FINANCIAL HEALTH NETWORK INC: Form 990, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- FINANCIAL HEALTH NETWORK INC (EIN 20-3006098)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-11-07
- IRS object ID
- 202403129349303220
- Schema version
- 2023v5.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-11-07T14:07:24-06:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 882730877 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHERRY BEKAERT ADVISORY LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1707 N RANDALL ROAD STE 200 | AddressLine1Txt |
| City | ELGIN | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60123 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2023-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 203006098 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FINANCIAL HEALTH NETWORK INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | FINA | BusinessNameControlTxt |
| Phone | 3128815856 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 30 N LASALLE ST 2040 | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60602 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | KELLY EMERY | PersonNm |
| Person Title | COO | PersonTitleTxt |
| Phone | 3128815856 | PhoneNum |
| Signature | 2024-10-25 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MELANIE MCPEAK | PreparerPersonNm |
| PTIN | P01346034 | PTIN |
| Phone | 8478888600 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2024-10-15 13:58:12Z | BuildTS |
Form 990 IRS990
Doing Business As Name DoingBusinessAsName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FINANCIAL HEALTH NETWORK | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | KELLY EMERY | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 30 N LASALLE ST 2040 | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60602 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $11,664,467 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | FINHEALTHNETWORK.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2005 | FormationYr |
| Legal Domicile State | IL | LegalDomicileStateCd |
| Activity Or Mission | THE FINANCIAL HEALTH NETWORK MISSION IS TO IMPROVE FINANCIAL HEALTH FOR ALL. | ActivityOrMissionDesc |
| Voting Members Governing Body | 10 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 9 | VotingMembersIndependentCnt |
| Total Employee | 62 | TotalEmployeeCnt |
| Total Volunteers | 9 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $9,297,225 | PYContributionsGrantsAmt |
| CY Contributions Grants | $4,867,681 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $6,205,846 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $5,536,681 | CYProgramServiceRevenueAmt |
| PY Investment Income | $3,717,583 | PYInvestmentIncomeAmt |
| CY Investment Income | $1,224,699 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $19,220,654 | PYTotalRevenueAmt |
| CY Total Revenue | $11,629,061 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $472,572 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $25,000 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $9,816,625 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $7,504,076 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $514,096 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $7,428,632 | PYOtherExpensesAmt |
| CY Other Expenses | $4,453,328 | CYOtherExpensesAmt |
| PY Total Expenses | $17,717,829 | PYTotalExpensesAmt |
| CY Total Expenses | $11,982,404 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $1,502,825 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$353,343 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $18,968,499 | TotalAssetsBOYAmt |
| Total Assets EOY | $18,727,767 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $3,116,849 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $3,579,735 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $15,851,650 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $15,148,032 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE FINANCIAL HEALTH NETWORK IS A TRUSTED RESOURCE FOR BUSINESS LEADERS, POLICYMAKERS, AND INNOVATORS UNITED IN A MISSION TO IMPROVE THE FINANCIAL HEALTH OF THEIR CUSTOMERS, EMPLOYEES, AND COMMUNITIES. WE ENVISION A FUTURE WHERE ALL PEOPLE, ESPECIALLY THE MOST VULNERABLE, HAVE THE FINANCIAL SYSTEMS THEY NEED TO BE RESILIENT AND THRIVE. OUR MISSION IS TO IMPROVE FINANCIAL HEALTH FOR ALL. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $9,739,228 | ExpenseAmt |
| Grant | $25,000 | GrantAmt |
| Revenue | $5,536,681 | RevenueAmt |
| Desc | FINANCIAL HEALTH NETWORK LEADS A NETWORK OF COMPANIES WHICH FOSTERS AND ACCELERATES CONSUMER-FOCUSED INNOVATION. THROUGH ITS COMPASS PRINCIPLES AND A LINEUP OF PROPRIETARY RESEARCH, INSIGHTS AND EVENTS, FINANCIAL HEALTH NETWORK INFORMS, ADVISES AND CONNECTS MEMBERS OF ITS NETWORK TO SEED THE INNOVATION THAT WILL TRANSFORM THE FINANCIAL SERVICES LANDSCAPE AND IMPROVE THE LIVES OF LOW AND MODERATE-INCOME AMERICANS. | Desc |
| Total Program Service Expenses | $9,739,228 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | Yes (1) | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | Yes (1) | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 40 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 62 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 10 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 9 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | IL | StatesWhereCopyOfReturnIsFldCd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KELLY EMERY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3129951535 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 30 N LASALLE ST 2040 | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60602 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (18 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Key EmployeeKeyEmployeeInd |
|---|---|---|---|---|---|---|---|---|---|
| JENNIFER TESCHER | |||||||||
| PRESIDENT & CEO | 40.00 | 0.00 | Yes (X) | Yes (X) | $357,000 | $0 | $78,663 | ||
| KELLY EMERY | |||||||||
| COO | 40.00 | 0.00 | Yes (X) | $286,546 | $0 | $4,950 | |||
| ADEEB MAHMUD | |||||||||
| CHIEF PROGRAM OFFICER | 40.00 | 0.00 | Yes (X) | $270,300 | $0 | $13,910 | |||
| SARAH GORDON | |||||||||
| CHIEF MARKET AND BUSINESS DEV | 36.00 | 0.00 | Yes (X) | $231,460 | $0 | $18,467 | |||
| MATTHEW BAHL | |||||||||
| VP, WORKPLACE MARKET LEAD | 40.00 | 0.00 | $226,427 | $0 | $18,732 | Yes (X) | |||
| MARISA WALSTER | |||||||||
| VP, FINANCIAL SERVICES SOLUTIONS | 40.00 | 0.00 | $187,343 | $0 | $14,251 | Yes (X) | |||
| ANGELA FONTES | |||||||||
| VP, POLICY AND RESEARCH | 40.00 | 0.00 | $189,598 | $0 | $4,976 | Yes (X) | |||
| ELIZABETH BROCKLAND | |||||||||
| VP, CLIENT SUCCESS AND WORKPLACE SOLUTIONS | 40.00 | 0.00 | $182,164 | $0 | $4,731 | Yes (X) | |||
| ANDY BANDYOPADHYAY | |||||||||
| CHIEF PRODUCT OFFICER (ATTUNE, TO 9.30) | 40.00 | 0.00 | $162,848 | $0 | $8,525 | Yes (X) | |||
| MIA BARRICINI | |||||||||
| SENIOR DIRECTOR, DEVELOPMENT | 40.00 | 0.00 | $154,859 | $0 | $5,793 | Yes (X) | |||
| MARK ERNST | |||||||||
| CHAIR | 3.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| LEONARD J LAUFER | |||||||||
| TREASURER | 2.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| GINA HARMAN | |||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| RODERICK KING MD MPH | |||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| JUDITH SAMUELSON | |||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| TAMARAH DUPERVAL-BROWNLEE | |||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| MELINDA HIGHTOWER | |||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| ELLEN SEIDMAN | |||||||||
| EMERITA | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $2,248,545 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $172,998 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 25 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| STATEMENT COMMUNICATIONS | |||||
| 420 WISCONSIN AVENUE | OAK PARK | IL | 60302 | COMMUNICATIONS & DESIGN | $546,375 |
| UNIVERSITY OF SOUTHERN CALIFORNIA | |||||
| 635 DOWNEY WAY | LOS ANGELES | CA | 90089 | PROGRAMMATIC RESEARCH | $287,013 |
| DEEL INC | |||||
| 650 2ND ST | SAN FRANCISCO | CA | 94107 | PROGRAMMATIC SUPPORT | $276,166 |
| INCANDESCENT LLC | |||||
| 28 W 25TH STREET FLOOR 9 | NEW YORK | NY | 10010 | OPERATIONAL ADVISORY | $200,000 |
| CHRISTOPHER VEJBY | |||||
| 633 34TH STREET | RICHMOND | CA | 94805 | PROGRAMMATIC SUPPORT | $147,274 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 7 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $4,867,681 | AllOtherContributionsAmt |
| Total Contributions | $4,867,681 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (4 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| NETWORK REVENUES | 541900 | $2,438,230 | $2,438,230 |
| CONSULTING FEES | 541900 | $2,055,171 | $2,055,171 |
| EVENT REVENUES | 541900 | $554,550 | $554,550 |
| OTHER | 541900 | $488,730 | $488,730 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $5,536,681 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $191,314 | TotalRevenueColumnAmt |
| Exclusion | $191,314 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $1,068,791 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $35,406 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $1,033,385 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,033,385 | TotalRevenueColumnAmt |
| Exclusion | $1,033,385 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $11,629,061 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $5,536,681 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $1,224,699 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $25,000 | TotalAmt |
| Program Services | $25,000 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,432,669 | TotalAmt |
| Program Services | $1,164,465 | ProgramServicesAmt |
| Management And General | $206,736 | ManagementAndGeneralAmt |
| Fundraising | $61,468 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,073,439 | TotalAmt |
| Program Services | $4,018,286 | ProgramServicesAmt |
| Management And General | $687,104 | ManagementAndGeneralAmt |
| Fundraising | $368,049 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $134,229 | TotalAmt |
| Program Services | $105,627 | ProgramServicesAmt |
| Management And General | $17,886 | ManagementAndGeneralAmt |
| Fundraising | $10,716 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $379,179 | TotalAmt |
| Program Services | $301,134 | ProgramServicesAmt |
| Management And General | $51,701 | ManagementAndGeneralAmt |
| Fundraising | $26,344 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $484,560 | TotalAmt |
| Program Services | $385,846 | ProgramServicesAmt |
| Management And General | $66,506 | ManagementAndGeneralAmt |
| Fundraising | $32,208 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $131,023 | TotalAmt |
| Program Services | $121,411 | ProgramServicesAmt |
| Management And General | $8,485 | ManagementAndGeneralAmt |
| Fundraising | $1,127 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $41,554 | TotalAmt |
| Program Services | $38,505 | ProgramServicesAmt |
| Management And General | $2,691 | ManagementAndGeneralAmt |
| Fundraising | $358 | FundraisingAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,245,764 | TotalAmt |
| Program Services | $1,174,449 | ProgramServicesAmt |
| Management And General | $62,950 | ManagementAndGeneralAmt |
| Fundraising | $8,365 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $747,470 | TotalAmt |
| Program Services | $632,474 | ProgramServicesAmt |
| Management And General | $114,414 | ManagementAndGeneralAmt |
| Fundraising | $582 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $15,605 | TotalAmt |
| Program Services | $10,269 | ProgramServicesAmt |
| Management And General | $5,336 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $510,640 | TotalAmt |
| Program Services | $322,313 | ProgramServicesAmt |
| Management And General | $188,322 | ManagementAndGeneralAmt |
| Fundraising | $5 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $435,750 | TotalAmt |
| Program Services | $286,100 | ProgramServicesAmt |
| Management And General | $149,650 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $190,430 | TotalAmt |
| Program Services | $166,746 | ProgramServicesAmt |
| Management And General | $23,036 | ManagementAndGeneralAmt |
| Fundraising | $648 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $126,794 | TotalAmt |
| Program Services | $80,721 | ProgramServicesAmt |
| Management And General | $46,073 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $76,606 | TotalAmt |
| Program Services | $47,718 | ProgramServicesAmt |
| Management And General | $28,888 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| PROGRAM EVENTS | $397,862 | $366,300 | $31,091 | $471 |
| MISSION RELATED INVESTM | $250,637 | $250,637 | ||
| BAD DEBT EXPENSE | $125,528 | $125,528 | ||
| SKILL BUILDING AND TRAI | $70,985 | $44,621 | $26,342 | $22 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $86,680 | TotalAmt |
| Program Services | $71,078 | ProgramServicesAmt |
| Management And General | $11,869 | ManagementAndGeneralAmt |
| Fundraising | $3,733 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,982,404 | TotalAmt |
| Program Services | $9,739,228 | ProgramServicesAmt |
| Management And General | $1,729,080 | ManagementAndGeneralAmt |
| Fundraising | $514,096 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,616,036 | BOYAmt |
| EOY | $2,683,667 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,979,581 | BOYAmt |
| EOY | $6,638,988 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,410,679 | BOYAmt |
| EOY | $249,704 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $495,520 | BOYAmt |
| EOY | $434,277 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $764,381 | BOYAmt |
| EOY | $638,852 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $746,656 | BOYAmt |
| EOY | $794,556 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $1,405,418 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $1,251,924 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $280,287 | BOYAmt |
| EOY | $153,494 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,784,712 | BOYAmt |
| EOY | $2,052,389 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $3,781,257 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $624,206 | BOYAmt |
| EOY | $1,279,001 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,266,441 | BOYAmt |
| EOY | $21,582 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $18,968,499 | BOYAmt |
| EOY | $18,727,767 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $820,923 | BOYAmt |
| EOY | $271,978 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,565,228 | BOYAmt |
| EOY | $1,537,312 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $730,698 | BOYAmt |
| EOY | $1,770,445 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,116,849 | BOYAmt |
| EOY | $3,579,735 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,743,340 | BOYAmt |
| EOY | $13,132,391 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,108,310 | BOYAmt |
| EOY | $2,015,641 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,851,650 | BOYAmt |
| EOY | $15,148,032 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $18,968,499 | BOYAmt |
| EOY | $18,727,767 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$353,343 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$350,275 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $9,701,745 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $16,015,437 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $13,487,153 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $9,297,225 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $4,867,681 | CurrentTaxYearAmt |
| Total | $53,369,241 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $9,701,745 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $16,015,437 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $13,487,153 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $9,297,225 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $4,867,681 | CurrentTaxYearAmt |
| Total | $53,369,241 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $29,362,497 | SubstantialContributorsTotAmt |
| Public Support Total170 | $24,006,744 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $233,542 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $86,571 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $4,271 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $33,691 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $191,314 | CurrentTaxYearAmt |
| Total | $549,389 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $53,918,630 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $26,848,148 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.44520 | PublicSupportCY170Pct |
| Public Support PY170 | 0.44560 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $76,062 | OtherCostOrOtherBasisAmt |
| Depreciation | $72,048 | DepreciationAmt |
| Book Value | $4,014 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,329,356 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,179,876 | DepreciationAmt |
| Book Value | $149,480 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $153,494 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (2 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| CORE INNOVATION CAPITAL | $39,358 | C |
| ATTUNE | $2,013,031 | C |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $2,052,389 | TotalBookValueSecuritiesAmt |
Invst Program Related Org InvstProgramRelatedOrgGrp (2 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| VALUATION ADJUSTMENT | -$2,386,710 | C |
| FSL | $6,167,967 | C |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Program Rltd | $3,781,257 | TotalBookValueProgramRltdAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| OPERATING LEASES | $1,431,278 |
| GRANT REFUNDABLE ADVANCES | $339,167 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $1,770,445 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $11,278,786 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$350,275 | NetUnrealizedGainsInvstAmt |
| Revenue Not Reported | -$350,275 | RevenueNotReportedAmt |
| Revenue Subtotal | $11,629,061 | RevenueSubtotalAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $11,629,061 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $11,982,404 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $11,982,404 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $11,982,404 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART X, LINE 2: | FormAndLineReferenceDesc |
| Explanation | THE ORGANIZATION HAS BEEN GRANTED TAX EXEMPT STATUS BY THE INTERNAL REVENUE SERVICE (IRS) UNDER INTERNAL REVENUE CODE SECTION 501(C)(3) AND ACCORDINGLY IS EXEMPT FROM INCOME TAXES ON RELATED BUSINESS INCOME. CONTRIBUTIONS TO THE ORGANIZATION ARE DEDUCTIBLE FOR INCOME TAX PURPOSES UNDER SECTION 170(B)(1)(A)(VI). THE ORGANIZATION'S ANNUAL INFORMATIONAL TAX RETURNS FILED WITH THE FEDERAL AND STATE GOVERNMENTS ARE SUBJECT TO EXAMINATION FOR THE STATUTORY PERIOD. THE ORGANIZATION DID NOT HAVE ANY UNRELATED BUSINESS INCOME FOR THE YEAR ENDED DECEMBER 31, 2023. ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS INCLUDED IN THE CONSOLIDATED FINANCIAL STATEMENTS. THE FUND IS ORGANIZED AS A LIMITED PARTNERSHIP BETWEEN THE ORGANIZATION AS THE GENERAL PARTNER AND A LIMITED PARTNER WHO IS A STRATEGIC INVESTOR WITH A STRONG INTEREST IN PROMOTING FINANCIAL SERVICES FOR U.S. EMERGING MARKETS. FOR TAX PURPOSES, THE FUND HAS ELECTED TO BE TREATED AS A LIMITED PARTNERSHIP AND FILES A SEPARATE TAX RETURN REPORTING ITS OPERATING RESULTS ACCORDING TO ITS PARTNERSHIP AGREEMENT. ANY DISTRIBUTIVE INCOME ATTRIBUTABLE TO THE ORGANIZATION IS NOT CONSIDERED SUBJECT TO UNRELATED BUSINESS INCOME TAX AS THE PARTNERSHIP'S PURPOSE FURTHERS ITS TAX-EXEMPT PURPOSE. FINANCIAL HEALTH NETWORK HAS EVALUATED ITS TAX POSITIONS TAKEN FOR ALL OPEN TAX YEARS. FINANCIAL HEALTH NETWORK HAS NOT BEEN EXAMINED BY ANY TAX JURISDICTION. BASED ON THE EVALUATION OF FINANCIAL HEALTH NETWORK'S TAX POSITIONS, MANAGEMENT BELIEVES ALL POSITIONS TAKEN WOULD BE UPHELD UNDER AN EXAMINATION; THEREFORE, NO PROVISION FOR THE EFFECTS OF AN UNCERTAIN TAX POSITION HAS BEEN RECORDED FOR THE YEAR ENDED DECEMBER 31, 2023. THE ORGANIZATION'S FEDERAL EXEMPT ORGANIZATION INCOME TAX RETURNS FOR 2020, 2021, AND 2022 ARE SUBJECT TO EXAMINATION BY THE IRS. | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SILVUR SERVICES LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2093 PHILADELPHIA PIKE 3966 | AddressLine1Txt |
| City | CLAYMONT | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 19703 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash Grant | $25,000 | CashGrantAmt |
| Non Cash Assistance | $0 | NonCashAssistanceAmt |
| Purpose Of Grant | SUPPORT OF RESEARCH: LMI OLDER ADULTS' EXPERIENCE WITH FINANCIAL ADVICE | PurposeOfGrantTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 0 | Total501c3OrgCnt |
| Total Other Org | 1 | TotalOtherOrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | GRANTEES ARE REQUIRED TO SUBMIT QUARTERLY REPORTS DETAILING THEIR PROGRESS AGAINST GRANT REQUIREMENTS AND USE OF GRANT FUNDS. FINANCIAL HEALTH NETWORK STAFF ALSO CONDUCT MONTHLY OR BI-MONTHLY CALLS WITH EACH GRANTEE TO OBTAIN AN UPDATE ON THEIR RECENT ACTIVITY RELATED TO THE GRANT. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (1) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (10 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| JENNIFER TESCHER | ||||||||||||||
| PRESIDENT & CEO | $357,000 | $0 | $0 | $0 | $0 | $0 | $64,110 | $0 | $14,553 | $0 | $435,663 | $0 | $0 | $0 |
| KELLY EMERY | ||||||||||||||
| COO | $278,512 | $0 | $8,034 | $0 | $0 | $0 | $4,000 | $0 | $950 | $0 | $291,496 | $0 | $0 | $0 |
| ADEEB MAHMUD | ||||||||||||||
| CHIEF PROGRAM OFFICER | $262,650 | $0 | $7,650 | $0 | $0 | $0 | $4,000 | $0 | $9,910 | $0 | $284,210 | $0 | $0 | $0 |
| SARAH GORDON | ||||||||||||||
| CHIEF MARKET AND BUSINESS DEV | $225,232 | $0 | $6,228 | $0 | $0 | $0 | $4,000 | $0 | $14,467 | $0 | $249,927 | $0 | $0 | $0 |
| MATTHEW BAHL | ||||||||||||||
| VP, WORKPLACE MARKET LEAD | $220,000 | $0 | $6,427 | $0 | $0 | $0 | $4,000 | $0 | $14,732 | $0 | $245,159 | $0 | $0 | $0 |
| MARISA WALSTER | ||||||||||||||
| VP, FINANCIAL SERVICES SOLUTIONS | $182,187 | $0 | $5,156 | $0 | $0 | $0 | $4,000 | $0 | $10,251 | $0 | $201,594 | $0 | $0 | $0 |
| ANGELA FONTES | ||||||||||||||
| VP, POLICY AND RESEARCH | $183,598 | $0 | $6,000 | $0 | $0 | $0 | $4,000 | $0 | $976 | $0 | $194,574 | $0 | $0 | $0 |
| ELIZABETH BROCKLAND | ||||||||||||||
| VP, CLIENT SUCCESS AND WORKPLACE SOL | $177,057 | $0 | $5,107 | $0 | $0 | $0 | $4,000 | $0 | $731 | $0 | $186,895 | $0 | $0 | $0 |
| ANDY BANDYOPADHYAY | ||||||||||||||
| CHIEF PRODUCT OFFICER (ATTUNE, TO 9. | $157,115 | $0 | $5,733 | $0 | $0 | $0 | $0 | $0 | $8,525 | $0 | $171,373 | $0 | $0 | $0 |
| MIA BARRICINI | ||||||||||||||
| SENIOR DIRECTOR, DEVELOPMENT | $150,461 | $0 | $4,398 | $0 | $0 | $0 | $4,000 | $0 | $1,793 | $0 | $160,652 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 4B | FormAndLineReferenceDesc |
| Explanation | JENNIFER TESCHER - $60,110.16 WAS PAID OUT BY THE PLAN AND INCLUDED IN HER W-2. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11B | THE FORM 990 IS INITIALLY REVIEWED BY THE VP FINANCE & COO, THEN BY THE FINANCE/AUDIT COMMITTEE. PRIOR TO FILING, THE FORM 990 IS MADE AVAILABLE TO THE BOARD OF DIRECTORS. |
| FORM 990, PART VI, SECTION B, LINE 12C | BOARD MEMBERS MUST SIGN A CONFLICT OF INTEREST POLICY AND REPORT ANY KNOWN CONFLICTS OF INTEREST ANNUALLY. THEY ARE ENCOURAGED TO REPORT CONFLICTS AS THEY OCCUR. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE BOARD OF DIRECTORS REVIEWS AND APPROVES THE PRESIDENT'S AND KEY OFFICERS' COMPENSATION, WHICH IS DETERMINED BY THE INDEPENDENT COMPENSATION COMMITTEE USING RECOMMENDATIONS FROM AN INDEPENDENT COMPENSATION CONSULTANT AND COMPENSATION SURVEYS. THE PRESIDENT REVIEWS AND APPROVES THE COMPENSATION OF OTHER OFFICERS AND KEY EMPLOYEES. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. |
| FORM 990, PART IX, LINE 11G | PROGRAMMATIC RESEARCH: PROGRAM SERVICE EXPENSES 273,663. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 273,663. OTHER: PROGRAM SERVICE EXPENSES 900,786. MANAGEMENT AND GENERAL EXPENSES 62,950. FUNDRAISING EXPENSES 8,365. TOTAL EXPENSES 972,101. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CFSI CATALYST GP LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 30 N LASALLE ST SUITE 2040 | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60602 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 260509531 | EIN |
| Primary Activities | COMMUNITY DEVELOPMENT INVESTMENTS | PrimaryActivitiesTxt |
| Legal Domicile State | IL | LegalDomicileStateCd |
| Total Income | $0 | TotalIncomeAmt |
| End Of Year Assets | $0 | EndOfYearAssetsAmt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FINANCIAL HEALTH NETWORK INC | BusinessNameLine1Txt |
Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE CFSI CATALYST FUND LP | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 30 N LASALLE ST STE 2040 | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60602 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 260509703 | EIN |
| Primary Activities | FINANCIAL PRODUCTS | PrimaryActivitiesTxt |
| Legal Domicile State | IL | LegalDomicileStateCd |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CFSI CATALYST GP LLC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Predominant Income Type | INVESTMENTS | PredominantIncomeTypeTxt |
| Disproportionate Allocations | Yes (1) | DisproportionateAllocationsInd |
| General Or Managing Partner | Yes (1) | GeneralOrManagingPartnerInd |
| Ownership | 0.50000 | OwnershipPct |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
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