2024-05-08T09:32:21-05:00 2023-08-31 455297192 RYAN GUNSAULS & O'DONNELL LLC 5590 E YALE AVE SUITE 201 DENVER CO 80222 990 2022-09-01 830395730 HERS-HIGHER EDUCATION RESOURCE SERVICES HERS 3038716866 1901 E ASBURY AVE 220 DENVER CO 802081002 GLORIA THOMAS PRESIDENT 3038716866 2024-05-01 1 GLORIA THOMAS XXX-XX-XXXX 1 KATHERINE T MOELLER CPA P01270619 3037585558 2024-05-01 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z GLORIA THOMAS 1901 E ASBURY AVE 220 DENVER CO 802081002 2637763 0 X WWW.HERSNETWORK.ORG X 2004 CO HERS IS DEDICATED TO CREATING AND SUSTAINING A DIVERSE COMMUNITY OF LEADERS THROUGH LEADERSHIP DEVELOPMENT PROGRAMS AND OTHER STRATEGIES, WITH A COMMITMENT TO ACHIEVING EQUITY, INCLUSIVITY AND EXCELLENCE IN HIGHER EDUCATION. 17 17 9 0 0 0 181535 88222 1699863 2186257 91863 19155 0 0 1973261 2293634 0 0 0 0 940967 999363 0 0 350269 752524 1454605 1693491 2453968 279770 -160334 2564797 2871185 794694 1147140 1770103 1724045 X HERS IS DEDICATED TO CREATING AND SUSTAINING A DIVERSE COMMUNITY OF LEADERS THROUGH LEADERSHIP DEVELOPMENT PROGRAMS AND OTHER STRATEGIES, WITH A COMMITMENT TO ACHIEVING EQUITY, INCLUSIVITY AND EXCELLENCE IN HIGHER EDUCATION. 0 0 1261225 2186257 HERS (HIGHER EDUCATION RESOURCE SERVICES) IS A LEADERSHIP DEVELOPMENT AND RESEARCH ORGANIZATION DEDICATED TO CREATING AND SUSTAINING A DIVERSE NETWORK OF LEADERS IN HIGHER EDUCATION. HERS PROGRAMS ARE OPEN TO ALL GENDERS WHO SUPPORT THIS MISSION, HERS HISTORICALLY FOCUSED ON OFFERING PROGRAMS FOR WOMEN LEADERS IN HIGHER EDUCATION. CURRENTLY,OUR PROGRAMS SPAN THE CAREER LIFE CYCLE FOR ALL LEADERS, FROM ALL INSTITUTION TYPES, AND ALL BACKGROUNDS. HERS IS UNIQUE IN THAT WE PRIORITIZE EQUITY IN LEADERSHIP AS A WAY OF CREATING EQUITABLE OPPORTUNITIES TO THRIVE FOR ALL COLLEGE AND UNIVERSITY CAMPUS CONSTITUENTS. CONTINUED ON SCHEDULE O.FOUNDED IN 1972, HERS PROUDLY SERVES AS A NETWORK FOR HIGHER EDUCATION LEADERS AND IS BUILDING A REPOSITORY OF DATA AND RESOURCES FOR LEADERS WHO SEEK TO ADVANCE THEIR CAREERS,AND THEIR LEADERSHIP PRACTICE IN HIGHER EDUCATION. 1261225 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 35 0 1 9 0 0 0 0 0 0 0 0 0 0 0 X 17 17 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CO X THE ORGANIZATION 3038716866 1901 E ASBURY AVE 220 DENVER CO 802081002 X TUAJUANDA JORDAN IMMED PAST CHAIR 2.00 X X 0 0 0 JULIA JASKEN SECRETARY 2.00 X X 0 0 0 KIMBERLY KVAAL BOARD CHAIR 2.00 X X 0 0 0 SUSAN ELROD DIRECTOR 1.00 X 0 0 0 PHOEBE HADDON DIRECTOR 1.00 X 0 0 0 CARINE FEYTEN DIRECTOR 1.00 X 0 0 0 KRISTEN HODGE-CLARK VICE-CHAIR 2.00 X X 0 0 0 SANDRA CASSADY TREASURER 2.00 X X 0 0 0 BROOKE BARNETT DIRECTOR 1.00 X 0 0 0 STEPHANIE FUJII DIRECTOR 1.00 X 0 0 0 ANTIONETTE MARBRAY DIRECTOR 1.00 X 0 0 0 KATIE CONBOY DIRECTOR 1.00 X 0 0 0 KRISTIN ESTERBERG DIRECTOR 1.00 X 0 0 0 BEATRIZ GONZALEZ DIRECTOR 1.00 X 0 0 0 JANN JOSEPH DIRECTOR 1.00 X 0 0 0 PAMELA SCOTT-JOHNSON DIRECTOR 1.00 X 0 0 0 LYNETTE ZELEZNY DIRECTOR 1.00 X 0 0 0 GLORIA THOMAS PRESIDENT 40.00 X 221704 0 0 221704 0 0 2 0 1 0 FELICIA MCGINTY 89 SCHINDLER COURT SOMERSET NJ 08873 CONSULTING 144000 1 88222 88222 PROGRAM FEES 611430 1832183 1832183 OTHER REVENUES 611430 354074 354074 2186257 61284 61284 302000 344129 -42129 -42129 -42129 2293634 2186257 0 19155 X 372687 182617 137894 52176 626676 313446 229211 84019 28398 27124 632 642 18107 18107 63430 32349 31081 542602 166113 171442 205047 43454 43049 405 46656 15900 30462 294 98417 98417 182439 169511 12928 133620 96003 32128 5489 8735 8735 7173 7173 4613 4613 CATERING 166748 156558 9203 987 HONORARIA 86100 85600 500 INSTITUTE MATERIALS 24113 16004 6899 1210 2453968 1261225 842474 350269 94149 165397 1235866 752887 105427 53828 159751 45101 31756 14993 13345 1165961 1674378 0 2564797 