Totals
- Total revenue
- $5,002,721
- Total expenses
- $5,058,811
- Contributions and grants received
- $4,868,402
- Grants paid
- $2,295,469
- Program service revenue
- $134,319
- Investment income
- $0
- Other revenue
- $0
- Total assets, end of year
- $2,642,466
- Total liabilities, end of year
- $527,694
- Net assets or fund balances, end of year
- $2,114,772
- Program services expenses (Part IX)
- $3,590,826
- Management and general expenses
- $987,449
- Fundraising expenses
- $480,536
- Program service expenses (Part III)
- $3,590,826
Program services were 71.0% 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)
$512,000
-
1f · All other contributions, gifts and grants
$4,356,402
-
2a · Program service revenue: SERVICE FEES
total $134,319 · related or exempt $134,319
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $853,295 · program services $853,295
-
2 · Grants to domestic individuals
total $1,442,174 · program services $1,442,174
-
5 · Compensation of officers, directors and key employees
total $293,251 · program services $205,276 · management and general $87,975
-
7 · Other salaries and wages
total $1,384,135 · program services $686,897 · management and general $316,240 · fundraising $380,998
-
8 · Pension plan contributions
total $15,599 · program services $9,491 · management and general $1,880 · fundraising $4,228
-
9 · Other employee benefits
total $191,430 · program services $118,443 · management and general $26,936 · fundraising $46,051
-
10 · Payroll taxes
total $139,080 · program services $73,365 · management and general $33,842 · fundraising $31,873
-
11b · Fees: legal
total $800 · management and general $800
-
11c · Fees: accounting
total $50,205 · management and general $50,205
-
11g · Fees: other
total $104,521 · program services $38,505 · management and general $62,177 · fundraising $3,839
-
12 · Advertising and promotion
total $15,365 · program services $5,957 · management and general $9,108 · fundraising $300
-
13 · Office expenses
total $4,321 · program services $172 · management and general $2,418 · fundraising $1,731
-
14 · Information technology
total $172,674 · program services $42,937 · management and general $125,444 · fundraising $4,293
-
16 · Occupancy
total $48,269 · program services $11,330 · management and general $36,939
-
17 · Travel
total $12,087 · program services $3,414 · management and general $8,294 · fundraising $379
-
19 · Conferences, conventions and meetings
total $31,264 · program services $3,118 · management and general $25,194 · fundraising $2,952
-
20 · Interest
total $14,365 · management and general $14,365
-
22 · Depreciation, depletion and amortization
total $91,909 · program services $12,467 · management and general $79,442
-
23 · Insurance
total $2,583 · management and general $2,583
-
24a · Other expenses: RECRUITING&STAFF DEVEL.
total $99,565 · program services $9,998 · management and general $89,306 · fundraising $261
-
24b · Other expenses: BANK & CREDIT CARD FEES
total $80,096 · program services $73,239 · management and general $6,857
-
24c · Other expenses: PUBLICATIONS & SUBS.
total $6,412 · program services $48 · management and general $2,733 · fundraising $3,631
-
24d · Other expenses: LOSS ON DISPOSAL LAPTOP
total $1,418 · management and general $1,418
-
24e · All other expenses
total $3,993 · program services $700 · management and general $3,293
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,887,605 · end of year $1,742,060
-
2 · Savings and temporary cash investments
beginning of year $0 · end of year $2,963
-
3 · Pledges and grants receivable
beginning of year $402,877 · end of year $782,276
-
9 · Prepaid expenses and deferred charges
beginning of year $43,255 · end of year $23,575
-
10a · Land, buildings and equipment: cost or other basis
$862,105
-
10b · Land, buildings and equipment: accumulated depreciation
$770,513
-
10c · Land, buildings and equipment, net
beginning of year $155,574 · end of year $91,592
-
15 · Other assets
beginning of year $6,640 · end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $148,299 · end of year $109,492
-
19 · Deferred revenue
beginning of year $0 · end of year $261,202
-
23 · Secured mortgages and notes payable
beginning of year $217,000 · end of year $157,000
-
27 · Net assets without donor restrictions
beginning of year -$623,673 · end of year -$75,355
-
28 · Net assets with donor restrictions
beginning of year $2,754,325 · end of year $2,190,127
Mission and programs · 2022
Mission
IOBY MOBILIZES NEIGHBORS WHO HAVE GOOD IDEAS TO BECOME POWERFUL CIVIC LEADERS WHO PLAN, FUND, AND MAKE POSITIVE CHANGE IN THEIR OWN NEIGHBORHOODS.
Activities or mission (Part I)
TO BECOME POWERFUL CIVIC LEADERS WHO PLAN, FUND, AND MAKE POSITIVE CHANGE IN THEIR OWN NEIGHBORHOODS.
