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Nonprofiteer
← INNOCENCE PROJECT INC

Form 990 for tax year 2022

Filed by INNOCENCE PROJECT INC.

Totals

Total revenue
$32,455,846
Total expenses
$26,212,682
Contributions and grants received
$26,644,804
Grants paid
$0
Program service revenue
$397,908
Investment income
$5,738,984
Other revenue
-$325,850
Total assets, end of year
$105,843,645
Total liabilities, end of year
$14,830,781
Net assets or fund balances, end of year
$91,012,864
Program services expenses (Part IX)
$19,462,254
Management and general expenses
$3,678,701
Fundraising expenses
$3,071,727
Program service expenses (Part III)
$19,462,254

Program services were 74.2% 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.

  • 1c · Fundraising events

    $1,536,246

  • 1f · All other contributions, gifts and grants

    $25,108,558

  • 1g · Noncash contributions included above

    $496,218

  • 2a · Program service revenue: NETWORK CONFERENCE FEES

    total $397,908 · related or exempt $397,908

  • 3 · Investment income

    total $1,129,847 · excluded $1,129,847

  • 7a · Gross sales of assets other than inventory

    securities $16,321,754

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

    securities $11,712,617

  • 7c · Gain or loss

    securities $4,609,137

  • 7d · Net gain or loss

    total $4,609,137 · excluded $4,609,137

  • 8a · Fundraising events: gross income

    $177,270

  • 8a · Fundraising events: contributions included on line 1c

    $1,536,246

  • 8b · Fundraising events: direct expenses

    $547,310

  • 8c · Net income from fundraising events

    total -$370,040 · excluded -$370,040

  • 11a · Other revenue: MISCELLANEOUS INCOME

    total $44,190 · related or exempt $44,190

  • 11e · Other revenue, total

    $44,190

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $1,622,071 · program services $1,219,536 · management and general $241,038 · fundraising $161,497

  • 7 · Other salaries and wages

    total $10,914,658 · program services $8,206,067 · management and general $1,621,905 · fundraising $1,086,686

  • 8 · Pension plan contributions

    total $371,269 · program services $279,135 · management and general $55,170 · fundraising $36,964

  • 9 · Other employee benefits

    total $2,068,900 · program services $1,555,480 · management and general $307,436 · fundraising $205,984

  • 10 · Payroll taxes

    total $812,705 · program services $611,023 · management and general $120,767 · fundraising $80,915

  • 11b · Fees: legal

    total $5,509 · program services $5,459 · management and general $50

  • 11c · Fees: accounting

    total $42,800 · management and general $42,800

  • 11d · Fees: lobbying

    total $759,901 · program services $759,901

  • 11g · Fees: other

    total $2,916,945 · program services $1,717,130 · management and general $388,566 · fundraising $811,249

  • 13 · Office expenses

    total $992,452 · program services $710,949 · management and general $113,842 · fundraising $167,661

  • 16 · Occupancy

    total $2,402,196 · program services $1,782,648 · management and general $466,154 · fundraising $153,394

  • 17 · Travel

    total $696,330 · program services $634,508 · management and general $31,713 · fundraising $30,109

  • 19 · Conferences, conventions and meetings

    total $763,866 · program services $667,745 · management and general $81,888 · fundraising $14,233

  • 22 · Depreciation, depletion and amortization

    total $660,468 · program services $490,927 · management and general $127,298 · fundraising $42,243

  • 23 · Insurance

    total $102,489 · program services $76,180 · management and general $19,754 · fundraising $6,555

  • 24a · Other expenses: RESEARCH AND PROGRAM MA

    total $326,039 · program services $278,759 · management and general $2,028 · fundraising $45,252

  • 24b · Other expenses: EXONERATION PROGRAM EXP

    total $280,613 · program services $280,613

  • 24c · Other expenses: BANK AND FILING FEES

    total $222,141 · program services $8,395 · management and general $9,031 · fundraising $204,715

