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Nonprofiteer
← CHILDRENS EQUITY FUND

Form 990 for tax year 2022

Filed by CHILDRENS EQUITY FUND.

Totals

Total revenue
$2,430,629
Total expenses
$4,764,606
Contributions and grants received
$0
Grants paid
$3,720,000
Program services expenses (Part IX)
$3,850,242
Management and general expenses
$914,364
Fundraising expenses
$0
Program service expenses (Part III)
$3,850,242

Program services were 80.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • BARBARA BAINUM

    BOARD DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • SCOTT RENSCHLER

    BOARD DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • BRAD BAINUM

    BOARD DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • DAVID DANIELS

    PRESIDENT

    Total calculated
    $570,671
    From this org
    $51,243
    From related orgs
    $424,561
    Other
    $94,867
    Hours/week
    3 + 37 related

    Schedule J breakdown matched by us

    Base
    $51,243 + $424,561 related
    Bonus
    $0
    Other
    $0
    Deferred
    $2,363 + $70,605 related
    Nontaxable benefits
    $2,329 + $19,570 related
    Filer's total
    $55,935 + $514,736 related

  • ANGELA DEEDS

    TREASURER

    Total calculated
    $263,278
    From this org
    $45,813
    From related orgs
    $183,776
    Other
    $33,689
    Hours/week
    5 + 35 related

    Schedule J breakdown matched by us

    Base
    $45,813 + $183,776 related
    Bonus
    $0
    Other
    $0
    Deferred
    $3,563 + $14,767 related
    Nontaxable benefits
    $3,353 + $12,006 related
    Filer's total
    $52,729 + $210,549 related

  • MAE CHEUNG

    SECRETARY

    Total calculated
    $264,914
    From this org
    $58,077
    From related orgs
    $178,066
    Other
    $28,771
    Hours/week
    10 + 30 related

    Schedule J breakdown matched by us

    Base
    $58,077 + $178,066 related
    Bonus
    $0
    Other
    $0
    Deferred
    $4,627 + $14,556 related
    Nontaxable benefits
    $2,447 + $7,141 related
    Filer's total
    $65,151 + $199,763 related

  • LEILA OTIS

    CFO,RELATED ORGANIZATION

    Total calculated
    $310,240
    From this org
    $13,901
    From related orgs
    $257,080
    Other
    $39,259
    Hours/week
    2 + 38 related

    Schedule J breakdown matched by us

    Base
    $13,901 + $257,080 related
    Bonus
    $0
    Other
    $0
    Deferred
    $965 + $36,006 related
    Nontaxable benefits
    $111 + $2,177 related
    Filer's total
    $14,977 + $295,263 related

  • REBECCA CISEK

    VICE PRESIDENT

    Total calculated
    $242,481
    From this org
    $5,453
    From related orgs
    $220,218
    Other
    $16,810
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $5,453 + $220,218 related
    Bonus
    $0
    Other
    $0
    Deferred
    $109 + $4,431 related
    Nontaxable benefits
    $223 + $12,047 related
    Filer's total
    $5,785 + $236,696 related

  • MARICA COX MITCHELL

    VICE PRESIDENT

    Total calculated
    $260,308
    From this org
    $6,229
    From related orgs
    $218,391
    Other
    $35,688
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $6,229 + $218,391 related
    Bonus
    $0
    Other
    $0
    Deferred
    $311 + $11,143 related
    Nontaxable benefits
    $670 + $23,564 related
    Filer's total
    $7,210 + $253,098 related

  • ANN EGAN

    DIRECTOR,COMMUNICATIONS

    Total calculated
    $201,819
    From this org
    $5,412
    From related orgs
    $159,465
    Other
    $36,942
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $5,412 + $159,465 related
    Bonus
    $0
    Other
    $0
    Deferred
    $424 + $12,927 related
    Nontaxable benefits
    $793 + $22,798 related
    Filer's total
    $6,629 + $195,190 related

  • CLARA NORTHINGTON

    VICE PRESIDENT OF HUMAN RESOURCES

    Total calculated
    $260,714
    From this org
    $10,501
    From related orgs
    $195,327
    Other
    $54,886
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $10,501 + $195,327 related
    Bonus
    $0
    Other
    $0
    Deferred
    $612 + $16,675 related
    Nontaxable benefits
    $1,332 + $36,267 related
    Filer's total
    $12,445 + $248,269 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

  • 3 · Compensation committee
  • 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
THE ORGANIZATION HAS A RESOURCE SHARING AGREEMENT WITH THE BAINUM FAMILY FOUNDATION, A RELATED PARTY. SHARED RESOURCES INCLUDE THE EMPLOYEES AND THE OFFICERS OF THE FOUNDATION. THE FOUNDATION'S COMPENSATION COMMITTEE APPROVES CEO COMPENSATION AND USES COMPARABILITY DATA.

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
15 May 2024
IRS schema version
2022v5.0
Source object
202421369349313762

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.