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Nonprofiteer
← INVESTOR PROTECTION TRUST

Form 990 for tax year 2023

Filed by INVESTOR PROTECTION TRUST.

Totals

Total revenue
$717,454
Total expenses
$5,756,170
Contributions and grants received
$563,041
Grants paid
$3,287,541
Program service revenue
$0
Investment income
$121,347
Other revenue
$33,066
Total assets, end of year
$6,833,520
Total liabilities, end of year
$1,281,763
Net assets or fund balances, end of year
$5,551,757
Program services expenses (Part IX)
$5,502,747
Management and general expenses
$253,423
Fundraising expenses
$0
Program service expenses (Part III)
$5,502,747

Program services were 95.6% 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

    $563,041

  • 3 · Investment income

    total $358,510 · excluded $358,510

  • 7a · Gross sales of assets other than inventory

    securities $6,265,642

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

    securities $6,502,805

  • 7c · Gain or loss

    securities -$237,163

  • 7d · Net gain or loss

    total -$237,163 · excluded -$237,163

  • 11a · Other revenue: OTHER INCOME

    total $33,066 · excluded $33,066

  • 11e · Other revenue, total

    $33,066

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $3,287,541 · program services $3,287,541

  • 5 · Compensation of officers, directors and key employees

    total $109,090 · program services $54,545 · management and general $54,545

  • 11b · Fees: legal

    total $5,133 · management and general $5,133

  • 11c · Fees: accounting

    total $34,993 · management and general $34,993

  • 11f · Fees: investment management

    total $12,335 · management and general $12,335

  • 11g · Fees: other

    total $175,106 · program services $88,095 · management and general $87,011

  • 13 · Office expenses

    total $9,367 · program services $4,700 · management and general $4,667

  • 14 · Information technology

    total $10,981 · program services $5,510 · management and general $5,471

  • 16 · Occupancy

    total $5,269 · program services $2,644 · management and general $2,625

  • 17 · Travel

    total $10,345 · program services $5,191 · management and general $5,154

  • 19 · Conferences, conventions and meetings

    total $7,878 · program services $3,953 · management and general $3,925

  • 23 · Insurance

    total $2,698 · program services $1,354 · management and general $1,344

  • 24a · Other expenses: OTHER DIRECT PROGRAM EX

    total $2,031,538 · program services $2,031,538

  • 24b · Other expenses: CREDIT LOSS EXPENSE

    total $25,000 · management and general $25,000

  • 24c · Other expenses: OTHER EXPENSES

    total $22,440 · program services $11,220 · management and general $11,220

  • 24d · Other expenses: PUBLICATION

    total $6,456 · program services $6,456

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $592 · end of year $592

  • 2 · Savings and temporary cash investments

    beginning of year $8,355,889 · end of year $6,827,928

  • 4 · Accounts receivable

    beginning of year $25,372 · end of year $5,000

  • 11 · Investments: publicly traded securities

    beginning of year $2,143,438 · end of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $36,325 · end of year $52,019

  • 18 · Grants payable

    beginning of year $104,000 · end of year $1,229,744

  • 27 · Net assets without donor restrictions

    beginning of year $3,689,314 · end of year $3,315,034

  • 28 · Net assets with donor restrictions

    beginning of year $6,695,652 · end of year $2,236,723

Mission and programs · 2023

Mission

INVESTOR PROTECTION TRUST IS A NONPROFIT ORGANIZATION DEVOTED TO INVESTOR EDUCATION. SINCE 1993 INVESTOR PROTECTION TRUST HAS WORKED WITH THE STATES AND AT THE NATIONAL LEVEL TO PROVIDE INDEPENDENT, OBJECTIVE INVESTOR EDUCATION NEEDED BY ALL AMERICANS TO MAKE INFORMED INVESTMENT DECISIONS.

Activities or mission (Part I)

INVESTOR PROTECTION TRUST PROVIDES INDEPENDENT, OBJECTIVE INFORMATION NEEDED BY CONSUMERS TO MAKE INFORMED INVESTMENT DECISIONS.

  • EDUCATION OF INVESTORS, RESEARCH AND EDUCATION WITH RESPECT TO THE PROTECTION OF INVESTORS, AND PROMOTION OF COMPLIANCE WITH FEDERAL AND STATE SECURITIES AND COMMODITIES LAWS.

    Expenses $5,502,747 · Grants $3,287,541

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Tung Chan

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Kelly Janes

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Barry Glennon

    TRUSTEE

    Total calculated
    $0
    Hours/week
    4

  • Noula Zaharis

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Tanya Solov

    AUTHORIZED OFFICER

    Total calculated
    $109,090
    From this org
    $109,090
    From related orgs
    $0
    Other
    $0
    Hours/week
    30

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.

Grants on this return

  • CALIFORNIA DEPARTMENT OF FINANCIAL PROTECTION AND INNOVATION

    $470,193

    PROGRAM SUPPORT

  • FLORIDA ASSOCIATION OF BROADCASTERS

    $350,000

    PROGRAM SUPPORT

  • KENTUCKY DEPARTMENT OF FINANCIAL INSTITUTIONS

    $280,190

    PROGRAM SUPPORT

  • UNIVERSITY OF MASSACHUSETTS BOSTON

    $228,541

    PROGRAM SUPPORT

  • UNIVERSITY OF COLORADO BOULDER

    $195,000

    PROGRAM SUPPORT

  • NEW MEXICO REGULATION & LICENSING DEPARTMENT - SECURITIES DIVISION

    $180,000

    PROGRAM SUPPORT

  • MICHIGAN SECURITIES

    $159,000

    PROGRAM SUPPORT

  • MONATANA STATE AUDITOR'S OFFICE

    $136,986

    PROGRAM SUPPORT

  • SOUTH CAROLINA OFFICE OF THE ATTORNEY GENERAL

    $131,193

    PROGRAM SUPPORT

  • IDAHO DEPARTMENT OF FINANCE SECURITIES BUREAU

    $124,940

    PROGRAM SUPPORT

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2023
Filed
15 November 2024
IRS schema version
2023v5.1
Source object
202443209349318829

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

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