  • 24d · Other expenses: DNA AND FORENSIC TESTS

    total $170,023 · program services $170,023

  • 24e · All other expenses

    total $81,307 · program services $7,776 · management and general $49,261 · fundraising $24,270

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $20,242,015 · end of year $5,577,304

  • 2 · Savings and temporary cash investments

    beginning of year $16,093,754 · end of year $6,000,435

  • 3 · Pledges and grants receivable

    beginning of year $2,925,143 · end of year $2,750,547

  • 4 · Accounts receivable

    beginning of year $9,806 · end of year $5,794

  • 8 · Inventories for sale or use

    beginning of year $61,877 · end of year $69,567

  • 9 · Prepaid expenses and deferred charges

    beginning of year $164,897 · end of year $353,098

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

    $8,966,578

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

    $4,387,650

  • 10c · Land, buildings and equipment, net

    beginning of year $3,975,530 · end of year $4,578,928

  • 11 · Investments: publicly traded securities

    beginning of year $46,147,822 · end of year $74,629,347

  • 15 · Other assets

    beginning of year $271,685 · end of year $11,878,625

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,985,521 · end of year $2,281,288

  • 25 · Other liabilities

    beginning of year $698,734 · end of year $12,549,493

  • 27 · Net assets without donor restrictions

    beginning of year $81,418,958 · end of year $86,927,228

  • 28 · Net assets with donor restrictions

    beginning of year $5,789,316 · end of year $4,085,636

Mission and programs · 2022

Mission

THE INNOCENCE PROJECT, INC. (IP) IS A NATIONAL NONPROFIT WITH THE MISSION TO FREE INNOCENT PEOPLE WHO HAVE BEEN WRONGLY CONVICTED AND REFORM THE CRIMINAL JUSTICE SYSTEM TO PREVENT FUTURE INJUSTICE. THE IP HAS HELPED EXONERATE OVER 248 PEOPLE, A DISPROPORTIONATE NUMBER OF WHOM ARE PEOPLE OF COLOR AND SOME WHO WERE SENTENCED TO DEATH. CUMULATIVELY, THEY SPENT THOUSANDS OF YEARS IN PRISON FOR CRIMES THEY DID NOT COMMIT, AND IN MANY CASES, THE PERSON WHO ACTUALLY COMMITTED THE CRIME WENT ON TO COMMIT OTHERS. THE IP IS DEDICATED TO RESEARCHING, ANALYZING AND EDUCATING STAKEHOLDERS AND THE PUBLIC ON THE CAUSES AND CONSEQUENCES OF WRONGFUL CONVICTIONS AND OTHER SYSTEMIC PROBLEMS. THE IP WORKS TO PASS LAWS AND PREVENT THE ADMISSIBILITY OF UNRELIABLE, NON-SCIENTIFIC EVIDENCE TO PREVENT FUTURE MISCARRIAGES OF JUSTICE. FOUNDED IN 1992 AS A CLINIC AT CARDOZO SCHOOL OF LAW AT YESHIVA UNIVERSITY, THE IP INCORPORATED AS A 501(C)3 ORGANIZATION IN 2004, THOUGH IT MAINTAINS AN AFFILIATION WITH CARDOZO.

Activities or mission (Part I)

DEDICATED TO EXONERATING THE WRONGFULLY CONVICTED AND REFORMING THE CRIMINAL JUSTICE SYSTEM.

  • LEGAL SERVICESONCE CASES ARE ACCEPTED, OUR STAFF ATTORNEYS WORK WITH CARDOZO LAW SCHOOL CLINIC STUDENTS TO INVESTIGATE THE CASES, TO FIND BIOLOGICAL EVIDENCE AND TO GAIN ACCESS TO POST-CONVICTION TESTING THROUGH AGREEMENTS OR COURT ORDERS. WHEN DNA RESULTS PROVE OUR CLIENTS' INNOCENCE, WE SEEK THEIR IMMEDIATE RELEASE. IN FISCAL YEAR 2023, WE EXONERATED 6 INDIVIDUALS OF CRIMES THEY DID NOT COMMIT AND WORKED TO FREE MANY MORE. TO DATE THE INNOCENCE PROJECT HAS HELPED FREE MORE THAN 248 PEOPLE.