-
PROJECT SUPPORT: THIS PROGRAM COMPRISES ALL OF THE SERVICES THAT WE PROVIDE FOR PROJECTS USING THE IOBY PLATFORM. IN ADDITION TO THE USE OF OUR WEBSITE AND ITS TOOLS, PROJECT LEADERS BENEFIT FROM OPTIONAL COACHING, TRAINING AND TECHNICAL ASSISTANCE FROM THE IOBY TEAM IN THE FORM OF WORKSHOPS AND ONE-ON-ONE CONSULTATIONS ON: PROJECT PLANNING AND MANAGEMENT; MATCH PROGRAMS; SOCIAL MEDIA AND ONLINE COMMUNICATIONS; PARTICIPATION IN OUR DIGITAL STORYTELLING PROJECT; AND, MOST IMPORTANTLY, GRASSROOTS FUNDRAISING. THIS PROGRAM ALSO INCLUDES ALL ASPECTS OF THE LIMITED FORM OF FISCAL SPONSORSHIP THAT WE OFFER TO PROJECTS AND MANAGEMENT OF NECESSARY PURCHASING AND/OR FUNDS DISBURSEMENT AFTER PROJECTS ARE FULLY FUNDED, AS WELL AS SUBSEQUENT REPORTING.
Expenses $2,401,891 · Grants $2,295,469 · Revenue $134,319
-
PROJECT OUTREACH & SOURCING:THIS PROGRAM COMPRISES ALL OF THE ACTIVITIES AND INITIATIVES WE DESIGN AND MANAGE IN ORDER TO PROVIDE OUTREACH AND SOURCE NEW PROJECTS THAT USE IOBY TO CONNECT WITH POTENTIAL DONORS AND VOLUNTEERS. THIS INCLUDES ALL OUR ON-THE-GROUND ORGANIZERS THAT WE HAVE IN DETROIT, CLEVELAND, AND CINCINNATI, AS WELL AS EVENTS AND COMMUNICATIONS TO KEEP DONORS INVOLVED AND UP TO DATE WITH PROJECTS THEY HAVE SUPPORTED. WE ALSO HOST OUTREACH ACTIVITIES TO PROMOTE THE WORK OF OUR PROJECTS TO THE BROADER COMMUNITY OF INTERESTED COMMUNITY ACTIVISTS AND NEIGHBORHOOD LEADERS. WE HAVE BUILT STRONG RELATIONSHIPS WITH HUNDREDS OF LOCAL COMMUNITY GROUPS AND NONPROFITS ACROSS THE COUNTRY, SUPPORTED THOUSANDS OF RESIDENTS SHAPING THEIR IDEAS INTO MORE THAN 3,555 PROJECTS AND SINCE OUR FOUNDING WE HAVE DIRECTED MORE THAN $19M FROM MORE THAN 50,000 DONORS.
Expenses $899,480
-
ONLINE PLATFORMTHIS PROGRAM IS THE FUNCTIONAL HEART OF OUR ORGANIZATION AND THE CORE OF OUR UNIQUE MODEL; IT ENABLES MOST OTHER ASPECTS OF OUR WORK. WE DESIGN, BUILD AND MAINTAIN A WEB PLATFORM (IOBY.ORG) FOCUSED ON MEETING THE NEEDS OF THE PROJECT LEADERS WE SERVE AND THE DONORS THAT SUPPORT THEIR WORK. THIS PLATFORM IS CONSTANTLY EVOLVING THROUGH ITERATIONS AND ENHANCED BY FEEDBACK FROM BOTH PROJECT LEADERS AND DONORS.
