2024-05-30T10:26:46-05:00 2023-12-31 873231666 PKF O'CONNOR DAVIES ADVISORY LLC 500 MAMARONECK AVENUE SUITE 301 HARRISON NY 105281633 990 2023-01-01 131837418 CANDID FOUN 2126204230 32 OLD SLIP 24TH FL NEW YORK NY 10005 ANN MEI CHANG CEO 2126204230 2024-05-15 1 ANN MEI CHANG XXX-XX-XXXX 1 EVA MRUK P00543254 9143818900 2024-05-29 3 AAL1 IAL1 2023 2023-04-26 12:10:37Z ANN MEI CHANG 32 OLD SLIP 24TH FL NEW YORK NY 10005 78540830 0 X WWW.CANDID.ORG X 1956 NY CANDID GETS YOU THE INFORMATION YOU NEED TO DO GOOD. 18 18 230 19 74754 0 7177743 8769879 32245979 33025623 12320471 966328 95002 450638 51839195 43212468 0 0 0 0 24741623 21039590 0 0 1487325 15148047 14983357 39889670 36022947 11949525 7189521 90918496 100177752 31457207 30594864 59461289 69582888 X SEE SCHEDULE O 0 0 15424764 0 31265766 SEE SCHEDULE O - FOR NARRATIVE ON PRODUCTS 5789600 0 1302429 SEE SCHEDULE O - FOR NARRATIVE ON PUBLIC INTEREST AND OTHER PROGRAMS 4859817 0 457428 SEE SCHEDULE O - FOR NARRATIVE ON DATA COLLECTION AND ANALYSIS 26074181 1 1 0 1 0 0 0 0 0 1 1 0 0 1 1 1 0 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 62 0 230 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 18 18 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AL AK AR CA DC FL GA HI IL KS KY LA ME MD MA MI MN MS NH NJ NM NY NC ND OK OR PA RI SC TN UT VA WA WV WI X X X ANN MEI CHANG CEO 2126204230 32 OLD SLIP 24TH FLOOR NEW YORK NY 100053500 RHETT N MABRY CHAIR 1.00 X X 0 0 0 MELISSA BERMAN VICE CHAIR 1.00 X X 0 0 0 BRIAN TRELSTAD TREASURER 1.00 X X 0 0 0 ANA MARIE ARGILAGOS TRUSTEE 1.00 X 0 0 0 ESTHER T BENJAMIN TRUSTEE 1.00 X 0 0 0 KAMI DAR TRUSTEE 1.00 X 0 0 0 NAILA FAROUKY TRUSTEE 1.00 X 0 0 0 MARIA DEL ROSARIO GALLEGO GARCIA TRUSTEE 1.00 X 0 0 0 MATT GEE TRUSTEE 1.00 X 0 0 0 STEPHEN GOODALL TRUSTEE 1.00 X 0 0 0 ROMANITA HAIRSTON TRUSTEE 1.00 X 0 0 0 NEAL HEGARTY TRUSTEE 1.00 X 0 0 0 DEBORAH D HOOVER TRUSTEE 1.00 X 0 0 0 DOMINICK J IMPEMBA TRUSTEE, THRU MARCH 2, 2023 1.00 X 0 0 0 KENNETH M JONES TRUSTEE 1.00 X 0 0 0 SUSAN KISH TRUSTEE, THRU MARCH 2, 2023 1.00 X 0 0 0 MOSUN LAYODE TRUSTEE 1.00 X 0 0 0 DONNA MURRAY-BROWN TRUSTEE 1.00 X 0 0 0 KATHERINA ROSQUETA TRUSTEE, THRU MARCH 2, 2023 1.00 X 0 0 0 T SYLVESTER JOHN TRUSTEE, THRU NOVEMBER 2023 1.00 X 0 0 0 ANGELA F WILLIAMS TRUSTEE 1.00 X 0 0 0 ANN MEI CHANG CEO 50.00 X 397813 0 38444 MIZMUN KUSAIRI SECRETARY/VP OF PLANNING 50.00 X 220710 0 29767 PUNIT KOHLI VP OF FINANCE, THRU DECEMBER 2023 50.00 X 297096 0 35600 KEVIN L MULDER VP OF TECHNOLOGY 50.00 X 288784 0 69377 JOHN GONZALEZ VP OF PRODUCT MANAGEMENT 50.00 X 297000 0 66410 JOSE RODRIGUEZ SR. 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OF STRATEGIC PART 50.00 X 295542 0 33263 TRACY L WAKSLER VP OF GROWTH 50.00 X 269369 0 46622 DEANCA DICKEY VP OF TALENT 50.00 X 223036 0 31577 SHANE WARD VP OF DATA 50.00 X 213398 0 60735 2502748 0 411795 77 0 1 0 VENTION SOLUTIONS INC 697 MILL CREEK ROAD SUITE 13 MANAHAWKIN NJ 08050 SOFTWARE DEVELOPMENT CONSULTING 810008 ITECHART GROUP INC 697 MILL CREEK ROAD SUITE 13 MANAHAWKIN NJ 08050 SOFTWARE DEVELOPMENT CONSULTING 712116 BAS CONSULTING GROUP LLC 30 N GOULD ST STE R SHERIDAN WY 82801 FINANCE CONSULTING 246000 DANIEL J EDELMAN INC 21992 NETWORK PLACE CHICAGO IL 60673 WEBSITE MAINTENANCE CONSULTING 235401 RSM US LLP 331 WEST 3RD STREET SUITE 200 DAVENPORT IA 52801 FINANCE CONSULTING 229691 14 8769879 8769879 PRODUCT REVENUE 611710 31265766 31265766 CANDID COMMUNITY 611710 974550 974550 CANDID TRAINING 611710 327879 327879 COMMUNITY FDTN INSIGHT 611710 228386 228386 FOUNDATION WEB BUILDER 611710 1948 1948 227094 227094 33025623 1539159 1539159 44248 20000 24248 24248 24248 34735531 35308362 -572831 -572831 -572831 WRITE-OFF ACCRUED EXP 900099 218960 218960 MISC. INCOME 900099 132676 132676 SPONSORED WEBINARS 541800 74754 74754 426390 43212468 33025623 74754 1342212 1377591 1071465 238965 67161 15119026 11759311 2622629 737086 1251605 973476 217110 61019 2148749 1671259 372734 104756 1142619 888709 198205 55705 214931 214931 229209 229209 53800 53800 172631 172631 265444 173675 88056 3713 831861 831861 1242190 223831 858498 159861 6365635 4890599 1365056 109980 1972552 1350002 544462 78088 870047 