    Expenses $19,462,254 · Revenue $397,908

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Jack Taylor

    BOARD MEMBER/CHAIR

    Total calculated
    $0
    Hours/week
    3
  • Vered Rabia

    BOARD MEMBER/VICE CHAIR

    Total calculated
    $0
    Hours/week
    2
  • Gordon Dugan

    BOARD MEMBER/TREASURER

    Total calculated
    $0
    Hours/week
    2
  • Andrew Tananbaum

    BOARD MEMBER/ASST. TREASURER

    Total calculated
    $0
    Hours/week
    3
  • Ekow Yankah

    BOARD MEMBER/EXECUTIVE CMTE. MEMBER

    Total calculated
    $0
    Hours/week
    3
  • Cynthia Augustine

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • Denise Foderado

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • Jessica Aroth

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • Yusef Salaam

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Marvin Anderson

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    10
  • John Grisham

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • Jennifer Eberhardt

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Tony Goldwyn

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • Steven Reiss

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • Jason Flom

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Sara Naisom-Tarajano

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • Brett Hart

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Cedric L Alexander

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • Peter Markowitz

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Christina Swarns

    EXECUTIVE DIRECTOR

    Total calculated
    $438,158
    From this org
    $387,735
    From related orgs
    $0
    Other
    $50,423
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $387,735
    Bonus
    $0
    Other
    $0
    Deferred
    $27,000
    Nontaxable benefits
    $23,423
    Filer's total
    $438,158
  • Joseph Thompson

    CHIEF FINANCIAL OFFICER

    Total calculated
    $277,693
    From this org
    $236,019
    From related orgs
    $0
    Other
    $41,674
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $236,019
    Bonus
    $0
    Other
    $0
    Deferred
    $27,000
    Nontaxable benefits
    $14,674
    Filer's total
    $277,693
  • Fiona Guthrie

    CHIEF COMMUNICATIONS OFFICER

    Total calculated
    $271,620
    From this org
    $244,490
    From related orgs
    $0
    Other
    $27,130
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $244,490
    Bonus
    $0
    Other
    $0
    Deferred
    $24,497
    Nontaxable benefits
    $2,633
    Filer's total
    $271,620
  • Denise Tomasini-Joshi

    CHIEF OF STAFF

    Total calculated
    $293,993
    From this org
    $239,257
    From related orgs
    $0
    Other
    $54,736
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $239,257
    Bonus
    $0
    Other
    $0
    Deferred
    $17,337
    Nontaxable benefits
    $37,399
    Filer's total
    $293,993
  • Bhavan Sodhi

    CHIEF PROGRAM OFFICER

    Total calculated
    $192,974
    From this org
    $158,709
    From related orgs
    $0
    Other
    $34,265
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $158,709
    Bonus
    $0
    Other
    $0
    Deferred
    $7,895
    Nontaxable benefits
    $26,370
    Filer's total
    $192,974
  • Edward Boland

    CHIEF DEVELOPMENT OFFICER

    Total calculated
    $199,363
    From this org
    $157,506
    From related orgs
    $0
    Other
    $41,857
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $157,506
    Bonus
    $0
    Other
    $0
    Deferred
    $16,107
    Nontaxable benefits
    $25,750
    Filer's total
    $199,363
  • Carine Williams

    CHIEF PROGRAM STRATEGY OFFICER

    Total calculated
    $156,491
    From this org
    $126,131
    From related orgs
    $0
    Other
    $30,360
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $126,131
    Bonus
    $0
    Other
    $0
    Deferred
    $20,500
    Nontaxable benefits
    $9,860
    Filer's total
    $156,491

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 · Form 990 of other organizations
  • 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

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
2022
Filed
14 May 2024
IRS schema version
2022v5.0
Source object
202431359349310378

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