Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $7,177,743

• 2a · Program service revenue: PRODUCT REVENUE

  total $29,703,240 · related or exempt $29,703,240

• 2b · Program service revenue: FUNDING INFO. NETWORK

  total $1,138,465 · related or exempt $1,138,465

• 2c · Program service revenue: COMMUNITY FDTN INSIGHT

  total $466,276 · related or exempt $466,276

• 2d · Program service revenue: CANDID TRAINING

  total $384,092 · related or exempt $384,092

• 2e · Program service revenue: FOUNDATION WEB BUILDER

  total $78,854 · related or exempt $78,854

• 2f · All other program service revenue

  total $475,052 · related or exempt $475,052

• 3 · Investment income

  total $1,068,678 · excluded $1,068,678

• 6a · Gross rents

  real property $29,297

• 6b · Less rental expenses

  real property $20,000

• 6c · Rental income or loss

  real property $9,297

• 6d · Net rental income or loss

  total $9,297 · excluded $9,297

• 7a · Gross sales of assets other than inventory

  securities $79,733,349

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

  securities $68,481,556

• 7c · Gain or loss

  securities $11,251,793

• 7d · Net gain or loss

  total $11,251,793 · excluded $11,251,793

• 11a · Other revenue: SPONSORED WEBINARS

  total $54,913 · unrelated business $54,913

• 11b · Other revenue: MISC. INCOME

  total $30,432 · excluded $30,432

• 11c · Other revenue: VENDING MACHINE INCOME

  total $360 · excluded $360

• 11e · Other revenue, total

  $85,705

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $1,756,676 · program services $1,394,961 · management and general $303,114 · fundraising $58,601

• 6 · Compensation of disqualified persons

  total $175,000 · program services $123,190 · management and general $51,654 · fundraising $156

• 7 · Other salaries and wages

  total $17,556,808 · program services $13,941,711 · management and general $3,029,422 · fundraising $585,675

• 8 · Pension plan contributions

  total $1,449,393 · program services $1,150,951 · management and general $250,092 · fundraising $48,350

• 9 · Other employee benefits

  total $2,458,089 · program services $1,951,948 · management and general $424,142 · fundraising $81,999

• 10 · Payroll taxes

  total $1,345,657 · program services $1,068,575 · management and general $232,192 · fundraising $44,890

• 11b · Fees: legal

  total $236,518 · management and general $236,518

• 11c · Fees: accounting

  total $364,303 · management and general $364,303

• 11d · Fees: lobbying

  total $90,400 · management and general $90,400

• 11f · Fees: investment management

  total $93,720 · management and general $93,720

• 11g · Fees: other

  total $598,192 · program services $421,095 · management and general $176,565 · fundraising $532

• 12 · Advertising and promotion

  total $709,985 · program services $701,918 · management and general $8,067

• 13 · Office expenses

  total $997,738 · program services $221,863 · management and general $762,645 · fundraising $13,230

• 14 · Information technology

  total $5,234,720 · program services $3,687,726 · management and general $1,470,942 · fundraising $76,052

• 16 · Occupancy

  total $2,221,980 · program services $1,489,002 · management and general $677,569 · fundraising $55,409

• 17 · Travel

  total $617,298 · program services $316,864 · management and general $286,565 · fundraising $13,869

• 19 · Conferences, conventions and meetings

  total $63,381 · program services $63,381

• 22 · Depreciation, depletion and amortization

  total $2,874,947 · program services $1,935,032 · management and general $868,863 · fundraising $71,052

• 23 · Insurance

  total $213,164 · program services $143,474 · management and general $64,422 · fundraising $5,268

• 24a · Other expenses: BAD DEBT EXPENSE

  total $520,390 · management and general $520,390

• 24b · Other expenses: STAFF DEVELOPMENT

  total $231,716 · program services $22,770 · management and general $208,946

• 24c · Other expenses: REPAIRS AND MAINTENANCE

  total $43,296 · program services $43,296

• 24d · Other expenses: SALES TAX EXPENSE

  total $36,049 · program services $36,049

• 24e · All other expenses

  total $250 · program services $250

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $2,843,402 · end of year $4,214,950

• 2 · Savings and temporary cash investments

  beginning of year $21,547,354 · end of year $13,551,691

• 3 · Pledges and grants receivable

  beginning of year $897,882 · end of year $1,842,204

• 4 · Accounts receivable

  beginning of year $2,360,556 · end of year $1,501,696

• 9 · Prepaid expenses and deferred charges

  beginning of year $547,603 · end of year $739,177

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

  $28,986,234

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

  $18,175,426

• 10c · Land, buildings and equipment, net

  beginning of year $10,768,050 · end of year $10,810,808

• 11 · Investments: publicly traded securities

  beginning of year $0 · end of year $46,790,251

• 12 · Investments: other securities

  beginning of year $49,041,191 · end of year $0

• 15 · Other assets

  beginning of year $0 · end of year $11,467,719

• 17 · Accounts payable and accrued expenses

  beginning of year $3,458,679 · end of year $2,124,255

• 19 · Deferred revenue

  beginning of year $13,271,662 · end of year $13,751,000

• 25 · Other liabilities

  beginning of year $4,698,334 · end of year $15,581,952

• 27 · Net assets without donor restrictions

  beginning of year $58,417,640 · end of year $51,126,666

• 28 · Net assets with donor restrictions

  beginning of year $8,159,723 · end of year $8,334,623

The filer's explanations (Part III)

PART I, LINE 3

REFER TO THE EXPLANATION FOR FORM 990, PART VI, SECTION B, LINE 15 ON SCHEDULE O.

PART I, LINE 4A

JAMES DOBRZENIECKI, FORMER SENIOR ADVISOR, JACOB HAROLD, FORMER EXECUTIVE VICE PRESIDENT, AND DEBRA SNIDER, SENIOR HR MANAGER, RECEIVED SEVERANCE PAYMENTS OF $201,379, $174,435, AND $165,301 INCLUDED IN THEIR 2022 W-2S, RESPECTIVELY. BRADFORD K. SMITH, FORMER PRESIDENT RECEIVED A RETENTION PAYMENT OF $175,000 INCLUDED IN HIS 2022 1099-NEC.

PART I, LINE 5

JOSE RODRIGUEZ, SENIOR DIRECTOR OF STRATEGIC PARTNERSHIPS & CHANNELS, AND TIM REIFSCHNEIDER, DIRECTOR OF BUSINESS DEVELOPMENT, RECEIVED COMMISSION PAYMENTS OF $23,144 AND $132,536 RESPECTIVELY, BASED ON THEIR INDIVIDUAL SALES DURING THE CALENDAR YEAR 2022.

PART I, LINE 7

CERTAIN OFFICERS AND OTHER EMPLOYEES LISTED ON SCHEDULE J, PART II RECEIVED TAXABLE DISCRETIONARY BONUSES INCLUDED IN THEIR 2022 W-2S.