Totals
- Total revenue
- $3,375,561
- Total expenses
- $2,220,101
- Contributions and grants received
- $3,000,486
- Grants paid
- $0
- Program service revenue
- $368,645
- Investment income
- $6,430
- Other revenue
- $0
- Total assets, end of year
- $4,505,246
- Total liabilities, end of year
- $29,906
- Net assets or fund balances, end of year
- $4,475,340
- Program services expenses (Part IX)
- $1,754,733
- Management and general expenses
- $414,139
- Fundraising expenses
- $51,229
- Program service expenses (Part III)
- $1,754,733
Program services were 79.0% 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.
-
1f · All other contributions, gifts and grants
$3,000,486
-
2a · Program service revenue: PROGRAM SERVICE FEES
total $368,645 · related or exempt $368,645
-
3 · Investment income
total $6,430 · excluded $6,430
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $66,597 · program services $52,637 · management and general $12,423 · fundraising $1,537
-
7 · Other salaries and wages
total $1,154,165 · program services $912,234 · management and general $215,296 · fundraising $26,635
-
8 · Pension plan contributions
total $34,357 · program services $27,155 · management and general $6,409 · fundraising $793
-
9 · Other employee benefits
total $115,425 · program services $91,230 · management and general $21,531 · fundraising $2,664
-
10 · Payroll taxes
total $93,841 · program services $74,170 · management and general $17,505 · fundraising $2,166
-
11b · Fees: legal
total $97,962 · program services $77,428 · management and general $18,274 · fundraising $2,260
-
11c · Fees: accounting
total $39,035 · program services $30,853 · management and general $7,281 · fundraising $901
-
11g · Fees: other
total $192,680 · program services $152,292 · management and general $35,943 · fundraising $4,445
-
13 · Office expenses
total $7,077 · program services $5,594 · management and general $1,320 · fundraising $163
-
14 · Information technology
total $78,899 · program services $62,361 · management and general $14,718 · fundraising $1,820
-
16 · Occupancy
total $1,541 · program services $1,218 · management and general $287 · fundraising $36
-
17 · Travel
total $50,808 · program services $40,158 · management and general $9,478 · fundraising $1,172
-
19 · Conferences, conventions and meetings
total $1,350 · program services $1,067 · management and general $252 · fundraising $31
-
22 · Depreciation, depletion and amortization
total $260,904 · program services $206,215 · management and general $48,670 · fundraising $6,019
-
23 · Insurance
total $3,586 · program services $2,834 · management and general $669 · fundraising $83
-
24a · Other expenses: PROGRAM EXPENSES
total $11,973 · program services $9,463 · management and general $2,234 · fundraising $276
-
24b · Other expenses: OTHER EXPENSES
total $8,854 · program services $6,998 · management and general $1,652 · fundraising $204
-
24c · Other expenses: EQUIPMENT
total $553 · program services $436 · management and general $104 · fundraising $13
-
24d · Other expenses: MISCELLANEOUS EXPENSES
total $268 · program services $211 · management and general $51 · fundraising $6
-
24e · All other expenses
total $226 · program services $179 · management and general $42 · fundraising $5
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,478,674 · end of year $3,904,198
-
3 · Pledges and grants receivable
beginning of year $964,692 · end of year -$35,308
-
4 · Accounts receivable
beginning of year $11,078 · end of year -$280
-
10a · Land, buildings and equipment: cost or other basis
$19,837
-
10b · Land, buildings and equipment: accumulated depreciation
$19,223
-
10c · Land, buildings and equipment, net
beginning of year $3,399 · end of year $614
-
14 · Intangible assets
beginning of year $887,460 · end of year $629,022
-
15 · Other assets
beginning of year $7,000 · end of year $7,000
-
17 · Accounts payable and accrued expenses
beginning of year $32,423 · end of year $29,906
-
27 · Net assets without donor restrictions
beginning of year $2,453,805 · end of year $4,475,340
-
28 · Net assets with donor restrictions
beginning of year $866,075 · end of year $0
Mission and programs · 2022
Mission
WE BELIEVE CIVIC LIFE CAN BE REVITALIZED WHEN WE HOLD SPACE FOR CONVERSATION, RECOGNIZING THAT TRADITIONALLY UNDERHEARD VOICES AND MARGINAL EXPERIENCES CAN YIELD IMPROVED UNDERSTANDING AND COMMUNICATION ACROSS BOUNDARIES. SEE SCHEDULE O.OUR FRAGMENTED SOCIETY DEMANDS CIVIC SPACES WHERE INPUT SHARED BY COMMUNITY MEMBERS ABOUT THEIR IDENTITY AND EXPERIENCES SPARKS MORE INFORMED AND TRANSPARENT DECISIONS FROM OUR LEADERS.
