Form 990 for tax year 2022

Filed by ABERCROMBIE & KENT PHILANTHROPY INC.

Totals

Total revenue: $930,024
Total expenses: $903,300
Contributions and grants received: $929,179
Grants paid: $0
Program service revenue: $0
Investment income: $845
Other revenue: $0
Total assets, end of year: $816,075
Total liabilities, end of year: $737,638
Net assets or fund balances, end of year: $78,437
Program services expenses (Part IX): $731,661
Management and general expenses: $144,996
Fundraising expenses: $26,643
Program service expenses (Part III): $731,661

Program services were 81.0% 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.

1d · Related organizations

$306,025
1f · All other contributions, gifts and grants

$623,154
3 · Investment income

total $845 · excluded $845

Functional expenses

Part IX, the statement of functional expenses.

5 · Compensation of officers, directors and key employees

total $202,555 · program services $141,788 · management and general $50,639 · fundraising $10,128
7 · Other salaries and wages

total $76,124 · program services $44,450 · management and general $22,905 · fundraising $8,769
8 · Pension plan contributions

total $1,504 · program services $1,004 · management and general $398 · fundraising $102
10 · Payroll taxes

total $18,406 · program services $12,291 · management and general $4,865 · fundraising $1,250
11b · Fees: legal

total $251 · management and general $251
11c · Fees: accounting

total $20,877 · management and general $20,877
11g · Fees: other

total $22,800 · management and general $22,800
12 · Advertising and promotion

total $2,389 · fundraising $2,389
13 · Office expenses

total $7,941 · program services $5,305 · management and general $2,099 · fundraising $537
14 · Information technology

total $14,618 · program services $9,761 · management and general $3,864 · fundraising $993
17 · Travel

total $37,237 · program services $25,663 · management and general $9,207 · fundraising $2,367
19 · Conferences, conventions and meetings

total $3,399 · program services $3,399
23 · Insurance

total $6,670 · management and general $6,670
24a · Other expenses: PROJECT EXPENSES

total $486,938 · program services $486,938
24e · All other expenses

total $1,591 · program services $1,062 · management and general $421 · fundraising $108

Balance sheet

Part X, book values.

1 · Cash, non-interest-bearing

beginning of year $245,194 · end of year $535,964
2 · Savings and temporary cash investments

beginning of year $166,492 · end of year $167,337
3 · Pledges and grants receivable

beginning of year $58,813 · end of year $89,295
4 · Accounts receivable

beginning of year $374 · end of year $9,951
9 · Prepaid expenses and deferred charges

beginning of year $3,943 · end of year $13,528
10a · Land, buildings and equipment: cost or other basis

$0
10c · Land, buildings and equipment, net

beginning of year $0
17 · Accounts payable and accrued expenses

beginning of year $31,629 · end of year $56,205
22 · Loans and payables to officers and key people

beginning of year $391,474 · end of year $681,433
27 · Net assets without donor restrictions

beginning of year -$264,167 · end of year -$412,127
28 · Net assets with donor restrictions

beginning of year $315,880 · end of year $490,564

Mission and programs · 2022

Mission

TO HELP NATURE THRIVE AND CULTURES TO FLOURISH BY POSITIVELY IMPACTING LIVES AND LIVELIHOODS OF COMMUNITIES WHERE ABERCROMBIE & KENT GUESTS TRAVEL THROUGH EDUCATION, CONSERVATION, HEALTH SUPPORT AND ENTERPRISE

Activities or mission (Part I)

TO HELP NATURE THRIVE AND CULTURES TO FLOURISH BY POSITIVELY IMPACTING LIVES AND LIVELIHOODS

ABERCROMBIE & KENT PHILANTHROPY (AKP) IS DEEPLY COMMITTED TO ITS FOUR PILLARS: EDUCATION, HEALTH CARE, CONSERVATION AND COMMUNITY ENTERPRISE DEVELOPMENT. WE BELIEVE THAT THE PRESERVATION OF OUR NATURAL AND CULTURAL HERITAGES IS BEST ACCOMPLISHED THROUGH THE SUSTAINED UNIFICATION OF ENVIRONMENTAL AND ECONOMIC GOALS. AKP STRIVES TO: 1) EDUCATE AND TRAIN COMMUNITIES WITH WHOM WE WORK TO PROTECT THE ENVIRONMENT AS A NATURAL, RENEWABLE RESOURCE FOR THEIR ECONOMIC BENEFIT AND FOR FUTURE GENERATIONS. 2) TAKE A PROACTIVE ROLE IN PROTECTING ENDANGERED SPECIES AND THE ECOSYSTEMS UPON WHICH THEY DEPEND. 3) SET AN EXAMPLE AND EDUCATE TRAVELERS TO HELP THEM UNDERSTAND AND RESPECT THE AREAS IN WHICH THEY TRAVEL SO THESE FRAGILE ECOSYSTEMS CAN CONTINUE TO THRIVE. 4) ENGAGE THE HELP OF OUR GUESTS BY INTRODUCING CIVIC-MINDED TRAVELERS TO GRASSROOTS ORGANIZATIONS MAKING A DIFFERENCE IN EDUCATION, HEALTH, CONSERVATION AND COMMUNITIES IN THE DESTINATIONS THEY VISIT.

Expenses $731,661

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

Keith SprouleKEITH SPROULE

EXEC DIRECTOR/SECRETARY

Total calculated

$198,584

From this org

$183,517

From related orgs

$0

Other

$15,067

Hours/week

37.5

Schedule J breakdown matched by us

Base

$183,517

Bonus

$0

Other

$0

Deferred

$5,625

Nontaxable benefits

$9,442

Filer's total

$198,584
Geoffrey KentGEOFFREY KENT

CO-CHAIR

Total calculated

$0

Hours/week

2
Jorie Butler KentJORIE BUTLER KENT

CO-CHAIR

Total calculated

$0

Hours/week

2
Andrew BurrettANDREW BURRETT

TREASURER (AS OF 1/22)

Total calculated

$0

Hours/week

2
Keith BaronKEITH BARON

DIRECTOR

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. 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 · 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.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

ABERCROMBIE & KENT USA LLC

TOUR OPERATOR · DE

Provenance

Return type: form_990
Tax year: 2022
Filed: 15 August 2023
IRS schema version: 2022v5.0
Source object: 202312339349301421

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