Expenses $289,455
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Jamie HandJAMIE HAND
BOARD CHAIR
- Total calculated
- $0
- Hours/week
- 1.9
-
Everlyn BurnettEVERLYN BURNETT
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1.9
-
Jena BradleyJENA BRADLEY
SECRETARY
- Total calculated
- $0
- Hours/week
- 1.9
-
Christine RicoCHRISTINE RICO
TREASURER
- Total calculated
- $0
- Hours/week
- 1.9
-
Loren BlackfordLOREN BLACKFORD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1.3
-
Lindsay CampbellLINDSAY CAMPBELL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1.3
-
Projjal DuttaPROJJAL DUTTA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1.3
-
Michelle GarciaMICHELLE GARCIA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1.3
-
Apollo GonzalesAPOLLO GONZALES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1.9
-
Michelle HuangMICHELLE HUANG
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1.3
-
Scott MillerSCOTT MILLER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1.3
-
Justin G MooreJUSTIN G MOORE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1.3
-
Nadia OwusuNADIA OWUSU
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1.3
-
Ioanna ParaskevopolousIOANNA PARASKEVOPOLOUS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1.3
-
Omar ParbhooOMAR PARBHOO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1.9
-
Jason SchwartzJASON SCHWARTZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1.3
-
Harriet TregoningHARRIET TREGONING
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1.3
-
Shin-Pei TsaySHIN-PEI TSAY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1.3
-
Camilla VelasquezCAMILLA VELASQUEZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1.3
-
Karyn WilliamsKARYN WILLIAMS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1.3
-
Erin BarnesERIN BARNES
COFOUNDER & CHIEF EXECUTIVE OFFICER
- Total calculated
- $166,289
- From this org
- $150,860
- From related orgs
- $0
- Other
- $15,429
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $150,657
- Bonus
- $203
- Other
- $0
- Deferred
- $3,501
- Nontaxable benefits
- $11,928
- Filer's total
- $166,289
-
Hanna ZahoryHANNA ZAHORY
CFO (SINCE FEB.2022)
- Total calculated
- $126,962
- From this org
- $115,830
- From related orgs
- $0
- Other
- $11,132
- Hours/week
- 40
-
Kenneth NadolskiKENNETH NADOLSKI
CHIEF PHILANTHROPY OFFICER
- Total calculated
- $151,061
- From this org
- $147,144
- From related orgs
- $0
- Other
- $3,917
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $147,144
- Bonus
- $0
- Other
- $0
- Deferred
- $3,215
- Nontaxable benefits
- $702
- Filer's total
- $151,061
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 · Form 990 of other organizations
- 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)
- PART I, LINE 3
- EVERY YEAR, IOBY'S SENIOR MANAGEMENT TEAM REVISES OUR SALARY BANDS, A TRANSPARENTLY SHARED, BOARD-APPROVED DOCUMENT OF SALARY AND ADVANCEMENT BASED ON PERFORMANCE, RESPONSIBILITY AND GEOGRAPHY OF THE STAFF PERSON. THE SALARY BANDS ARE BASED ON COMPARABLE NONPROFIT AND FOR PROFIT COMPANIES WITH ANNUAL BUDGETS BETWEEN $2 MILLION (MINIMUM) AND $10 MILLION (MAXIMUM). THE VICE CHAIR AND CHAIR OF THE BOARD OF DIRECTORS CONFER ON THE CEO'S PERFORMANCE AND SUCCESS IN REACHING GOALS, AND USING BOTH THE ORGANIZATION'S SALARY BANDS AND THE BOARD'S OWN COMPARISON DATA TO SIMILAR POSITIONS, THE BOARD AGREES ON THE COMPENSATION FOR THE CEO. THIS PROCESS WAS LAST CONDUCTED IN 2022, AND WAS APPROVED BY THE EXECUTIVE COMMITTEE OF THE BOARD, AND DOCUMENTED AND COMMUNICATED DIRECTLY FROM THE BOARD CHAIR TO THE CFO BY EMAIL. THE CEO DETERMINES COMPENSATION FOR OTHER MEMBERS OF IOBY'S SENIOR MANAGEMENT TEAM. THE CEO USES THE ORGANIZATION'S SALARY BANDS, PERFORMANCE EVALUATION DATA, 360 DATA AND WITH INPUT AND COUNSEL FROM THE BOARD CHAIR TO DETERMINE ANY CHANGES IN COMPENSATION BASED ON PERFORMANCE.
- PART I, LINE 7
- THE VICE CHAIR AND CHAIR OF THE BOARD OF DIRECTORS CONFER ON THE CEO'S PERFORMANCE AND SUCCESS IN REACHING GOALS IN ORDER TO DETERMINE THE ANNUAL BONUS. THE CEO DETERMINES THE ANNUAL BONUS FOR OTHER MEMBERS OF IOBY'S SENIOR MANAGEMENT TEAM.
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
-
$44,727
TO PROVIDE FUNDING FOR SENSORY FRIENDLY DANCE
-
TO PROVIDE FUNDING FOR HELP US MAKE FATHER FAGAN PARK BEAUTIFUL THIS SUMMER
-
$33,835
TO PROVIDE FUNDING FOR CUBS MAKE MUSIC AND ART
-
TO PROVIDE FUNDING FOR CLEAN DIRT FOR HIGHBRIDGE DIRTJUMP PARK (ROUND 2)
-
TO PROVIDE FUNDING FOR SAVE THE HENRY O. TANNER HOUSE
-
$22,797
TO PROVIDE FUNDING FOR THE BALTIMORE COMPOST COLLECTIVE
-
CANAL PARK CONSERVANCY
$22,489
TO PROVIDE FUNDING FOR KEEP CANAL PARK ALIVE
-
$20,298
TO PROVIDE FUNDING FOR COMMUNITY CARE SPACES FOR DETROITERS
-
TO PROVIDE FUNDING FOR ISOUND SACTOWNYOUTH EMPOWERMENT GALA & SNEAKER BALL DECEMBER 30TH 7PM
-
$19,645
TO PROVIDE FUNDING FOR BARNETT BEAUTIFICATION
The 10 largest by cash amount. The API serves every itemized grant.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 28 June 2023
- IRS schema version
- 2022v5.0
- Source object
- 202341809349300329
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.