Skip to content
Nonprofiteer
← CORTICO CORPORATION

Form 990 for tax year 2023

Filed by CORTICO CORPORATION.

This return was superseded by a later amendment. matched by us It is kept because history is preserved rather than replaced.

What the amendment changed

Compared with the latest return for 2023 , filed 5 August 2025. matched by us Only the Part I totals and the names listed in Part VII are compared. We relate returns by organization, tax year and form, and order them by each return's own timestamp; the filer's own "amended return" checkbox is a separate fact.

Total expenses
$4,323,183 changed to $4,401,257
Total assets, end of year
$7,542,809 changed to $8,084,564
Total liabilities, end of year
$121,435 changed to $444,570
Net assets or fund balances, end of year
$7,421,374 changed to $7,639,994
Program services expenses
$3,416,747 changed to $3,896,433
Management and general expenses
$808,297 changed to $449,719
Fundraising expenses
$98,139 changed to $55,105
Program service expenses (Part III)
$3,416,747 changed to $3,896,433

Totals

Total revenue
$2,494,401
Total expenses
$4,323,183
Contributions and grants received
$1,696,925
Grants paid
$0
Program service revenue
$706,322
Investment income
$84,499
Other revenue
$6,655
Total assets, end of year
$7,542,809
Total liabilities, end of year
$121,435
Net assets or fund balances, end of year
$7,421,374
Program services expenses (Part IX)
$3,416,747
Management and general expenses
$808,297
Fundraising expenses
$98,139
Program service expenses (Part III)
$3,416,747

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

    $1,696,925

  • 2a · Program service revenue: PROGRAM SERVICE FEES

    total $706,322 · related or exempt $706,322

  • 3 · Investment income

    total $84,499 · excluded $84,499

  • 11a · Other revenue: MISCELLANEOUS REVENUE

    total $6,655 · excluded $6,655

  • 11e · Other revenue, total

    $6,655

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $527,608 · program services $416,810 · management and general $100,246 · fundraising $10,552

  • 7 · Other salaries and wages

    total $2,135,255 · program services $1,687,670 · management and general $398,309 · fundraising $49,276

  • 8 · Pension plan contributions

    total $85,189 · program services $67,332 · management and general $15,891 · fundraising $1,966

  • 9 · Other employee benefits

    total $263,256 · program services $208,073 · management and general $49,107 · fundraising $6,076

  • 10 · Payroll taxes

    total $206,777 · program services $163,432 · management and general $38,572 · fundraising $4,773

  • 11b · Fees: legal

    total $106,814 · program services $84,425 · management and general $19,925 · fundraising $2,464

  • 11c · Fees: accounting

    total $32,324 · program services $25,549 · management and general $6,029 · fundraising $746

  • 11g · Fees: other

    total $299,614 · program services $236,811 · management and general $55,891 · fundraising $6,912

  • 13 · Office expenses

    total $41,474 · program services $32,783 · management and general $7,736 · fundraising $955

  • 14 · Information technology

    total $100,997 · program services $79,827 · management and general $18,840 · fundraising $2,330

  • 16 · Occupancy

    total $2,441 · program services $1,929 · management and general $455 · fundraising $57

  • 17 · Travel

    total $149,904 · program services $118,482 · management and general $27,964 · fundraising $3,458

  • 22 · Depreciation, depletion and amortization

    total $289,927 · program services $229,154 · management and general $54,084 · fundraising $6,689

  • 23 · Insurance

    total $6,932 · program services $5,479 · management and general $1,293 · fundraising $160

  • 24a · Other expenses: PROGRAM EXPENSE

    total $57,902 · program services $45,763 · management and general $10,804 · fundraising $1,335

  • 24b · Other expenses: EQUIPMENT

    total $14,282 · program services $11,260 · management and general $2,686 · fundraising $336

  • 24c · Other expenses: OTHER EXPENSES

    total $2,487 · program services $1,968 · management and general $465 · fundraising $54

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $3,904,198 · end of year $4,731,754

  • 3 · Pledges and grants receivable

    beginning of year -$35,308 · end of year $2,222,056

  • 4 · Accounts receivable

    beginning of year -$280 · end of year $205,023

  • 9 · Prepaid expenses and deferred charges

    beginning of year $0 · end of year $11,811

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

    $120,264

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

    $76,349

  • 10c · Land, buildings and equipment, net

    beginning of year $614 · end of year $43,915

  • 14 · Intangible assets

    beginning of year $629,022 · end of year $321,250

  • 15 · Other assets

    beginning of year $7,000 · end of year $7,000

  • 17 · Accounts payable and accrued expenses

    beginning of year $29,906 · end of year $121,435

  • 27 · Net assets without donor restrictions

    beginning of year $4,475,340 · end of year $2,766,913

  • 28 · Net assets with donor restrictions

    beginning of year $0 · end of year $4,654,461

Mission and programs · 2023

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.

Activities or mission (Part I)

TO FOSTER CONSTRUCTIVE PUBLIC CONVERSATION TO IMPROVE OUR UNDERSTANDING OF ONE ANOTHER.

  • IN 2023 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 FACILITATEDCONVERSATIONS ABOUT WHAT MATTERS MOST TO THEM IN THEIR COMMUNITIES ANDIN THE NATION.CONVERSATIONS MIGHT FOCUS BROADLY ON HOPES AND CONCERNS, OR BE MORETOPICALLY FOCUSED; BUT, THE COMMON QUALITIES ARE SURFACING THE VALUESDRIVING INDIVIDUAL PARTICIPATION, SHARING PERSONAL EXPERIENCES THATINFORM THOUGHTS AND FEELINGS ABOUT THEIR COMMUNITIES, AND ENGAGING INMEANING-MAKING THROUGH REFLECTION ON PERSPECTIVES OF OTHERS BOTH WITHIN

    Expenses $3,416,747 · Revenue $706,322

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Deb Roby

    CEO & CO-FOUNDER

    Total calculated
    $0
    Hours/week
    5

  • Eugene Yi

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • Kathy Kramer

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • Yat Siu

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • Juan Enriquez

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • Russell Stevens

    TREASURER & CO-FOUNDER

    Total calculated
    $0
    Hours/week
    5

  • Jenine Turner-Trauring

    INTERIM SOFTWARE ENGINEERING TEAM LEAD

    Total calculated
    $109,228
    From this org
    $109,228
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Alex Kelly Berman

    VP OF PARTNERSHIPS & PROGRAMS

    Total calculated
    $143,018
    From this org
    $143,018
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Josiah Oberholtzer

    SOFTWARE ENGINEER

    Total calculated
    $123,582
    From this org
    $123,582
    From related orgs
    $0
    Other
    $0
    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
2023
Filed
15 November 2024
IRS schema version
2023v5.1
Source object
202433209349327318

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.