Activities or mission (Part I)
TO FOSTER CONSTRUCTIVE PUBLIC CONVERSATION TO IMPROVE OUR UNDERSTANDING OF ONE ANOTHER.
-
IN 2022 CORTICO CONTINUED TO EXPAND THE LOCAL VOICES NETWORK, A UNIQUE PHYSICAL-DIGITAL NETWORK TO BRING UNDER-HEARD COMMUNITY VOICES, PERSPECTIVES, AND STORIES INTO THE CENTER OF A HEALTHIER PUBLIC SPHERE. LVN BRINGS TOGETHER SMALL GROUPS OF 4-8 PEOPLE TOGETHER FOR FACILITATED CONVERSATIONS ABOUT WHAT MATTERS MOST TO THEM IN THEIR COMMUNITIES AND IN THE NATION. CONVERSATIONS MIGHT FOCUS BROADLY ON HOPES AND CONCERNS, OR BE MORE TOPICALLY FOCUSED; BUT, THE COMMON QUALITIES ARE SURFACING THE VALUES DRIVING INDIVIDUAL PARTICIPATION, SHARING PERSONAL EXPERIENCES THAT INFORM THOUGHTS AND FEELINGS ABOUT THEIR COMMUNITIES, AND ENGAGING IN MEANING-MAKING THROUGH REFLECTION ON PERSPECTIVES OF OTHERS BOTH WITHIN THEIR CONVERSATION AND FROM OTHER CONVERSATIONS IN THE NETWORK. POWERFUL MACHINE LEARNING TECHNOLOGY AND AN INNOVATIVE DIGITAL PLATFORM COMBINE TO SUPPORT LVN'S COLLECTION, CURATION AND DISTRIBUTION OF AUTHENTIC VOICES AT A NATIONWIDE SCALE.BEGINNING IN MARCH 2020 CORTICO PAUSED IN-PERSON CONVERSATIONS AND TRANSITIONED TO SUPPORTING VIRTUAL SMALL GROUP DIALOGUES, SUPPORTING THE WORK OF 20+ NEW PARTNERS NATIONWIDE ACROSS MEDIA, GOVERNMENT, EDUCATION, AND OTHER NON-PROFIT SECTORS.
Expenses $1,754,733 · Revenue $368,645
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Deb RoyDEB ROY
CEO & CO-FOUNDER
- Total calculated
- $0
- Hours/week
- 5
-
Eugene YiEUGENE YI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
Kathy KramerKATHY KRAMER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Yat SiuYAT SIU
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Ali RowghaniALI ROWGHANI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Russell StevensRUSSELL STEVENS
TREASURER & CO-FOUNDER
- Total calculated
- $0
- Hours/week
- 5
-
David Van DokkumDAVID VAN DOKKUM
COO THRU 2/2022
- Total calculated
- $66,597
- From this org
- $64,036
- From related orgs
- $0
- Other
- $2,561
- Hours/week
- 40
-
Alex Kelly BermanALEX KELLY BERMAN
VP OF PARTNERSHIPS & PROGRAMS
- Total calculated
- $145,551
- From this org
- $131,999
- From related orgs
- $0
- Other
- $13,552
- Hours/week
- 40
-
Jenine Turner-TrauringJENINE TURNER-TRAURING
INTERIM SOFTWARE ENGINEERING TEAM LEAD
- Total calculated
- $148,784
- From this org
- $131,501
- From related orgs
- $0
- Other
- $17,283
- Hours/week
- 40
-
Josiah OberholtzerJOSIAH OBERHOLTZER
SOFTWARE ENGINEER
- Total calculated
- $137,207
- From this org
- $122,750
- From related orgs
- $0
- Other
- $14,457
- Hours/week
- 40
-
Tevin BrownTEVIN BROWN
SOFTWARE ENGINEER
- Total calculated
- $113,934
- From this org
- $105,531
- From related orgs
- $0
- Other
- $8,403
- Hours/week
- 40
-
Dan ToyamaDAN TOYAMA
PRODUCT MANAGER
- Total calculated
- $112,511
- From this org
- $104,145
- From related orgs
- $0
- Other
- $8,366
- Hours/week
- 40
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
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 11 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202303179349304665
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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