508448 341221 20378 82551 82551 2081461 1431132 568757 81572 204298 140468 55824 8006 STAFF DEVELOPMENT 355823 36470 319353 REPAIRS AND MAINTENANCE 35332 35332 SALES TAX EXPENSE 5342 5342 NYS TAXES PAID 250 250 36022947 26074181 8461441 1487325 4214950 3501125 13551691 12868829 1842204 2891599 1501696 1650992 739177 576607 37652003 20247993 10810808 17404010 46790251 51180328 11467719 10104262 90918496 100177752 2124255 1960826 13751000 14783564 15581952 13850474 31457207 30594864 X 51126666 58724942 8334623 10857946 59461289 69582888 90918496 100177752 X 7189521 3862243 -930165 X X 0 1 X 1 0 X 20423009 12331121 23672424 7177743 8769879 72374176 20423009 12331121 23672424 7177743 8769879 72374176 21061818 51312358 722182 293548 21873 1097975 1583407 3718985 18598 1064486 87673 30792 351636 1553185 77646346 152418575 0.66080 0.63820 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: VENDING MACHINE INCOME - 2019 AMOUNT: $ 1,055. 2020 AMOUNT: $ 340. 2021 AMOUNT: $ 351. 2022 AMOUNT: $ 360. MISC INCOME - 2019 AMOUNT: $ 17,543. 2020 AMOUNT: $ 1,064,146. 2021 AMOUNT: $ 50,682. 2022 AMOUNT: $ 30,432. 2023 AMOUNT: $ 132,676. TAX REFUNDS - 2021 AMOUNT: $ 36,640. WRITE-OFF OF ACCRUED EXPENSES - 2023 AMOUNT: $ 218,960. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 53800 53800 0 PART II-B, LINE 1: CANDID ENGAGED LIGHTHOUSE PUBLIC AFFAIRS, LLC TO LOBBY AND SECURE FAVORABLE AMENDMENTS TO CALIFORNIA ASSEMBLY BILL 488 IN REGARDS TO THE REGULATION OF CHARITABLE FUNDRAISING PLATFORMS AND PLATFORM CHARITIES. LIGHTHOUSE PUBLIC AFFAIRS, LLC WAS PAID $53,800 FOR THEIR SERVICES FOR THE YEAR ENDING DECEMBER 31, 2023. 16121195 1368619 17489814 18466592 -2345397 16121195 18729532 3979318 22708850 17367766 1361766 18729532 14722785 2644981 17367766 0.90200 0.09800 0.00000 0 0 5136019 2910119 2225900 1188655 1073331 115324 31327329 16264543 15062786 17404010 RIGHT OF USE ASSET - OPERATING LEASES 10104262 10104262 ACCUMULATED POSTRETIREMENT BENEFIT OBLIGATION 925601 RIGHT OF USE LIABILITIES - OPERATING LEASES 12924873 13850474 X 46997010 3862243 94930 3957173 43039837 172631 172631 43212468 35870316 20000 20000 35850316 172631 172631 36022947 PART V, LINE 4: CANDID'S ENDOWMENT FUNDS AND BOARD-DESIGNATED AMOUNTS FOR LONG-TERM INVESTMENT CONSIST OF PERMANENTLY RESTRICTED NET ASSETS (ENDOWMENT FUNDS) AND A BOARD-DESIGNATED AMOUNT FOR LONG-TERM INVESTMENT. THE PERMANENTLY RESTRICTED NET ASSETS (ENDOWMENT FUNDS) ARE SUBJECT TO DONOR-IMPOSED STIPULATIONS THAT THE PRINCIPAL BE MAINTAINED PERMANENTLY BY CANDID. CANDID HAS THREE SEPARATE ENDOWMENTS AND IT IS PERMITTED TO USE THE INCOME EARNED ON THE RELATED INVESTMENTS FOR GENERAL PURPOSES, LIBRARY ACQUISITIONS AND PUBLIC EDUCATION. THE BOARD-DESIGNATED AMOUNT FOR LONG-TERM INVESTMENT IS A FUND SET ASIDE BY THE BOARD OF TRUSTEES FOR LONG-TERM INVESTMENT THAT ENSURE CANDID'S FINANCIAL STRENGTH AND AGILITY, AND PROVIDE A RESERVE FUND IN THE EVENT OF A FINANCIAL EMERGENCY. PART X, LINE 2: CANDID RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT CANDID HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. CANDID IS NO LONGER SUBJECT TO EXAMINATION BY THE APPLICABLE JURISDICTIONS FOR PERIODS PRIOR TO DECEMBER 31, 2020. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES REPORTED ON PART VIII, LINE 6B 20,000. POSTRETIREMENT CHANGES OTHER THAN NET PERIODIC BENEFIT COST 74,930. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES REPORTED ON PART VIII, LINE 6B 20,000. PART XI, LINE 2D - OTHER ADJUSTMENTS: AS OF DECEMBER 31, 2023, AN ACTUARIAL GAIN OF $74,930 WAS NOT YET RECOGNIZED AS A COMPONENT OF NET PERIODIC POSTRETIREMENT BENEFIT COST. THIS GAIN IS RECORDED ON THE DECEMBER 31, 2023 STATEMENT OF CHANGES IN NET ASSETS WITHOUT DONOR RESTRICTIONS. X X X X 0 0 0 1 0 0 0 1 0 ANN MEI CHANG CEO 392637 0 4660 0 516 0 23100 0 15344 0 436257 0 0 0 JOHN GONZALEZ VP OF PRODUCT MANAGEMENT 296208 0 0 0 792 0 21525 0 44885 0 363410 0 0 0 KEVIN L MULDER VP OF TECHNOLOGY 288664 0 0 0 120 0 21221 0 48156 0 358161 0 0 0 PUNIT KOHLI VP OF FINANCE, THRU DECEMBER 2023 285450 0 0 0 11646 0 20256 0 15344 0 332696 0 0 0 JOSE RODRIGUEZ SR. DIR. OF STRATEGIC PART 226831 0 30000 0 38711 