CORE KNOWLEDGE FOUNDATION: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
CORE KNOWLEDGE FOUNDATION (EIN 54-1371584)
Tax period
2023-01-01 to 2023-12-31
Filed
2024-11-15
IRS object ID
202413209349302811
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

FieldValueIRS element (for citing)
Return2024-11-15T07:33:05-06:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN540618213PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1HANTZMON WIEBEL LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 1408AddressLine1Txt
CityCHARLOTTESVILLECityNm
State AbbreviationVAStateAbbreviationCd
ZIP22902ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN541371584EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1CORE KNOWLEDGE FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlCOREBusinessNameControlTxt
Phone4349777550PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1801 EAST HIGH STREETAddressLine1Txt
CityCHARLOTTESVILLECityNm
State AbbreviationVAStateAbbreviationCd
ZIP22902ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonLINDA BEVILACQUAPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone4349777550PhoneNum
Signature2024-11-11SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonP FRANK BERRYPreparerPersonNm
PTINP00322544PTIN
Phone4342962156PhoneNum
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2024-10-15 13:58:12ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerLINDA BEVILACQUAPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1801 EAST HIGH STREETAddressLine1Txt
CityCHARLOTTESVILLECityNm
State AbbreviationVAStateAbbreviationCd
ZIP22902ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$23,518,661GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.COREKNOWLEDGE.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1986FormationYr
Legal Domicile StateVALegalDomicileStateCd
Activity Or MissionTHE FOUNDATION'S MISSION IS TO PROVIDE EDUCATIONAL EXCELLENCE AND EQUITY FOR ALL CHILDREN.ActivityOrMissionDesc
Voting Members Governing Body11VotingMembersGoverningBodyCnt
Voting Members Independent11VotingMembersIndependentCnt
Total Employee21TotalEmployeeCnt
Total Volunteers12TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$33,101PYContributionsGrantsAmt
CY Contributions Grants$14,600CYContributionsGrantsAmt
PY Program Service Revenue$5,526,672PYProgramServiceRevenueAmt
CY Program Service Revenue$18,169,104CYProgramServiceRevenueAmt
PY Investment Income$105,160PYInvestmentIncomeAmt
CY Investment Income$455,037CYInvestmentIncomeAmt
PY Other Revenue$3,325,569PYOtherRevenueAmt
CY Other Revenue$3,496,573CYOtherRevenueAmt
PY Total Revenue$8,990,502PYTotalRevenueAmt
CY Total Revenue$22,135,314CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$1,474,909PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$1,774,149CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$11,130CYTotalFundraisingExpenseAmt
PY Other Expenses$2,938,742PYOtherExpensesAmt
CY Other Expenses$4,405,872CYOtherExpensesAmt
PY Total Expenses$4,413,651PYTotalExpensesAmt
CY Total Expenses$6,180,021CYTotalExpensesAmt
PY Revenues Less Expenses$4,576,851PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$15,955,293CYRevenuesLessExpensesAmt
Total Assets BOY$15,695,147TotalAssetsBOYAmt
Total Assets EOY$35,066,937TotalAssetsEOYAmt
Total Liabilities BOY$1,819,099TotalLiabilitiesBOYAmt
