Totals
- Total revenue
- $4,371,620
- Total expenses
- $3,562,605
- Contributions and grants received
- $3,905,500
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $5,178
- Other revenue
- $460,942
- Total assets, end of year
- $4,224,649
- Total liabilities, end of year
- $2,845,994
- Net assets or fund balances, end of year
- $1,378,655
- Program services expenses (Part IX)
- $2,701,006
- Management and general expenses
- $765,193
- Fundraising expenses
- $96,406
- Program service expenses (Part III)
- $2,701,006
Program services were 75.8% 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.
-
1b · Membership dues
$1,145,500
-
1f · All other contributions, gifts and grants
$2,760,000
-
3 · Investment income
total $5,178 · related or exempt $5,178
-
6a · Gross rents
real property $381,930
-
6b · Less rental expenses
real property $0
-
6c · Rental income or loss
real property $381,930
-
6d · Net rental income or loss
total $381,930 · excluded $381,930
-
11a · Other revenue: INCREASE IN CSV OF LIF
total $51,640 · excluded $51,640
-
11b · Other revenue: 403B FORFEITURE
total $21,957 · excluded $21,957
-
11c · Other revenue: MISCELLANEOUS
total $5,415 · excluded $5,415
-
11e · Other revenue, total
$79,012
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $1,030,278 · program services $789,609 · management and general $195,781 · fundraising $44,888
-
7 · Other salaries and wages
total $82,727 · program services $82,727
-
9 · Other employee benefits
total $181,834 · program services $136,649 · management and general $38,016 · fundraising $7,169
-
10 · Payroll taxes
total $48,807 · program services $38,256 · management and general $8,582 · fundraising $1,969
-
11b · Fees: legal
total $9,294 · management and general $9,294
-
11c · Fees: accounting
total $176,000 · management and general $176,000
-
11g · Fees: other
total $390,819 · program services $292,500 · management and general $98,319
-
12 · Advertising and promotion
total $3,533 · program services $1,844 · management and general $1,689
-
13 · Office expenses
total $6,469 · program services $4,966 · management and general $1,247 · fundraising $256
-
14 · Information technology
total $55,766 · program services $43,464 · management and general $10,060 · fundraising $2,242
-
16 · Occupancy
total $737,673 · program services $574,943 · management and general $133,070 · fundraising $29,660
-
17 · Travel
total $699 · program services $312 · management and general $387
-
19 · Conferences, conventions and meetings
total $321,991 · program services $286,905 · management and general $35,086
-
21 · Payments to affiliates
total $105,948 · program services $105,948
-
22 · Depreciation, depletion and amortization
total $94,311 · program services $71,456 · management and general $18,689 · fundraising $4,166
-
23 · Insurance
total $79,954 · program services $62,316 · management and general $14,423 · fundraising $3,215
-
24a · Other expenses: MULTIMEDIA PRODUCTION A
total $165,849 · program services $154,044 · management and general $11,805
-
24b · Other expenses: REPAIRS AND MAINTENANCE
total $41,588 · program services $32,414 · management and general $7,502 · fundraising $1,672
-
24c · Other expenses: BANK AND CREDIT CARD FE
total $18,655 · program services $14,540 · management and general $3,365 · fundraising $750
-
24d · Other expenses: DUES AND SUBSCRIPTIONS
total $10,410 · program services $8,113 · management and general $1,878 · fundraising $419
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $359,763 · end of year $924,845
-
2 · Savings and temporary cash investments
beginning of year $459,350 · end of year $464,038
-
3 · Pledges and grants receivable
beginning of year $130,000 · end of year $195,266
-
9 · Prepaid expenses and deferred charges
beginning of year $29,989 · end of year $14,632
-
10a · Land, buildings and equipment: cost or other basis
$1,395,104
-
10b · Land, buildings and equipment: accumulated depreciation
$1,136,380
-
10c · Land, buildings and equipment, net
beginning of year $346,322 · end of year $258,724
-
15 · Other assets
beginning of year $2,802,552 · end of year $2,367,144
-
17 · Accounts payable and accrued expenses
beginning of year $164,503 · end of year $282,086
-
25 · Other liabilities
beginning of year $3,393,833 · end of year $2,563,908
-
27 · Net assets without donor restrictions
beginning of year $243,640 · end of year $956,155
-
28 · Net assets with donor restrictions
beginning of year $326,000 · end of year $422,500
Mission and programs · 2023
Mission
TO SET AN ACTION AGENDA THAT DRIVES ECONOMIC GROWTH AND RAISES THE STANDARD OF LIVING FOR ALL AMERICANS.
-
NATIONAL INNOVATION COMMISSION - THE COMMISSION ACTIVELY ENGAGES PEER PRIVATE-SECTOR LEADERS TO CONFRONT AND OVERCOME THE CRITICAL CHALLENGES FACING THE U.S. INNOVATION AGENDA AND TO CREATE MOMENTUM IN THE UNITED STATES TO OUTPACE THE REST OF THE WORLD IN INNOVATION CAPACITY, CAPABILITY AND COMPETITIVENESS.
Expenses $1,020,543
-
TECHNOLOGY LEADERSHIP AND STRATEGY INITIATIVE - THE TECHNOLOGY LEADERSHIP AND STRATEGY INITIATIVE BRINGS TOGETHER CHIEF TECHNOLOGY OFFICERS FROM BUSINESS AND ACADEMIA TO IDENTIFY PRACTICES IN RISK MANAGEMENT AND OPERATIONAL SYSTEMS, BUSINESS PROCESSES, TECHNOLOGY TOOLS, TRAINING PROGRAMS, AND PUBLIC-PRIVATE PARTNERSHIPS THAT ENHANCE BOTH INDUSTRIAL COMPETITIVENESS AND NATIONAL SECURITY.
Expenses $676,505
-
NATIONAL COMPETITIVENESS FORUM - A PLATFORM FOR COUNCIL MEMBERS ANDOTHER THOUGHT LEADERS FROM INDUSTRY, GOVERNMENT, LABOR, ACADEMIA ANDTHE NATIONAL LABORATORIES TO ENGAGE IN CONVERSATION, ELABORATE ONIDEAS, AND ANALYZE AMERICA'S COMPETITIVENESS CAPACITY IN ORDER TOADDRESS THE PRESSING AND EMERGING PRIOROITIES OF AMERICA'S ECONOMY.
Expenses $505,164
-
OTHER PROGRAM INCLUDES: COUNCIL OF COUNCILS - THIS PROGRAM PROVIDES SUPPORT FOR THE GLOBALFEDERATION OF COMPETITIVENESS COUNCILS, A SECTION 501(C)(3) ORGANIZATION WITH A MISSION TO MEET THE CHALLENGES IN THE GLOBAL ECONOMIC LANDSCAPE, TO IDENTIFY AND SUPPORT POLICIES AND PROGRAMS TO STIMULATE ECONOMIC GROWTH, AND FOSTER INNOVATION AND STRENGHTEN NATIONAL COMPETITIVENESS.
Expenses $204,143
-
OTHER PROGRAM ALSO INCLUDES:GLOBALIZATION INITIATIVE - CATALYZES LEADERSIP DIALOGUES AMONG U.S. BUSINESSES, UNIVERSITIES, LABOR UNIONS AND THEIR COUNTERPARTS ON A RANGE OF ISSUES THAT IMPACT TRADE, PRODUCTIVITY AND COMPETITIVENESS; ADVANCED COMPUTING-THE SCOPE OF THE GRANT IS TO CONDUCT RESEARCH INTO ISSUES OF THE POTENTIAL VALUE OF HIGH PERFORMANCE COMPUTING (HPC) TO IMPROVE U.S. INDUSTRY'S COMPETITIVENESS.
Expenses $294,651
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Brian T MoynihanBRIAN T MOYNIHAN
CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Janet FouttyJANET FOUTTY
BUSINESS VICE-CHAIR (THRU 7/23)
- Total calculated
- $0
- Hours/week
- 1
-
Joan GabelJOAN GABEL
ACADEMIC VICE-CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Kenneth CooperKENNETH COOPER
LABOR VICE-CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Charles Holliday JrCHARLES HOLLIDAY JR
CHAIRMEN EMERITUS
- Total calculated
- $0
- Hours/week
- 1
-
Deborah L Wince-SmithDEBORAH L WINCE-SMITH
PRESIDENT
- Total calculated
- $655,563
- From this org
- $649,703
- From related orgs
- $0
- Other
- $5,860
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $553,640
- Bonus
- $96,063
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $5,860
- Filer's total
- $655,563
-
Dan HelfrichDAN HELFRICH
BUSINESS VICE-CHAIR (BEGIN 7/23)
- Total calculated
- $0
- Hours/week
- 1
-
Charles EvansCHARLES EVANS
EXECUTIVE DIRECTOR
- Total calculated
- $383,347
- From this org
- $363,934
- From related orgs
- $0
- Other
- $19,413
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $314,611
- Bonus
- $49,323
- Other
- $0
- Deferred
- $14,744
- Nontaxable benefits
- $4,669
- Filer's total
- $383,347
-
Marcy JonesMARCY JONES
EXEC ASST. TO PRESIDENT
- Total calculated
- $152,026
- From this org
- $128,484
- From related orgs
- $0
- Other
- $23,542
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $122,229
- Bonus
- $6,255
- Other
- $0
- Deferred
- $18,670
- Nontaxable benefits
- $4,872
- Filer's total
- $152,026
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
- 1a · First-class or charter travel
- 1a · Health or social club dues or initiation fees
- 1b · Written policy on the line-1a expenses
- 2 · Substantiation required before reimbursing expenses
- 3 · Written employment contract
- 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 1A:
- THESE ITEMS ARE SPECIFICALLY PROVIDED IN THE EMPLOYMENT CONTRACT FOR THE ORGANIZATION'S PRESIDENT.
- PART I, LINE 7:
- PERFORMANCE BONUSES WERE PROVIDED TO CERTAIN EMPLOYEES WHO MET ESTABLISHED CRITERIA.
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
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 4 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202403179349301025
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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