0 16278 0 16985 0 328805 0 0 0 TRACY L WAKSLER VP OF GROWTH 268577 0 0 0 792 0 18258 0 28364 0 315991 0 0 0 SHANE WARD VP OF DATA 213006 0 0 0 392 0 15778 0 44957 0 274133 0 0 0 DEANCA DICKEY VP OF TALENT 222520 0 0 0 516 0 15948 0 15629 0 254613 0 0 0 MIZMUN KUSAIRI SECRETARY/VP OF PLANNING 220398 0 0 0 312 0 15623 0 14144 0 250477 0 0 0 PART I, LINE 3 REFER TO THE EXPLANATION FOR FORM 990, PART VI, SECTION B, LINE 15 ON SCHEDULE O. PART I, LINE 5 JOSE RODRIGUEZ, SENIOR DIRECTOR OF STRATEGIC PARTNERSHIPS & CHANNELS, RECEIVED A COMMISSION PAYMENT OF $37,471 BASED ON HIS INDIVIDUAL SALES DURING THE CALENDAR YEAR 2023. PART I, LINE 7 CERTAIN OFFICERS AND OTHER EMPLOYEES LISTED ON SCHEDULE J, PART II RECEIVED TAXABLE DISCRETIONARY BONUSES INCLUDED IN THEIR 2023 W-2S. FORM 990, PART III, LINE 1: EVERY YEAR, MILLIONS OF NONPROFITS SPEND TRILLIONS OF DOLLARS AROUND THE WORLD. CANDID FINDS OUT WHERE THAT MONEY COMES FROM, WHERE IT GOES, AND WHY IT MATTERS. THIS GIVES US A UNIQUE PLATFORM WHERE WE CAN SURFACE DATA AND INSIGHTS TO INFORM DECISION-MAKING, STREAMLINE THE GRANTMAKING PROCESS, AND ENSURE MORE EQUITABLE ACCESS TO FUNDING. CANDID GETS YOU THE INFORMATION YOU NEED TO DO GOOD. FORM 990, PART III, LINE 4A: CANDID'S PROGRAMS ALIGN WITH OUR 2030 VISION WHICH BUILDS ON OUR UNIQUE ABILITY TO BE THE INFORMATION INFRASTRUCTURE THAT SUPPORTS ORGANIZATIONS DOING GOOD. CANDID IS WORKING ON COLLECTING, ANALYZING, AND DISTRIBUTING DATA AND INSIGHTS ABOUT THE WORK OF THE SOCIAL SECTOR, ORGANIZED AROUND FIVE KEY STRATEGIES: REAL TIME, COMMON PROFILE, REAL PLACES, FULL VIEW, AND FULL STORY, WHICH ALIGN TO OUR PROGRAM AREAS AS FOLLOWS: MAJOR PRODUCTS AND OTHER PUBLIC SERVICE ACCOMPLISHMENTS INCLUDE THE FOLLOWING: COMMON PROFILE - ESTABLISH COMMON PROFILES WITH KEY INFORMATION ON SOCIAL SECTOR ORGANIZATIONS TO OPTIMIZE TRANSPARENCY AND REDUCE REDUNDANCY. THE SOCIAL SECTOR IS FRAGMENTED, LEAVING INDIVIDUAL ORGANIZATIONS CULTURALLY AND OPERATIONALLY ISOLATED. THROUGH A COMMON PROFILE WE CAN INCREASE THE THROUGHPUT OF BASIC ORGANIZATIONAL INFORMATION, REDUCE WASTE, REVEAL DIVERSITY, AND BUILD SHARED IDENTITY. A KEY STEP TOWARDS ESTABLISHING COMMON ORGANIZATIONAL PROFILES REQUIRES US TO INCREASE AND IMPROVE THE DATA IN CANDID PROFILES ON GUIDESTAR. GUIDESTAR CURRENTLY INCLUDES DATA ON 1.8 MILLION REGISTERED NONPROFITS, MAKING IT EASIER TO UNDERSTAND WHO THEY ARE AND WHAT THEY DO. NONPROFITS ARE ENCOURAGED TO UPDATE THEIR PROFILES AT NO COST TO THEM. AS OF DECEMBER 2023, 96,325 ORGANIZATIONS HAD EARNED A CANDID SEAL OF TRANSPARENCY. BY DOING SO, THEY INCREASE THEIR VISIBILITY ON CANDID'S PLATFORMS, ACCESSED BY 12+ MILLION PEOPLE EACH YEAR. THIS INFORMATION IS ALSO MADE AVAILABLE THROUGH DONOR PLATFORMS THAT USE OUR TOOLS INCLUDING TECHNOLOGY COMPANIES, DONOR ADVISED FUNDS, AND GIVING PLATFORMS WHICH USE OUR INFORMATION TO INCREASE ACCESS TO TRUSTED DATA. BY WORKING WITH THESE PLATFORMS TO INTEGRATE OUR DATA INTO THEIR SYSTEMS, WE ARE HELPING DONORS MAKE INFORMED DECISIONS TO FURTHER THE CAUSES THEY CARE ABOUT AND AMPLIFYING THE REACH OF OUR DATA. WE CONTINUE TO IMPROVE HOW WE COLLECT AND DISPLAY DATA TO HELP NONPROFITS SHARE THEIR WORK IN THE MOST MEANINGFUL WAY. THIS YEAR, WE FOCUSED ON MAKING IT EASIER FOR USERS TO ACHIEVE OUR BRONZE SEAL OF TRANSPARENCY WHICH IS THE FIRST OF FOUR SEAL LEVELS. WE MOVED TWO QUESTIONS, TARGET POPULATION AND GRANTMAKER STATUS, TO THE SILVER SEAL LEVEL. THE GOAL IS TO MAKE OBTAINING A SEAL OF TRANSPARENCY EASY, SO USERS ARE ENCOURAGED TO CONTINUE FILLING OUT THEIR INFORMATION. CANDID'S APIS ARE CUSTOMIZABLE TOOLS THAT OFFER A STANDARDIZED, REAL-TIME, SECURE MEANS TO ACCESS OUR DATA, FEEDING OUR FLAGSHIP PRODUCTS LIKE GUIDESTAR, FOUNDATION DIRECTORY, AND FOUNDATION MAPS. OUR APIS ARE ALSO USED BY FUNDERS TO INTEGRATE CANDID DATA INTO THEIR GRANTS MANAGEMENT SOFTWARE; BUSINESSES THAT WANT TO USE THIS DATA TO ENRICH RECORDS OR OTHER BUSINESS PROCESSES; AND INDIVIDUALS WHO ARE LOOKING FOR WAYS TO GIVE WISELY. IN 2023, WE LAUNCHED A FREE DEMOGRAPHICS API WHICH PROVIDES THE SOCIAL SECTOR WITH A STANDARDIZED DEMOGRAPHIC DATA STRUCTURE. IT ALLOWS FUNDERS TO STREAMLINE THEIR GRANTMAKING PROCESSES AND TRACK PROGRESS ON THEIR FUNDING COMMITMENTS WHILE REDUCING THE ADMINISTRATIVE BURDEN ON NONPROFITS. THE IDENTITIES COVERED IN OUR DEMOGRAPHICS INCLUDE RACE, ETHNICITY, GENDER IDENTITY, SEXUAL ORIENTATION, AND DISABILITY STATUS. BY ADDING DEMOGRAPHIC DATA TO NONPROFIT RECORDS, FUNDERS CAN KEEP THIS DATA UP TO DATE WITH THE LATEST INFORMATION REFRESHED ON DEMAND OR AUTOMATICALLY. FULL VIEW - WEAVE CANDID DATASETS TOGETHER TO SHARE ALL THAT IS KNOWN ABOUT THE SOCIAL SECTOR ACCESSIBLY AND INTUITIVELY. CANDID OFFERS SEVERAL TOOLS AND DATASETS TO ADVANCE THE WORK OF SOCIAL SECTOR ORGANIZATIONS. THIS INCLUDES FUNDRAISING TOOLS LIKE FOUNDATION DIRECTORY, ORGANIZATIONAL ANALYSIS TOOLS LIKE GUIDESTAR AND FOUNDATION MAPS, LANDSCAPE PORTALS, AND PRACTICE TOOLS SUCH AS CANDID LEARNING. WE CONTINUE TO MAINTAIN AND ENHANCE THESE TOOLS TO BEST SERVE OUR USERS. FOUNDATION DIRECTORY PROVIDES SUBSCRIBERS WITH ACCESS TO TIMELY, COMPREHENSIVE INFORMATION ON U.S GRANTMAKERS AND THEIR GRANTS, PLUS A GROWING NUMBER OF FOUNDATIONS LOCATED OUTSIDE OF THE U.S. THE PROFESSIONAL VERSION OF FOUNDATION DIRECTORY IS ACCESSIBLE TO ORGANIZATIONS AND COMMUNITY STAKEHOLDERS AT NO COST THROUGH OUR CANDID COMMUNITY PARTNERS. THIS DATABASE INCLUDES DATA ON 25 MILLION GRANT RECORDS WITH PROFILES OF 232,000 GRANTMAKERS. TO ENSURE THAT FINANCIAL RESOURCES AND GEOGRAPHIC LOCATION ARE NEVER A BARRIER, OUR GO FOR THE GOLD INITIATIVE ALLOWS 501C3 ORGANIZATIONS WITH BUDGETS OF LESS THAN $1 MILLION TO ACCESS A FREE SUBSCRIPTION TO FOUNDATION DIRECTORY IF THEY FILL OUT THEIR CANDID PROFILE AND EARN A GOLD SEAL OF TRANSPARENCY. IN 2023, 1,164 NONPROFITS TOOK ADVANTAGE OF THIS INITIATIVE. CANDID LEARNING IS OUR SINGLE DESTINATION FOR TRAINING, RESOURCES, AND LEARNING EXPERIENCES. THESE INCLUDE OUR KNOWLEDGE-BASED ARTICLES, COLLECTION OF SAMPLE DOCUMENTS AND NONPROFIT START-UP TOOLS, THE CANDID BLOG, AND MORE. OUR EXPERIENCED STAFF, NETWORK OF TRAINERS, TIME-TESTED CONTENT, AND USE OF OUR DATA TO GROUND EDUCATION IN FACTS MAKE THESE OFFERINGS POSSIBLE. OUR LEARNING EXPERIENCES ARE DESIGNED TO MEET USERS WHERE THEY ARE. THERE IS A GROWING MOVEMENT TO CREATE BITE-SIZED CONTENT THAT AN AUDIENCE CAN ACCESS ON-DEMAND, WHEN THEY NEED IT, IN THEIR BUSY WORKDAYS. IN 2023, CANDID PRIORITIZED MICROLEARNING TO STRATEGICALLY MEET OUR AUDIENCE'S NEEDS. MICROLEARNING IS DEFINED BY CONTENT THAT A LEARNER CAN ACCESS ON-DEMAND AND CONSUME QUICKLY. THE FORMATS THAT MICROLEARNING HAS TAKEN AT CANDID INCLUDE SHORT VIDEOS, INFOGRAPHICS, KNOWLEDGE BASE ARTICLES, AND SELF-PACED ELEARNING COURSES DESIGNED TO BE COMPLETED IN 10 MINUTES OR LESS. OVER THE LAST YEAR, OUR STAFF HAS WORKED HARD TO BUILD THE SYSTEMS THAT WILL ALLOW US TO WEAVE ALL OF CANDID'S DATASETS AND PLATFORMS TOGETHER INTO OUR NEXT GENERATION PLATFORM. THROUGH IT, WE ARE INTEGRATING MACHINE LEARNING, PERSONALIZED USER EXPERIENCE, ADVANCED VISUALIZATIONS, AND AI-DRIVEN TOOLS AND RECOMMENDATIONS TO CREATE, SYNTHESIZE, AND SHARE THE INSIGHTS THAT ANSWER KEY QUESTIONS ABOUT THE SOCIAL SECTOR. WE DELIVER TOOLS THAT CONNECT FUNDERS AND NONPROFITS ALONGSIDE GRANT FUNDING INSIGHTS AND ANALYSIS. WE BRING TOGETHER MULTIPLE SOURCES OF ORGANIZATIONAL DATA AND MAKE THAT AGGREGATED INFORMATION AVAILABLE FOR USERS TO CREATE CUSTOM SUMMARY PAGES ORGANIZED BY CAUSE, GEOGRAPHY, OR OTHER INTERESTS. THESE PAGES ARE PRESENTED USING DATA VISUALIZATION, MAPS, AND CAN EVEN SURFACE RELEVANT DOCUMENTS, RESEARCH, AND NEWS ARTICLES. THE ORGANIZED INFORMATION THE PLATFORM DELIVERS INFORMS DECISIONS AND DEEPENS UNDERSTANDING TO CREATE CONNECTIONS ACROSS THE SOCIAL SECTOR. WHAT SETS CANDID APART FROM OTHER PROVIDERS OF PUBLICLY AVAILABLE INFORMATION ABOUT SOCIAL SECTOR INSTITUTIONS IS THE EXPERIENCE AND RIGOR WE APPLY TO COLLECTING AND ENHANCING THAT INFORMATION. ENHANCEMENTS ELEVATE THE LEVEL OF INFORMATION BY MAKING IT MORE CURRENT, MORE DESCRIPTIVE, AND MORE INCLUSIVE. THESE IMPROVEMENTS PROVIDE AN UNPRECEDENTED LEVEL OF INSIGHT AND DISCOVERABILITY TO ORGANIZATIONS AND GRANTS. AS A 501C3 NONPROFIT ITSELF, CANDID HAS SUPPORTED THE SOCIAL SECTOR FOR MORE THAN 80 YEARS AND WORKS TO CREATE A SUSTAINABLE PUBLIC GOOD THAT SUPPORTS SUCCESS FOR THE ENTIRE SECTOR. IN 2023, WE DID A PHASED RELEASE OF NEW PRODUCTS AND FEATURES TO BETA TESTERS WHO HELPED US MAKE REFINEMENTS TO AN EARLY VERSION OF OUR NEXT GENERATION PLATFORM. WE'RE EXCITED TO SHARE THAT, STARTING IN 2024, FEATURES OF CANDID'S NEW PLATFORM WILL BE PUBLICLY AVAILABLE. WE HAVE UNIFIED OUR BACKEND SYSTEMS AND DATA FOR BOTH FOUNDATIONS AND NONPROFITS. THIS DATA IS FULLY SEARCHABLEINCLUDING BY CRITERIA SUCH A BOARD AND STAFF DEMOGRAPHICSAND CAN BE ACCESSED IN OUR UPDATED, ACCESSIBLE, AND EASY-TO-USE PLATFORM. IN THE COMING MONTHS, CANDID WILL ADD GRANTS DATA, ADVANCED VISUALIZATION, TREND ANALYSIS AND DATA COMPARISON TOOLS TO MAKE IT EASIER FOR OUR USERS TO GAIN MEANINGFUL INSIGHTS. FORM 990, PART III, LINE 4B: MAJOR PUBLIC INTEREST & OTHER PROGRAMS ACCOMPLISHMENTS IN 2023 INCLUDE THE FOLLOWING: REAL PLACES - CREATE PLACE-BASED NETWORKS TO ACCESS CANDID DATA AND CONNECT WITH OTHER CHANGEMAKERS. THROUGH OUR CANDID COMMUNITY PARTNERS (FORMERLY KNOWN AS FUNDING INFORMATION NETWORK), WE REACH LOCAL COMMUNITIES AND MAKE ACCESS TO OUR CORE TOOLS FREELY AVAILABLE TO ORGANIZATIONS THAT MIGHT NOT HAVE THE RESOURCES TO AFFORD SUBSCRIPTIONS. IN THE PAST, FOUNDATION DIRECTORY AND GRANTS TO INDIVIDUALS DATABASES WERE AVAILABLE AT PARTNER LOCATIONS. IN 2023, WE ADDED GUIDESTAR TO THE CANDID COMMUNITY PARTNER PACKAGE, ALLOWING PARTNERS TO SERVE A GREATER SWATH OF THEIR COMMUNITY BY PROVIDING ADDITIONAL RESOURCES FOR THOSE LOOKING TO RESEARCH, DONATE, OR VOLUNTEER WITH LOCAL NONPROFITS. THIS NEW OFFERING IS A MORE COMPLETE SOLUTION FOR PARTNERS WHO WANT TO BRING CANDID'S RESOURCES TO THEIR COMMUNITIES. OUR PARTNERS ARE DEEPLY EMBEDDED IN THE LOCAL COMMUNITIES THEY SERVE. IN 2023, WE FOCUSED ON EXPANDING OUR REACH TO MAKE OUR TOOLS AND RESOURCES MORE EQUITABLY ACCESSIBLE. WE GREW FROM 350 TO 952 PARTNER LOCATIONS ACROSS THE COUNTRY. THESE 952 PARTNERS CONSIST OF COMMUNITY-BASED ORGANIZATIONS THAT STRENGTHEN LOCAL NONPROFIT ECOSYSTEMS BY OFFERING A SUITE OF TRAINING AND DATA TOOLS FREE OF CHARGE TO THE PUBLIC. IN DECEMBER 2023, WE STREAMLINED FROM HAVING TWO TIERS TO ONE THAT OFFERS ACCESS TO CANDID TRAINING RESOURCES TO ALL PARTNERS. WE CONTINUED TO PROVIDE OUR CANDID COMMUNITY PARTNERS WITH THE SUPPORT THEY NEED TO SUCCESSFULLY USE OUR TOOLS AND PROGRAMS TO SERVE THEIR LOCAL COMMUNITIES. GIVEN CANDID'S OVERARCHING GOAL OF PROVIDING EQUITABLE ACCESS TO OUR TOOLS AND RESOURCES, IN 2023, WE MADE NEARLY ALL TRAININGS FREE SO THAT COST WOULD NO LONGER BE A BARRIER TO ACCESSING THEM. THIS IS MADE POSSIBLE BY THE GENEROUS SUPPORT WE RECEIVE FROM DONORS. WE'VE SEEN THE IMPACT OF DOING SO; OUR COURSE REGISTRATION NUMBERS DOUBLED TO OVER 55,000 IN 2023 COMPARED TO 26,000 IN 2022. THROUGH ISSUE LAB, WE SUPPORT ONGOING LEARNING AND RESEARCH IN THE SOCIAL SECTOR. THE SITE PROVIDES INSIGHTS FROM MORE THAN 34,000 RESEARCH REPORTS PUBLISHED AND/OR FUNDED BY SOCIAL SECTOR ORGANIZATIONS. IN 2023, WE LAUNCHED A CLIMATE CHANGE AND COMMUNITIES SPECIAL COLLECTION ON OUR ISSUE LAB PLATFORM. CLIMATE CHANGE AND COMMUNITIES IS A CURATED COLLECTION HIGHLIGHTING THE WAY CLIMATE CHANGE AFFECTS COMMUNITIES AND PEOPLE, AND THE WAYS COMMUNITIES AND PHILANTHROPY ARE RESPONDING. FROM PLANNING FOR RISING SEA LEVELS IN COASTAL AREAS TO IMPROVING WATER MANAGEMENT PRACTICES IN DROUGHT-PRONE REGIONS, THE 200+ REPORTS, CASE STUDIES, EVALUATIONS AND OTHER RESOURCES IN THIS COLLECTION PROVIDE A PICTURE OF WHAT THE RESPONSE TO CLIMATE CHANGE LOOKS LIKE IN VARIOUS COMMUNITIES AND THE WAYS PHILANTHROPY HAS SUPPORTED AND CAN CONTINUE TO SUPPORT THESE EFFORTS. CANDID'S EBOOK LIBRARY IS A CURATED COLLECTION OF FREE ONLINE LITERATURE ON TOPICS PERTINENT TO THE SOCIAL SECTOR, SUCH AS FUNDRAISING, NONPROFIT MANAGEMENT, SOCIAL ENTREPRENEURSHIP, AND BOARD DEVELOPMENT. IT IS ACCESSIBLE TO ANYONE, ANYWHERE, ANYTIME. IN 2023, 3,371 TITLES WERE BORROWED FROM OUR COLLECTION, A 195% INCREASE OVER 2022. OUR ONLINE LIBRARIAN SERVICE MADE IT EASY FOR PEOPLE TO ENGAGE WITH OUR TEAM OF EXPERTS TO GET ANSWERS TO THEIR QUESTIONS ABOUT FOUNDATIONS, PHILANTHROPY, FUNDRAISING, AND NONPROFITS. IN 2023, OUR ONLINE LIBRARIAN SERVICE RESPONDED TO MORE THAN 12,000 LIVE CHATS AND EMAIL INQUIRIES. THROUGH OUR SOCIAL MEDIA, NEWS, NEWSLETTERS, AND BLOGS, WE ARE GROWING THE GLOBAL CANDID COMMUNITY AND INCREASING PUBLIC AWARENESS OF CURRENT ISSUES AND TRENDS IN THE SECTOR. AS OF DECEMBER 2023, CANDID HAD 141,815 TWITTER/X FOLLOWERS, 67,101 FACEBOOK FOLLOWERS, 42,509 LINKEDIN FOLLOWERS, 10,657 YOUTUBE SUBSCRIBERS, AND 7,615 INSTAGRAM FOLLOWERS. PHILANTHROPY NEWS DIGEST (PND), CANDID'S DAILY NEWS SERVICE, IS A COLLECTION OF PHILANTHROPY-RELATED ARTICLES AND FEATURES CULLED FROM PRINT AND ELECTRONIC MEDIA OUTLETS NATIONWIDE AS WELL AS RFPS FROM FOUNDATIONS AND JOB LISTINGS. CANDID'S BI-WEEKLY NEWSLETTER FEATURES THE LATEST TRENDS AND RESEARCH IN THE SOCIAL SECTOR. THROUGH IT, WE PROVIDE INSIGHTS FROM OUR RESEARCH TEAM AND LEADERS IN PHILANTHROPY PLUS INFORMATION ON SKILLS-BUILDING AND PROFESSIONAL DEVELOPMENT OPPORTUNITIES. AS OF DECEMBER 2023, OUR NEWSLETTER HAD 585,237 SUBSCRIBERS. THROUGH CANDID'S BLOG, WE PROVIDE TIPS, INSIGHTS, AND NEWS FROM THE NONPROFIT SECTOR, INCLUDING UPDATES FROM CANDID. WE PUBLISHED 92 BLOG POSTS ON THE CANDID BLOG OVER THE PAST YEAR. THROUGH OUR CANDID PROFILES, WE CONTINUE TO COLLECT DEMOGRAPHIC INFORMATION TO HELP POTENTIAL FUNDERS BETTER UNDERSTAND ORGANIZATIONAL LEADERSHIP. THE DEMOGRAPHIC SECTION OF CANDID PROFILES ALLOWS ORGANIZATIONS TO SHARE DATA ABOUT THE RACE AND ETHNICITY, SEXUAL ORIENTATION, GENDER IDENTITY, AND DISABILITY STATUS OF THEIR STAFF AND BOARD. WE HAVE ADDED TWO NEW CATEGORIES MIDDLE EASTERN/NORTH AFRICAN AND NATIVE HAWAIIAN/PACIFIC ISLANDER AND UPDATED THE LABELS FOR SEVERAL EXISTING ONES. THESE CHANGES REFLECT FEEDBACK WE HAVE RECEIVED FROM THOSE SHARING THIS DATA ON THEIR CANDID PROFILES. THEY ALSO BRING CANDID'S EFFORTS INTO MUCH CLOSER ALIGNMENT WITH EXISTING AND EMERGING FEDERAL STANDARDS ON COLLECTING RACE AND ETHNICITY DATA. IN 2023, WE FORMALLY LAUNCHED OUR DEMOGRAPHICS VIA CANDID CAMPAIGN. COMPREHENSIVE AND PUBLIC DATA ON DEMOGRAPHICS IS FOUNDATIONAL TO OUR SECTOR'S WORK TO CREATE MORE EQUITABLE ENVIRONMENTS FOR ALL. DEMOGRAPHICS VIA CANDID EMPOWERS NONPROFITS TO SHARE VITAL INFORMATION ABOUT THEIR ORGANIZATIONS ONE TIME (WHAT WE CALL DATA1X) ON THEIR CANDID PROFILE WHERE IT CAN BE DEPLOYED AS NEEDED TO FUNDERS, RESEARCHERS, AND OTHER STAKEHOLDERS ACROSS THE FIELD. TOGETHER, WE CAN MAKE REAL PROGRESS TO REDUCE UNNECESSARY, DUPLICATIVE DATA REQUESTS ON NONPROFITS WHILE LEVELING THE FIELD TO BE MORE EQUITABLE, EFFECTIVE, AND EFFICIENT. BY THE END OF 2023, OUR STAFF HAD PARTNERED WITH 133 PHILANTHROPIC ORGANIZATIONS ACROSS THE COUNTRY TO ENCOURAGE THEIR GRANTEES OR MEMBERS TO SHARE THEIR DEMOGRAPHIC DATA VIA THEIR CANDID PROFILE ON GUIDESTAR. WE'VE SEEN AN INCREASING NUMBER OF NONPROFITS SHARING DATA WITH US THROUGH THE DEMOGRAPHIC SURVEY SECTION. BY 2023, MORE THAN 63,000 ORGANIZATIONS HAD SHARED THEIR DEMOGRAPHIC DATA WITH US COMPARED TO 50,000 IN 2022. THROUGH THIS CAMPAIGN, CANDID WILL MAKE NONPROFIT DEMOGRAPHIC DATA FREELY AVAILABLE FOR THE SECTOR AND PARTICIPANTS WILL MAKE THE GRANTING PROCESS QUICKER, EASIER, AND MORE EFFICIENT FOR THE NONPROFITS THEY SUPPORT. FORM 990, PART III, LINE 4C: MAJOR DATA COLLECTION & ANALYSIS ACCOMPLISHMENTS IN 2023 INCLUDE THE FOLLOWING: REAL TIME - BUILD A REAL-TIME GLOBAL DATA COLLECTION SYSTEM TO CAPTURE FUNDING FLOWS, NEWS, AND OUTCOMES. BUILDING A MORE ROBUST DATA COLLECTION SYSTEM THAT CAPTURES REAL-TIME DATA IS A VITAL STEP TOWARDS GETTING THE SECTOR THE INFORMATION IT NEEDS. IN 2023, WE RAMPED UP OUR EFFORTS TO EXPAND OUR DATA COLLECTION BY IMPROVING OUR NEWS SCRAPING CAPABILITIES, BUILDING PARTNERSHIPS, AND ENCOURAGING ORGANIZATIONS TO SHARE THEIR DATA WITH US. OUR TEAMS HAVE BEEN WORKING TO ENHANCE OUR U.S. DATA TO CREATE THE FRESHEST, MOST COMPREHENSIVE DATABASE OF U.S. FOUNDATION AND NONPROFIT ACTIVITY AND PROVIDE USERS WITH THE BEST SOURCES OF ACTIONABLE REAL-TIME INFORMATION. DURING 2023, WE CAPTURED AND SHARED DATA ON MORE THAN 8,400 OPEN FUNDING OPPORTUNITIES AND HAVE UPDATED OUR DATABASES WITH MORE THAN 1.6 MILLION GRANTS MADE IN 2022 OR LATER. CANDID CONTINUES TO SET DATA STANDARDS FOR PHILANTHROPY AND ENABLE FOUNDATIONS TO SHARE THEIR DATA DIRECTLY WITH US. IN 2023, 378 FUNDERS SUBMITTED DATA TO CANDID, INCLUDING 46 FUNDERS THAT CONTRIBUTED DATA TO US FOR THE FIRST TIME. FUNDERS WHO SHARED DATA TOTALED MORE THAN $112 BILLION ACROSS MULTIPLE FISCAL YEARS. OF THE GRANTS REPORTED, 48% WERE FOR FY22 OR LATER. THESE ARE GRANTS THAT ARE NOT YET AVAILABLE ON PUBLIC IRS 990-PF FORMS. BY SHARING GRANTS DATA DIRECTLY, FUNDERS ARE HELPING POWER SEVERAL RESOURCES THAT SERVE THE SOCIAL SECTOR. THESE INCLUDE FOUNDATION DIRECTORY, FOUNDATION MAPS, RESEARCH REPORTS, AND MORE. FULL STORY - EXPLAIN THE SOCIAL SECTOR'S CONTRIBUTIONS TO SOCIETY THROUGH FRESH INSIGHTS GROUNDED IN A MULTI-YEAR RESEARCH AGENDA. CANDID IS COMMITTED TO PROVIDING OUR AUDIENCES WITH A FULL PICTURE OF ORGANIZED PHILANTHROPY IN ITS MANY FORMS, FAR BEYOND JUST THE BASIC FACTS. WE PRODUCED TWO MAJOR NEW RESEARCH REPORTS IN 2023: - PHILANTHROPY AND HBCUS: FOUNDATION FUNDING TO HISTORICALLY BLACK COLLEGES AND UNIVERSITIES: THIS REPORT, CREATED AND PUBLISHED BY CANDID AND ABFE, IS THE MOST COMPREHENSIVE ANALYSIS OF PHILANTHROPIC SUPPORT TO HISTORICALLY BLACK COLLEGES AND UNIVERSITIES (HBCUS) TO DATE. WE HOPE THAT THIS WORK HELPS SPARK CONVERSATION ABOUT THE CRITICAL ROLE OF PHILANTHROPY IN THE SUSTAINABILITY AND CAPACITY BUILDING OF HBCUS. THE REPORT INCLUDES QUANTITATIVE ANALYSIS OF 18 YEARS OF FUNDING DATA TO 103 HBCUS AND INTERVIEWS WITH HBCU STAFF, STUDENTS, AND FUNDERS. - 2023 NONPROFIT COMPENSATION REPORT: WE RELEASED THE 23RD EDITION OF OUR ANNUAL NONPROFIT COMPENSATION REPORT THAT REVIEWS KEY EMPLOYEE COMPENSATION BASED ON 200,302 OBSERVATIONS FROM 123,589 FORMS 990 AND 990-EZ FILED BY 501(C) ORGANIZATIONS. IT INCLUDES COMPENSATION ANALYSIS OF NONPROFITS BY BUDGET SIZE, CAUSE AREA, GENDER, POSITION, AND MORE. IT IS THE ONLY LARGE-SCALE ANALYSIS OF ITS KIND BASED ENTIRELY ON DATA REPORTED TO THE IRS AND CONTINUES TO BE THE MOST COMPREHENSIVE NONPROFIT COMPENSATION STUDY AVAILABLE. WE CONTINUE WORKING ON OUR 3-YEAR RESEARCH AGENDA ON BLACK LEADERSHIP AND RACIAL REPRESENTATION IN THE NONPROFIT SECTOR, IN PARTNERSHIP WITH ABFE, AND HAVE ANOTHER REPORT SLATED TO LAUNCH IN 2024. OUR TEAM HAS ALSO BEEN SHARING INSIGHTS THROUGHOUT THE YEAR BY PUBLISHING THOUGHT LEADERSHIP PIECES USING OUR DATA ON THE CANDID BLOG. DURING 2023, WE PUBLISHED 17 SUCH BLOG POSTS ON TOPICS SUCH AS THE INTERSECTION OF RACIAL EQUITY AND ENVIRONMENTAL GRANTMAKING, WHAT IT MEANS TO BE BIPOC-LED, THE EFFECTS OF INFLATION ON FOUNDATION GIVING, AND MORE. IN ADDITION TO SHARING INSIGHTS THROUGH OUR ORIGINAL RESEARCH REPORTS AND BLOGS, WE WANT TO MAKE IT EASIER FOR RESEARCHERS IN THE FIELD TO BETTER UNDERSTAND OUR DATA TO CREATE ACCURATE ANALYSES AND INSIGHTS. TO DO SO, WE LAUNCHED THE FIRST TWO OF A SERIES OF RESEARCH MANUALS. - ANALYZING GRANTS AND OTHER PHILANTHROPIC TRANSACTIONS PROVIDES AN OVERVIEW OF OUR DATA AND INCLUDES GUIDELINES AND KEY CONSIDERATIONS FOR ITS USE IN RESEARCH. IT'S WRITTEN FOR A RESEARCHER-AUDIENCE AND INCLUDES INFORMATION ABOUT OUR DATA COLLECTION PRACTICES AND SOURCES; WHAT RESEARCHERS NEED TO UNDERSTAND BEFORE CONDUCTING RESEARCH WITH OUR DATA; THE DIFFERENT CANDID GRANTS DATA SETS AVAILABLE; AND KEY DATA FIELDS AND HOW TO INTERPRET THEM. - ANALYZING CANDID'S DEMOGRAPHIC DATA PROVIDES BACKGROUND AND BEST PRACTICES FOR THOSE LOOKING TO UNDERSTAND AND USE OUR NONPROFIT DEMOGRAPHIC DATA SET IN THEIR RESEARCH AND ANALYSES. OVER 62,000 U.S. NONPROFITS CURRENTLY SHARE SOME DEMOGRAPHIC DATA ABOUT THEIR STAFF AND BOARD WITH CANDID. THIS FREE DATA SET IS A GOLDMINE FOR RESEARCHERS AND EVALUATORS INTERESTED IN BETTER UNDERSTANDING THE DEMOGRAPHICS OF THE NONPROFIT SECTOR. BUT DATA IS ONLY USEFUL IF PEOPLE UNDERSTAND HOW TO LOOK AT AND INTERPRET IT. WE HAVE ALSO LAUNCHED OUR PILOT DATA SET PROGRAM FOR ACADEMICS. NOW, ACADEMIC RESEARCHERS ACROSS THE GLOBE CAN ACCESS A FREE, LIMITED INTRODUCTORY DATA SET ON NONPROFIT ORGANIZATIONS. CANDID DEVELOPS DATA-DRIVEN TOOLS AND CONTENT-RICH PLATFORMS FOR FUNDERS AND THEIR NETWORKS, CONSULTANTS, ADVISORS, AND GRANTEES THAT ARE DESIGNED TO ANSWER FUNDAMENTAL QUESTIONS SUCH AS: WHO IS FUNDING WHAT AND WHERE? HOW CAN WE KNOW WHAT OTHER FUNDERS KNOW? HOW CAN WE MAKE THE MOST OF WHAT WE ARE LEARNING? WE USE DATA VISUALIZATION TOOLS, NEWS, AND ORIGINAL RESEARCH TO ILLUMINATE KEY ISSUES IN PHILANTHROPY. OUR ISSUE-BASED PORTALS ARE DESIGNED FOR ONGOING UPDATES AND MAKE IT EASY FOR DONORS TO SCAN THE LANDSCAPE TO REVEAL OPPORTUNITIES, NEEDS, AND GAPS AND SEE HOW THEIR PAST, CURRENT, AND FUTURE EFFORTS FIT INTO THE BROADER FIELD. IN 2023, WE LAUNCHED A RAPID RESPONSE SITE ON PHILANTHROPIC EFFORTS FOLLOWING THE EARTHQUAKES IN TURKEY AND SYRIA: - PHILANTHROPIC RESPONSE TO THE EARTHQUAKES IN TURKEY AND SYRIA: USING OUR NEW RAPID RESPONSE SYSTEM, WHICH WAS CREATED WITH SUPPORT FROM THE ROBERT WOOD JOHNSON FOUNDATION, CANDID IS PROVIDING UPDATES ON PHILANTHROPIC EFFORTS TO SUPPORT THE PEOPLE AFFECTED BY THE EARTHQUAKES IN TURKEY AND SYRIA. THIS SITE OFFERS THE LATEST GRANTS AND PLEDGES AS A FREE DOWNLOAD, NEWS AND COMMENTARY, RESEARCH REPORTS, AND ADDITIONAL RESOURCES. FORM 990, PART VI, SECTION B, LINE 11B CANDID'S FORM 990 IS PREPARED BY THE OUTSIDE ACCOUNTING FIRM, PKF O'CONNOR DAVIES. THE FORM 990 IS THEN REVIEWED BY THE ORGANIZATION'S VP OF FINANCE AND CEO. SUBSEQUENTLY, THE AUDIT COMMITTEE OF CANDID'S BOARD OF TRUSTEES AND THE FULL BOARD RECEIVE AN ELECTRONIC COPY OF THE FORM 990 AND REVIEWS THE RETURN. AFTER RESPONDING TO ALL INQUIRIES AND MAKING ANY NECESSARY CHANGES, THE FINAL FORM 990 IS PROVIDED TO ALL MEMBERS OF THE BOARD PRIOR TO ITS FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C A CONFLICT OF INTEREST DISCLOSURE STATEMENT IS OBTAINED ANNUALLY FROM ALL TRUSTEES, OFFICERS, MANAGER AND OTHER KEY EMPLOYEES WHO ARE CURRENTLY SERVING CANDID. A REPORT SUMMARIZING THE DISCLOSURE STATEMENTS IS PROVIDED TO THE BOARD OF TRUSTEES ANNUALLY. IT IS CANDID'S POLICY THAT IN THE EVENT OF A CONFLICT THE FOLLOWING IS DONE: IF THERE IS A CONFLICT RELEVANT TO A MATTER REQUIRING ACTION BY THE BOARD OF TRUSTEES, THE INTERESTED PERSON SHALL CALL IT TO THE ATTENTION OF THE BOARD OF TRUSTEES, AND THE TRUSTEE CONCERNED SHALL NOT VOTE ON THE MATTER. MOREOVER, THE PERSON HAVING A CONFLICT MAY ANSWER QUESTIONS THAT SHALL ARISE FROM THE BOARD OF TRUSTEES, BUT SHALL RETIRE FROM THE ROOM IN WHICH THE BOARD IS MEETING AND SHALL NOT PARTICIPATE IN ANY DELIBERATION OR DECISION REGARDING THE MATTER UNDER CONSIDERATION. WHEN THERE IS DOUBT AS TO WHETHER A CONFLICT OF INTEREST EXISTS, THE MATTER SHALL BE RESOLVED BY VOTE OF THE BOARD OF TRUSTEES OR ITS COMMITTEE, EXCLUDING FROM THE ROOM AND THE VOTE THE PERSON WHOSE SITUATION WILL BE DISCUSSED. WHEN A CONFLICT OF INTEREST ARISES FOR ANY STAFF MEMBER EXCEPT THE PRESIDENT, THAT STAFF MEMBER SHALL REPORT IT TO THE PRESIDENT IN WRITING. A CONFLICT OF INTEREST RELATING TO THE PRESIDENT SHALL BE REPORTED IN WRITING TO THE CHAIR OF THE BOARD. IN ADDITION, IF THE CONFLICTED PARTY HAS A SUBSTANTIAL FINANCIAL INTEREST IN THE MATTER, THE BOARD WOULD NEED TO CONSIDER ALTERNATIVES. FORM 990, PART VI, SECTION B, LINE 15 CANDID'S BOARD OF TRUSTEES, CONSISTING OF INDEPENDENT PERSONS, ESTABLISHES COMPENSATION FOR THE PRESIDENT AND REVIEWS THE COMPENSATION FOR THE OTHER OFFICER(S) AND VICE PRESIDENTS ON AN ANNUAL BASIS. PRIOR TO MAKING COMPENSATION DECISIONS, THE BOARD OBTAINS INFORMATION ON THE COMPENSATION OF FUNCTIONALLY COMPARABLE POSITIONS FOR SIMILARLY QUALIFIED PERSONS AT SIMILARLY SITUATED ORGANIZATIONS AND/OR BENCHMARK SALARIES FOR SELECT POSITIONS OBTAINED FROM SALARY SURVEYS. DOCUMENTATION OF THE DELIBERATIONS AND DECISIONS WERE MADE VIA EMAIL. THE COMPENSATION REVIEW PROCESS WAS LAST UNDERTAKEN IN OCTOBER 2023. FORM 990, PART VI, SECTION C, LINE 19 CANDID'S AUDITED FINANCIAL STATEMENTS AND ANNUAL REPORT FOR THE PAST FIVE YEARS ARE POSTED ON ITS WEBSITE AND ARE DOWNLOADABLE. IN ADDITION, GOVERNANCE AND STAFFING POLICIES ARE POSTED, INCLUDING THE CODE OF CONDUCT (WHICH INCLUDES THE CONFLICT OF INTEREST POLICY), DIVERSITY STATEMENT AND THE EXECUTIVE COMPENSATION POLICY. FORM 990, PART XI, LINE 9: POSTRETIREMENT CHANGES OTHER THAN NET PERIODIC BENEFIT COST 74,930. LOSS ON DISPOSAL OF PROPERTY AND EQUIPMENT -1,005,095. FORM 990, PART XII, LINE 2C: CANDID DID NOT CHANGE EITHER ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR.