (Part I)

FIRSTDAY FOUNDATION PROVIDES SUPPORT TO THE FIRSTDAY FOUNDATION AFFILIATED ORGANIZATIONS IN THEIR EFFORTS TO CARE FOR CHILDREN, ADULTS, AND FAMILIES IN NEED AROUND THE WORLD.

  • THE FIRSTDAY FOUNDATION PROVIDES GENERAL AND ADMINISTRATIVE SUPPORT SERVICES TO PROVIDE EFFICIENT AND EFFECTIVE FISCAL, HUMAN RESOURCE MANAGEMENT, LEGAL, TECHNOLOGY, TALENT AND RECRUITING, REGULATORY AND COMPLIANCE, LEARNING AND DEVELOPMENT, MANAGEMENT AND ADVISORY SERVICES, PROPERTY AND RISK MANAGEMENT, AND MARKETING, BRANDING AND COMMUNICATION SERVICES TO ITS RELATED PARTY ORGANIZATIONS AND OTHER NONPROFIT AGENCIES.

    Expenses $63,159,732 · Grants $15,919,187 · Revenue $43,213,833

As filed on the 2023 return.

Listed in Part VII

  • Alan Griffin

    Treasurer

    Total calculated
    $0
    Hours/week
    1 + 5 related

  • George Cowden III

    Secretary/General Counsel

    Total calculated
    $124,566
    From this org
    $61,610
    From related orgs
    $62,956
    Other
    $0
    Hours/week
    1 + 9 related

  • Lanny Hall

    Chairman

    Total calculated
    $0
    Hours/week
    1 + 7 related

  • Silas Ragsdale

    Vice Chair

    Total calculated
    $0
    Hours/week
    1 + 4 related

  • Carl Register

    Director

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • David Sprouse

    Director

    Total calculated
    $0
    Hours/week
    1 + 4 related

  • Dr Martha Morse

    Director

    Total calculated
    $0
    Hours/week
    1 + 6 related

  • Karen Alexander Simmons

    Director

    Total calculated
    $0
    Hours/week
    1 + 3 related

  • Larry Lummus

    Director

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Les O'Farrell

    Director

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Mark Smith

    Director

    Total calculated
    $0
    Hours/week
    1 + 3 related

  • Matt Orwig

    Director

    Total calculated
    $0
    Hours/week
    1 + 2 related

  • Myra Starkey

    Director

    Total calculated
    $0
    Hours/week
    1 + 7 related

  • Robert K Feather

    Director

    Total calculated
    $0
    Hours/week
    1 + 7 related

  • Robert Ownby Jr

    Director

    Total calculated
    $0
    Hours/week
    1 + 4 related

  • Scott Sharman

    Director

    Total calculated
    $0
    Hours/week
    1 + 3 related

  • Asennet Segura

    Chief Operating Officer

    Total calculated
    $396,457
    From this org
    $339,253
    From related orgs
    $0
    Other
    $57,204
    Hours/week
    40 + 10 related

    Schedule J breakdown matched by us

    Base
    $283,803
    Bonus
    $52,500
    Other
    $2,950
    Deferred
    $43,937
    Nontaxable benefits
    $13,267
    Filer's total
    $396,457

  • Claudia Oliveira

    Chief Financial Officer

    Total calculated
    $457,253
    From this org
    $369,798
    From related orgs
    $0
    Other
    $87,455
    Hours/week
    10 + 40 related

    Schedule J breakdown matched by us

    Base
    $304,651
    Bonus
    $55,000
    Other
    $10,147
    Deferred
    $64,368
    Nontaxable benefits
    $23,087
    Filer's total
    $457,253

  • Kari Bass

    Chief Operating Officer

    Total calculated
    $390,603
    From this org
    $322,131
    From related orgs
    $0
    Other
    $68,472
    Hours/week
    30 + 20 related

    Schedule J breakdown matched by us

    Base
    $255,073
    Bonus
    $50,300
    Other
    $16,758
    Deferred
    $48,278
    Nontaxable benefits
    $20,194
    Filer's total
    $390,603

  • Kevin Dinnin

    President and CEO

    Total calculated
    $1,320,711
    From this org
    $1,237,967
    From related orgs
    $0
    Other
    $82,744
    Hours/week
    10 + 40 related

    Schedule J breakdown matched by us

    Base
    $596,243
    Bonus
    $0
    Other
    $641,724
    Deferred
    $67,243
    Nontaxable benefits
    $15,501
    Filer's total
    $1,320,711

  • David Krimmel

    Exec Vice President/CIO

    Total calculated
    $287,671
    From this org
    $245,885
    From related orgs
    $0
    Other
    $41,786
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $198,559
    Bonus
    $44,800
    Other
    $2,526
    Deferred
    $21,750
    Nontaxable benefits
    $20,036
    Filer's total
    $287,671

  • Karen Thaxton

    Exec Vice President - HR

    Total calculated
    $340,471
    From this org
    $314,643
    From related orgs
    $0
    Other
    $25,828
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $258,753
    Bonus
    $50,000
    Other
    $5,890
    Deferred
    $16,070
    Nontaxable benefits
    $9,758
    Filer's total
    $340,471

  • Beth Wasserstrum

    Legal and Compliance Officer

    Total calculated
    $224,181
    From this org
    $205,973
    From related orgs
    $0
    Other
    $18,208
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $192,052
    Bonus
    $13,000
    Other
    $921
    Deferred
    $11,447
    Nontaxable benefits
    $6,761
    Filer's total
    $224,181

  • David Dauphine

    Deputy Chief Financial Officer

    Total calculated
    $256,727
    From this org
    $249,966
    From related orgs
    $0
    Other
    $6,761
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $231,318
    Bonus
    $17,500
    Other
    $1,148
    Deferred
    $0
    Nontaxable benefits
    $6,761
    Filer's total
    $256,727

  • Floyd Hartsell

    Chief Medical Officer

    Total calculated
    $404,295
    From this org
    $388,113
    From related orgs
    $0
    Other
    $16,182
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $374,755
    Bonus
    $6,500
    Other
    $6,858
    Deferred
    $9,421
    Nontaxable benefits
    $6,761
    Filer's total
    $404,295

  • Robert Rapp

    Exec Vice President- Employment Laws

    Total calculated
    $255,619
    From this org
    $223,688
    From related orgs
    $0
    Other
    $31,931
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $187,527
    Bonus
    $28,300
    Other
    $7,861
    Deferred
    $13,451
    Nontaxable benefits
    $18,480
    Filer's total
    $255,619

  • Trevor Woodruff

    Deputy General Counsel

    Total calculated
    $224,077
    From this org
    $222,062
    From related orgs
    $0
    Other
    $2,015
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $187,468
    Bonus
    $34,000
    Other
    $594
    Deferred
    $0
    Nontaxable benefits
    $2,015
    Filer's total
    $224,077

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 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4b · Supplemental nonqualified retirement plan

Answered no

  • 4a · Severance or change-of-control payment
  • 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)

Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan
KEVIN DINNIN AND CLAUDIA OLIVEIRA PARTICIPATED IN A SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN.

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
21 April 2025
IRS schema version
2023v6.0
Source object
202541119349301419

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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