2871185 104842 175611 689852 971529 794694 1147140 X 1770103 1681713 42332 1770103 1724045 2564797 2871185 -160334 114276 0 X X 0 1 X 1 0 X 133635 76822 47036 181535 88222 527250 1568400 1129391 1042192 1699863 2186257 7626103 1702035 1206213 1089228 1881398 2274479 8153353 7100 12700 22000 22400 29600 93800 0 7100 12700 22000 22400 29600 93800 8059553 76344 43321 36540 44400 61284 261889 76344 43321 36540 44400 61284 261889 -33716 39090 27211 47463 -42129 37919 1744663 1288624 1152979 1973261 2293634 8453161 0.95340 0.94230 0.03100 0.03890 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1000000 1000000 1000000 1000000 1000000 1092811 1092811 1000000 1000000 348220 348220 1000000 1000000 308894 308894 1000000 1.00000 0 0 45101 31756 13345 13345 X 2416410 114276 8500 122776 2293634 0 2293634 2462468 8500 8500 2453968 0 2453968 PART V, LINE 4: THE GOVERNING BOARD OF HERS DESIGNATED $1,000,000 OF ITS NET ASSETS AS AN ENDOWMENT. SINCE THIS RESTRICTION WAS NOT IMPOSED BY A DONOR, THIS ENDOWMENT IS CLASSIFIED AS WITHOUT DONOR RESTRICTIONS FOR FINANCIAL STATEMENT PURPOSES. THIS BOARD DESIGNATED ENDOWMENT WILL BE UTILIZED AS A STRATEGIC RESOURCE AVAILABLE TO HERS. DECISIONS ON HOW THE ENDOWMENT WILL BE USED WILL BE DETERMINED BY A THREE-FOURTHS VOTE FROM THE ELECTED VOTING MEMBERS OF THE BOARD. AT AUGUST 31, 2023, THE BOARD-DESIGNATED BALANCE OF THIS ENDOWMENT INVESTMENTS AND RELATED NET ASSETS WAS $1,000,000. THE EARNINGS ON THIS ENDOWMENT WAS SHOWN AS BOARD RESTRICTED ENDOWMENT, SHORT-TERM OF $116,521 ON AUGUST 31, 2023. PART X, LINE 2: HERS IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND CLASSIFIED AS OTHER THAN A PRIVATE FOUNDATION. HERS IS, HOWEVER, SUBJECT TO INCOME TAX ON ANY UNRELATED BUSINESS INCOME. THERE WAS NO UNRELATED TAXABLE INCOME FOR THE YEAR ENDED AUGUST 31, 2023. HERS HAS ADOPTED THE PROVISIONS OF INCOME TAXES. IN DETERMINING THE RECOGNITION OF UNCERTAIN TAX POSITIONS, HERS APPLIES A MORE-LIKELY-THAN-NOT RECOGNITION THRESHOLD AND DETERMINES THE MEASUREMENT OF UNCERTAIN TAX POSITIONS CONSIDERING THE AMOUNTS AND PROBABILITIES OF THE OUTCOMES THAT COULD BE REALIZED UPON ULTIMATE SETTLEMENT WITH TAXING AUTHORITIES. HERS ANALYZED ITS TAX POSITIONS TAKEN ON THEIR FEDERAL TAX RETURNS FOR THE OPEN TAX YEARS 2019 THROUGH 2021. BASED ON THEIR ANALYSIS, HERS DETERMINED THAT THERE WERE NO UNCERTAIN TAX POSITIONS AND THAT HERS SHOULD PREVAIL UPON EXAMINATION BY TAXING AUTHORITIES. X X 0 0 0 0 0 0 0 0 0 GLORIA THOMAS PRESIDENT 207354 0 0 0 14350 0 0 0 0 0 221704 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B A COPY OF FORM 990 IS PROVIDED TO THE ORGANIZATION'S AUDIT COMMITTEE OF THE BOARD OF DIRECTORS FOR REVIEW AND APPROVAL BEFORE IT IS FILED. AFTER REVIEW AND APPROVAL BY THE AUDIT COMMITTEE OF THE BOARD OF DIRECTORS, A COPY OF FORM 990 IS PROVIDED TO THE ORGANIZATION'S ENTIRE BOARD OF DIRECTORS FOR REVIEW AND APPROVAL BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE CHAIR OF THE BOARD OF DIRECTORS REGULARLY AND CONSISTENTLY MONITORS INDIVIDUALS AND ENTITIES FOR COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY. THE BOARD CHAIR IMMEDIATELY ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY WHEN CONFLICTS OF INTEREST ARISE. FORM 990, PART VI, SECTION B, LINE 15 THE PRESIDENT PROVIDES THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS WITH COMPARABILITY DATA FOR DETERMINING COMPENSATION. THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS REVIEWS AND APPROVES THE COMPENSATION. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G CONSULTING: PROGRAM SERVICE EXPENSES 166,113. MANAGEMENT AND GENERAL EXPENSES 171,442. FUNDRAISING EXPENSES 205,047. TOTAL EXPENSES 542,602. FORM 990, PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR.