Form 990 for tax year 2022
Filed by FOUNDATION FOR STUDENT COMMUNICATION INC.
Totals
- Total revenue
- $579,748
- Total expenses
- $1,162,766
- Contributions and grants received
- $16,105
- Grants paid
- $15,000
- Program service revenue
- $498,550
- Investment income
- $65,093
- Other revenue
- $0
- Total assets, end of year
- $3,030,223
- Total liabilities, end of year
- $60,547
- Net assets or fund balances, end of year
- $2,969,676
- Program services expenses (Part IX)
- $1,061,446
- Management and general expenses
- $101,320
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $1,061,446
Program services were 91.3% 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
$16,105
-
2a · Program service revenue: CONFERENCES
total $498,550 · related or exempt $498,550
-
3 · Investment income
total $65,093 · excluded $65,093
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $15,000 · program services $15,000
-
5 · Compensation of officers, directors and key employees
total $8,539 · program services $8,539
-
7 · Other salaries and wages
total $57,475 · program services $57,475
-
10 · Payroll taxes
total $5,446 · program services $5,446
-
11c · Fees: accounting
total $63,515 · program services $3,842 · management and general $59,673
-
12 · Advertising and promotion
total $5,700 · program services $4,803 · management and general $897
-
13 · Office expenses
total $41,814 · program services $39,107 · management and general $2,707
-
14 · Information technology
total $21,251 · program services $10,985 · management and general $10,266
-
16 · Occupancy
total $5,775 · program services $600 · management and general $5,175
-
17 · Travel
total $178,351 · program services $178,329 · management and general $22
-
19 · Conferences, conventions and meetings
total $730,009 · program services $726,233 · management and general $3,776
-
22 · Depreciation, depletion and amortization
total $2,063 · management and general $2,063
-
23 · Insurance
total $14,280 · management and general $14,280
-
24a · Other expenses: MISCELLANEOUS
total $13,548 · program services $11,087 · management and general $2,461
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $825,970 · end of year $221,969
-
2 · Savings and temporary cash investments
beginning of year $337,351 · end of year $347,624
-
4 · Accounts receivable
beginning of year $7,689 · end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $16,827 · end of year $18,986
-
10a · Land, buildings and equipment: cost or other basis
$109,757
-
10b · Land, buildings and equipment: accumulated depreciation
$109,757
-
10c · Land, buildings and equipment, net
beginning of year $2,063 · end of year $0
-
11 · Investments: publicly traded securities
beginning of year $2,445,319 · end of year $2,441,644
-
17 · Accounts payable and accrued expenses
beginning of year $24,031 · end of year $35,547
-
19 · Deferred revenue
beginning of year $0 · end of year $25,000
-
27 · Net assets without donor restrictions
beginning of year $3,611,188 · end of year $2,969,676
Listed in Part VII
-
STONE YANG
TRUSTEE / PRESIDENT (THROUGH DECEMBER 2022)
- Total calculated
- $5,324
- From this org
- $5,324
- From related orgs
- $0
- Other
- $0
- Hours/week
- 5
-
EMERSON TIWANG
DIRECTOR OF CC AND FINANCE
- Total calculated
- $2,500
- From this org
- $2,500
- From related orgs
- $0
- Other
- $0
- Hours/week
- 4
-
NEEL AJJARAPU
CHAIR OF THE MANAGEMENT CO
- Total calculated
- $0
- Hours/week
- 1
-
ALBERT CHOI
CHAIR OF THE PROGRAMMING C
- Total calculated
- $0
- Hours/week
- 1.5
-
GRACE HONG
CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
HAROLD THOMAS
CHAIR OF THE FINANCE COMMI
- Total calculated
- $0
- Hours/week
- 1
-
ALISON LEE
PRESIDENT (BEGINNING DECEMBER 2022)
- Total calculated
- $0
- Hours/week
- 6
-
ALAN DEUTSCHMAN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
CARMEN MARIA GABEE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
RON GONEN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
ALANNA GREGORY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
COLLEEN KANG
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
MICHAEL KRATSIOS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
SOWON LEE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
MELISSA PASCHALL
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
ANKUR PATEL
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
JULIO ROJAS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
MICHAEL SHORT
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
JOHN BARRETT
DIRECTOR OF CONTENT
- Total calculated
- $0
- Hours/week
- 4
-
SOPHIA CHEN
DIRECTOR OF DN
- Total calculated
- $0
- Hours/week
- 4
-
SAMIKSHA GAHERWAR
DIRECTOR OF THE INTERNATIONAL CONFERENCE
- Total calculated
- $0
- Hours/week
- 4
-
LEILANI JOHNSON
DIRECTOR OF SEMINARS
- Total calculated
- $0
- Hours/week
- 4
-
BRADEN LALIN
DIRECTOR OF INVESTMENTS
- Total calculated
- $0
- Hours/week
- 2
-
MIA MEDIC
DIRECTOR OF STRATEGY
- Total calculated
- $0
- Hours/week
- 2
-
CHANA MITTY
DIRECTOR OF DN
- Total calculated
- $0
- Hours/week
- 4
-
KELETSO ROSENBER
DIRECTOR OF BOOST
- Total calculated
- $0
- Hours/week
- 4
-
SARA SHIFF
DIRECTOR OF HUMAN CAPITAL
- Total calculated
- $0
- Hours/week
- 4
-
MARIE SIRENKO
DIRECTOR OF DESIGN
- Total calculated
- $0
- Hours/week
- 4
-
DAVID TANG
DIRECTOR OF OPERATIONS
- Total calculated
- $0
- Hours/week
- 2
-
STEPHANIE TANG
DIRECTOR OF MEDIA & MARKETING
- Total calculated
- $0
- Hours/week
- 2
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
- 16 January 2024
- IRS schema version
- 2022v5.0
- Source object
- 202410169349301316
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