Totals
- Total revenue
- $3,609,327
- Total expenses
- $3,379,068
- Contributions and grants received
- $3,438,030
- Grants paid
- $0
- Program service revenue
- $171,297
- Investment income
- $0
- Other revenue
- $0
- Total assets, end of year
- $2,915,517
- Total liabilities, end of year
- $288,407
- Net assets or fund balances, end of year
- $2,627,110
- Program services expenses (Part IX)
- $2,767,126
- Management and general expenses
- $429,415
- Fundraising expenses
- $182,527
- Program service expenses (Part III)
- $2,767,126
Program services were 81.9% 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
$778,500
-
1f · All other contributions, gifts and grants
$2,659,530
-
2a · Program service revenue: CONFERENCE FEES & SPONSORSHIP
total $171,297 · related or exempt $171,297
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $235,218 · program services $59,715 · management and general $151,981 · fundraising $23,522
-
7 · Other salaries and wages
total $1,974,395 · program services $1,639,395 · management and general $210,153 · fundraising $124,847
-
8 · Pension plan contributions
total $77,169 · program services $62,488 · management and general $8,420 · fundraising $6,261
-
9 · Other employee benefits
total $84,753 · program services $64,502 · management and general $12,757 · fundraising $7,494
-
10 · Payroll taxes
total $134,512 · program services $100,931 · management and general $22,999 · fundraising $10,582
-
11c · Fees: accounting
total $21,302 · program services $16,380 · management and general $3,454 · fundraising $1,468
-
11g · Fees: other
total $472,775 · program services $471,662 · management and general $781 · fundraising $332
-
13 · Office expenses
total $59,631 · program services $52,421 · management and general $5,060 · fundraising $2,150
-
14 · Information technology
total $47,031 · program services $36,364 · management and general $7,486 · fundraising $3,181
-
17 · Travel
total $49,766 · program services $49,397 · management and general $259 · fundraising $110
-
19 · Conferences, conventions and meetings
total $183,351 · program services $182,485 · management and general $607 · fundraising $259
-
20 · Interest
total $3,984 · program services $3,063 · management and general $646 · fundraising $275
-
23 · Insurance
total $7,401 · program services $5,691 · management and general $1,200 · fundraising $510
-
24a · Other expenses: STATE FEES AND TAXES
total $14,910 · program services $11,465 · management and general $2,417 · fundraising $1,028
-
24b · Other expenses: STAFF TRAINING
total $5,192 · program services $4,093 · management and general $771 · fundraising $328
-
24c · Other expenses: MEMBERSHIP DUES WRITE OFF
total $5,000 · program services $5,000
-
24d · Other expenses: GENERAL & AMINISTRATIVE
total $1,932 · program services $1,500 · management and general $303 · fundraising $129
-
24e · All other expenses
total $746 · program services $574 · management and general $121 · fundraising $51
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $2,294,916 · end of year $2,211,817
-
4 · Accounts receivable
beginning of year $327,000 · end of year $699,500
-
9 · Prepaid expenses and deferred charges
beginning of year $4,992 · end of year $4,200
-
17 · Accounts payable and accrued expenses
beginning of year $80,157 · end of year $138,507
-
23 · Secured mortgages and notes payable
beginning of year $149,900 · end of year $149,900
-
27 · Net assets without donor restrictions
beginning of year $789,146 · end of year $1,559,585
-
28 · Net assets with donor restrictions
beginning of year $1,607,705 · end of year $1,067,525
Mission and programs · 2022
Mission
THE MISSION OF ASSET FUNDERS NETWORK IS TO ENGAGE PHILANTHROPY TO ADVANCE EQUITABLE WEALTH BUILDING AND ECONOMIC MOBILITY.
Activities or mission (Part I)
THE MISSION OF ASSET FUNDERS NETWORK IS TO ENGAGE PHILANTHROPY TO ADVANCE EQUITABLE WEALTH BUILDING AND ECONOMIC MOBILITY
-
REGIONS AND REGIONAL PROJECTS SEEK TO CONNECT GRANTMAKERS AND COLLEAGUES IN NONPROFIT, PUBLIC, AND PRIVATE SECTORS TO FACILITATE COLLABORATION AND MAXIMIZE THEIR IMPACT ON INDIVIDUAL, FAMILY, AND COMMUNITY WEALTH.
Expenses $1,322,752
-
COMMUNICATIONS AND NATIONAL PROJECTS ARE BROADLY FOCUSED TO BUILD ECONOMIC WELL-BEING FOR LOW- AND MIDDLE-INCOME PEOPLE.
Expenses $966,063
-
CONFERENCES BUILD AWARENESS OF KEY ISSUES, PROMISING APPROACHES, AND TIMELY, RELEVANT RESEARCH TO SUPPORT STRATEGIC AND IMPACTFUL INVESTMENTS.
Expenses $478,311 · Revenue $171,297
As filed on the 2022 return.
Listed in Part VII
-
WENDE BURTON
CO-CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
OTIS ROLLEY
CO-CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
DENA L JACKSON
PAST CO-CHAI
- Total calculated
- $0
- Hours/week
- 1
-
JEFFREY KIM
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
ARIELLE MILTON
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
BONNIE WALLACE
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
COLLEEN BRIGGS
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
CORY ANDERSON
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
DON E BAYLOR JR
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
ELIZABETH BRISTER
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
FELICIA DEHANEY
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
HIBA HAROON
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
JULIE HAHN HODGSON
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
KAREN BROWN
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
LORA YORK
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
MANUEL J SANTAMARIA
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
PAULA D'AMBROSA
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
RACHEAL MEIERS
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
REGAN GRUBER MOFFITT
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
SARA KELLER
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
SARAH WILLIS ERTUR
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
JOSEPH A ANTOLIN
PRESIDENT AN
- Total calculated
- $235,218
- From this org
- $214,885
- From related orgs
- $0
- Other
- $20,333
- Hours/week
- 30
Schedule J breakdown matched by us
- Base
- $214,885
- Bonus
- not reported
- Other
- not reported
- Deferred
- $12,098
- Nontaxable benefits
- $8,235
- Filer's total
- $235,218
-
ANNIKA LITTLE
MANAGING DIR
- Total calculated
- $176,089
- From this org
- $160,215
- From related orgs
- $0
- Other
- $15,874
- Hours/week
- 30
Schedule J breakdown matched by us
- Base
- $160,215
- Bonus
- not reported
- Other
- not reported
- Deferred
- $9,504
- Nontaxable benefits
- $6,370
- Filer's total
- $176,089
-
MONA MASRI
SENIOR DIREC
- Total calculated
- $114,902
- From this org
- $104,011
- From related orgs
- $0
- Other
- $10,891
- Hours/week
- 24
-
KAREN MURRELL
PROJECT MANA
- Total calculated
- $213,113
- From this org
- $213,113
- From related orgs
- $0
- Other
- $0
- Hours/week
- 28
Schedule J breakdown matched by us
- Base
- $213,113
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- not reported
- Filer's total
- $213,113
-
JENNIFER FARLAND
COMMUNICATIO
- Total calculated
- $111,335
- From this org
- $111,335
- From related orgs
- $0
- Other
- $0
- Hours/week
- 18
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 · Compensation committee
- 3 · Written employment contract
- 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
- 26 June 2023
- IRS schema version
- 2022v5.0
- Source object
- 202321819349301107
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