Total Liabilities EOY$2,582,949TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$13,876,048NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$32,483,988NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE MISSION OF THE FOUNDATION IS THE RE-INTRODUCTION OF COHERENT CONTENT INTO THE EARLY GRADES AS A NECESSARY MEANS TO ACCOMPLISHING A FUNDAMENTAL GOAL OF SCHOOLING IN A DEMOCRACY ENABLING ALL CHILDREN TO THRIVE, AS JEFFERSON PUT IT, ACCORDING TO THEIR TALENTS AND VIRTUES, REGARDLESS OF WHO THEIR PARENTS HAPPEN TO BE. THE FOUNDATION'S GOALS ARE CAPUTRED IN ITS MOTTO "EDUCATIONAL EXCELLENCE AND EQUITY FOR ALL CHILDREN." WE BELEIVE THAT OPEN ACCESS TO EXEMPLARY CURRICULUM MATERIALS IS THE BEST WAY TO LEVEL THE PLAYING FIELD AND INCREASE EQUITY IN EDUCATION. THE FOUNDATION'S MISSION IS TO IMPROVE AMERICAN ELEMENTARY EDUCATION (AND THERBY SECONDARY EDUCATION TOO) BY PROVIDING OPEN ACCESS TO A SEQUENCED, CUMULATIVE AND COHERENT KNOWLEDGE BASED CURRICULUM FOR PRESCHOOL THROUGH GRADE 5.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$1,904,466ExpenseAmt
Revenue$13,318,526RevenueAmt
DescCORE KNOWLEDGE LANGUAGE ARTS (CKLA) CURRICULUM AS OF 2015, CKLA INSTRUCTIONAL MATERIALS FOR PREK GRADE 5 (TEACHER GUIDES, ACTIVITY BOOKS, AND STUDENT BOOKS) HAVE BEEN AVAILABLE FOR FREE DOWNLOAD THROUGH THE CORE KNOWLEDGE WEBSITE. IN 2023, WE FINISHED DEVELOPMENT OF CKLA MIDDLE SCHOOLE (GRADES 6 THORUGH 8) MATERIALS. THEY ARE AVAILABLE FOR FREE DOWNLOAD ON OUR WEBSITE (WITH THE EXCEPTION OF MATERIALS UNDER COPYRIGHT) AND ARE AVAILABLE FOR PURCHASE.WE ALSO HAVE MADE AVAILABLE FOR FREE DOWNLOAD OUR CKLA IMPLEMENTATION RESOURCES GUIDE. THIS GUIDE ORGANIZES MANY FREE RESOURCES DESIGNED TO STRENGTHEN TEACHER AND LEADER COMPETENCIES REGARDING DIFFERENT FACETS OF THE CKLA PROGRAM. IN THE GUIDE, YOU WILL FIND LINKS TO HELPFUL RESOUCRESE SUCH AS ON-DEMAND WEBINARS, TURNKEY TRAINING MATERIALS, VIDEOS, ETC. SEE: HTTPS://WWW/COREKNOWLEDGE.ORG/IMPLEMENTATION/TOOLS-RESOURCES/CKLA-TOOLS ADDITIONALLY, THE FOUNDATION CONTINUES TO OFFER FREE GUIDANCE VIAE-MAIL AND PHONE SUPPORT TO THOSE TEACHERS AND SCHOOLS WORKING TOIMPLEMENT CKLA IN THEIR CLASSROMMS.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$655,636ExpenseAmt
Revenue$4,494,620RevenueAmt
DescCORE KNOWLEDGE HISTORY AND GEOGRAPHY (CKHG) CURRICULUM INITITALLY FUNDED WITH A BOARD-APPROVED USE OF THE FOUNDATION'S OWN ASSETS, THE FOUNDATION RECEIVED SUBSEQUENT GRANT FUNDING TO CONTINUE DEVELOPMENT OF CKHG. INSTRUCTIONAL MATERIALS FOR 50+ UNITS, K-GRADE 6 ARE AVAILABLE THROUGH OUR WEBSITE FOR FREE DOWNLOAD. FOR MORE INFORMATION, SEE:HTTPS://WWW.COREKNOWLEDGE.ORG/WP-CONTENT/UPLOADS/2019/10/CKHG_TITLES.PDFTHE CKHG K-8 PROGRAM INCLUDES HIGHLY ENGAGING STUDENT EDITIONS, EASY TO USE TEACHER GUIDES WITH THE BACKGROUND INFORMATION TEACHERS NEED EMBEDDED IN THE GUIDE, AND CLASSROOM SETS OF LARGE, COLORFUL TIMELINE CARDS TO BRING HISTORICAL EVENTS TO LIFE. THE TEACHER GUIDES ALSO INCLUDE: ADDITIONAL ACTIVITIES MAKING CROSS-CURRICULAR CONNECTIONS TO ART, ARCHITECTURE, AND MUSIC SPECIFIC TO THE HISTORICAL PERIOD AND REGION OF THE WORLD BEING STUDIED. DIGITAL RESOURCE LINKS WITH INSTRUCTION FOR VIRTUAL FIELD TRIPS TO MUSEUMS/HISTORICAL SITES ACROSS THE US AND AROUND THE WORLD - SUGGESTIONS FOR INSTRUCTIONAL ADAPTATIONS FORSTUDENTS NEEDING ADDITIONAL SUPPORT (STUDENTS WITH SPECIAL NEEDS AS WELL AS ENGLISH LANGUAGE LEARNERS), AS WELL AS CHALLENGES FOR STUDENTS WHO MORE QUICKLY GRASP THE CORE CONTENT AND SKILLS. A CIVICS FOCUS CALLED "THE PATHWAY TO CITIZENSHIP" IS ALSO INCLUDED IN ALL AMERICAN HISTORY UNITS.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$561,973ExpenseAmt
Revenue$3,852,531RevenueAmt
DescCORE KNOWLEDGE SCIENCE (CKSCI) CURRICULUMTHE CORE KNOWLEDGE SCIENCE (CKSCI) PROGRAM INCLUDES A COMPREHENSIVE ELEMENTARY SCIENCE CURRICULUM, PLUS ADDITIONAL RESOURCES FOR TEACHERS AND STUDENTS IN K-GRADE 8.THE CURRICULUM PROVIDES STUDENTS WITH A FIRM BASIS IN THE FACTUAL KNOWLEDGE OF THE SCIENCES AND ENGINEERING DESIGN SPECIFIED IN THE CORE KNOWLEDGE SCIENCE SEQUENCE. ADDITIONALLY, THIS PROGRAM HAS BEEN INFORMED BY MANY POSITIVE ASPECTS OF THE NEXT GENERATION SCIENCE STANDARDS (NGSS).THE CORE KNOWLEDGE SCIENCE PROGRAM INCLUDES: STUDENT READERS: ENGAGINGLY WRITTEN TO BRING THE WONDERS OF THE WORLD RIGHT INTO YOUR CLASSROOM, ALSO AVAILABLE AS E-BOOKS TEACHER GUIDES: WITH DETAILED LESSON PLANS AND ACTIVITY PAGE MASTERS, INCLUDING STUDENT INVESTIGATION GUIDES AND ASSESSMENTS AND NOTES FOR NGSS PERFORMANCE EXPECTATIONS ONLINE RESOURCES GUIDES: WITH LINKS TO RESOURCES THAT SUPPORT LEARNING AND ENGAGEMENT WITH THE CORE IDEAS IN SCIENCE AND ENGINEERINGDesc
FieldValueIRS element (for citing)
Total Program Service Expenses$3,122,075TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (1)DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other AssetsYes (1)ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document28IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee21EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members11GoverningBodyVotingMembersCnt
Independent Voting Member11IndependentVotingMemberCnt
Family Or Business RlnYes (1)FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn0AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldVAStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonLINDA BEVILACQUAPersonNm
Phone4349777550PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1801 EAST HIGH STREETAddressLine1Txt
CityCHARLOTTESVILLECityNm
State AbbreviationVAStateAbbreviationCd
ZIP22902ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (17 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeInd
JOHN BALLEN
CHAIRMAN1.00Yes (X)Yes (X)$0$0$0
STEPHEN TOMLIN
VICE CHAIRMAN AND TRESURER1.00Yes (X)Yes (X)$0$0$0
ED HIRSCH
TRUSTEE1.00Yes (X)Yes (X)$0$0$0
LOUISA D SPENCER
SECRETARY1.00Yes (X)Yes (X)$0$0$0
LEWIS BLAUSTEIN
TRUSTEE1.00Yes (X)$0$0$0
BRAD MILLER
TRUSTEE1.00Yes (X)$0$0$0
DAVID HURWITZ
TRUSTEE1.00Yes (X)$0$0$0
JOHN HIRSCH
TRUSTEE1.00Yes (X)$0$0$0
JEFF LITT
TRUSTEE1.00Yes (X)$0$0$0
MARC SMITH
TRUSTEE1.00Yes (X)$0$0$0
MIKE GIARLA
TRUSTEE1.00Yes (X)$0$0$0
LINDA BEVILACQUA
PRESIDENT50.00Yes (X)$201,673$0$0
DANIEL FRANCK
DIRECTOR OF SCIENCE CURRIC40.00$132,811$0$0Yes (X)
ROSEMARY MCCORMICK
DIRECTOR OF PUBLICATIONS D40.00$126,219$0$0Yes (X)
KRISTEN RODRGUEZ
DIRECTOR OF SCHOOL ENGAGEM40.00$114,375$0$0Yes (X)
SAMANTHA LEGARD
DIRECTOR OF OPERATIONS40.00$106,908$0$0Yes (X)
ILENE GOLDMAN
DIRECTOR OF SOCIAL STUDIES40.00$105,900$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$787,886TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K6IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp

Contractor Name ContractorName

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1SIX RED MARBLES LLCBusinessNameLine1Txt

Contractor Address ContractorAddress

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 419233AddressLine1Txt
CityBOSTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02241ZIPCd
FieldValueIRS element (for citing)
ServicesPUBLICATION DEVELOPMENTServicesDesc
Compensation$2,331,414CompensationAmt
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K1CntrctRcvdGreaterThan100KCnt
All Other Contributions$14,600AllOtherContributionsAmt
Total Contributions$14,600TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
EDUCATIONAL MATERIAL USAGE900099$17,507,922$17,507,922
CONTRACT INCOME900099$553,747$553,747
WORKSHOP REVENUE900099$107,435$107,435
FieldValueIRS element (for citing)
Total Program Service Revenue$18,169,104TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$455,037TotalRevenueColumnAmt
Exclusion$455,037ExclusionAmt
FieldValueIRS element (for citing)
Gross Sales Of Inventory$4,876,569GrossSalesOfInventoryAmt
Cost Of Goods Sold$1,383,347CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$3,493,222TotalRevenueColumnAmt
Related Or Exempt Func Income$3,493,222RelatedOrExemptFuncIncomeAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescMISCELLANEOUS REVENUEDesc
Business900099BusinessCd
Total Revenue Column$3,351TotalRevenueColumnAmt
Related Or Exempt Func Income$3,351RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$3,351OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$22,135,314TotalRevenueColumnAmt
Related Or Exempt Func Income$21,665,677RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$455,037ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$201,673TotalAmt
Management And General$199,656ManagementAndGeneralAmt
Fundraising$2,017FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$1,358,250TotalAmt
Program Services$135,137ProgramServicesAmt
Management And General$1,214,834ManagementAndGeneralAmt
Fundraising$8,279FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$94,084TotalAmt
Program Services$19,364ProgramServicesAmt
Management And General$74,668ManagementAndGeneralAmt
Fundraising$52FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$120,142TotalAmt
Program Services$12,342ProgramServicesAmt
Management And General$107,018ManagementAndGeneralAmt
Fundraising$782FundraisingAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$2,681,957TotalAmt
Program Services$2,455,586ProgramServicesAmt
Management And General$226,371ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$7,927TotalAmt
Program Services$68ProgramServicesAmt
Management And General$7,859ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$132,039TotalAmt
Program Services$96,995ProgramServicesAmt
Management And General$35,044ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$642,228TotalAmt
Management And General$642,228ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$68,152TotalAmt
Program Services$36,738ProgramServicesAmt
Management And General$31,414ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$4,282TotalAmt
Program Services$3,613ProgramServicesAmt
Management And General$669ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$47,786TotalAmt
Management And General$47,786ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$60,279TotalAmt
Management And General$60,279ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtManagement And GeneralManagementAndGeneralAmtProgram ServicesProgramServicesAmt
BANK FEES AND WRITE-OFF$318,366$318,366
POSTAGE AND SHIPPING$281,363$5,082$276,281
MAINTENANCE, REPAIRS AN$96,242$24,270$71,972
DUES AND SUBSCRIPTIONS$37,840$32,691$5,149

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$27,411TotalAmt
Program Services$8,830ProgramServicesAmt
Management And General$18,581ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$6,180,021TotalAmt
Program Services$3,122,075ProgramServicesAmt
Management And General$3,046,816ManagementAndGeneralAmt
Fundraising$11,130FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$1,082,135BOYAmt
EOY$665,893EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$4,297,487BOYAmt
EOY$6,733,998EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$752,216BOYAmt
EOY$438,422EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$3,385,175BOYAmt
EOY$4,807,178EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$106,155BOYAmt
EOY$268,421EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$1,960,736LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$1,441,144LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$531,273BOYAmt
EOY$519,592EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$4,131,939BOYAmt
EOY$11,451,639EOYAmt

Intangible Assets IntangibleAssetsGrp

FieldValueIRS element (for citing)
BOY$11,881BOYAmt
EOY$10,827EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$1,396,886BOYAmt
EOY$10,170,967EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$15,695,147BOYAmt
EOY$35,066,937EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$369,636BOYAmt
EOY$769,288EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$42,621BOYAmt
EOY$735,003EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,406,842BOYAmt
EOY$1,078,658EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,819,099BOYAmt
EOY$2,582,949EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$13,865,384BOYAmt
EOY$32,473,324EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$10,664BOYAmt
EOY$10,664EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$13,876,048BOYAmt
EOY$32,483,988EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$15,695,147BOYAmt
EOY$35,066,937EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$15,955,293ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$1,122,821NetUnrlzdGainsLossesInvstAmt
Prior Period Adjustments$1,529,826PriorPeriodAdjustmentsAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2Yes (X)PubliclySupportedOrg509a2Ind

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$241,233CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$201,077CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$27,732CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$33,101CurrentTaxYearMinus1YearAmt
Current Tax Year$14,600CurrentTaxYearAmt
Total$517,743TotalAmt

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$2,067,483CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$4,227,963CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$7,964,823CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$11,136,998CurrentTaxYearMinus1YearAmt
Current Tax Year$23,045,673CurrentTaxYearAmt
Total$48,442,940TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$2,308,716CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$4,429,040CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$7,992,555CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$11,170,099CurrentTaxYearMinus1YearAmt
Current Tax Year$23,060,273CurrentTaxYearAmt
Total$48,960,683TotalAmt

Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$5,000CurrentTaxYearMinus4YearsAmt
Current Tax Year$3,000CurrentTaxYearAmt
Total$8,000TotalAmt

Substantial Contributors Amt SubstantialContributorsAmtGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$5,000CurrentTaxYearMinus4YearsAmt
Current Tax Year$3,000CurrentTaxYearAmt
Total$8,000TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$48,952,683PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$127,055CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$49,332CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$55,683CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$112,865CurrentTaxYearMinus1YearAmt
Current Tax Year$455,037CurrentTaxYearAmt
Total$799,972TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$127,055CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$49,332CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$55,683CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$112,865CurrentTaxYearMinus1YearAmt
Current Tax Year$455,037CurrentTaxYearAmt
Total$799,972TotalAmt

Other Income509 OtherIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus2 Years$6CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$43,068CurrentTaxYearMinus1YearAmt
Current Tax Year$3,351CurrentTaxYearAmt
Total$46,425TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$2,435,771CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$4,478,372CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$8,048,244CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$11,326,032CurrentTaxYearMinus1YearAmt
Current Tax Year$23,518,661CurrentTaxYearAmt
Total$49,807,080TotalAmt
FieldValueIRS element (for citing)
Public Support CY5090.98280PublicSupportCY509Pct
Public Support PY5090.98150PublicSupportPY509Pct
Investment Income CY0.01610InvestmentIncomeCYPct
Investment Income PY0.01660InvestmentIncomePYPct
Thirty Thr Pct Suprt Tests CY509Yes (X)ThirtyThrPctSuprtTestsCY509Ind

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$2,843,385BeginningYearBalanceAmt
Investment Earnings Or Losses$142,870InvestmentEarningsOrLossesAmt
End Year Balance$2,986,255EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$3,398,645BeginningYearBalanceAmt
Investment Earnings Or Losses-$555,260InvestmentEarningsOrLossesAmt
End Year Balance$2,843,385EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$2,769,943BeginningYearBalanceAmt
Investment Earnings Or Losses$628,702InvestmentEarningsOrLossesAmt
End Year Balance$3,398,645EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$2,600,055BeginningYearBalanceAmt
Investment Earnings Or Losses$289,888InvestmentEarningsOrLossesAmt
Other Expenditures$120,000OtherExpendituresAmt
End Year Balance$2,769,943EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$2,066,284BeginningYearBalanceAmt
Investment Earnings Or Losses$533,771InvestmentEarningsOrLossesAmt
End Year Balance$2,600,055EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY1.00000BoardDesignatedBalanceEOYPct
Endowments Held Unrelated OrgYes (1)EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$186,662OtherCostOrOtherBasisAmt
Book Value$186,662BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$644,748OtherCostOrOtherBasisAmt
Depreciation$380,449DepreciationAmt
Book Value$264,299BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$99,258OtherCostOrOtherBasisAmt
Depreciation$76,175DepreciationAmt
Book Value$23,083BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,030,068OtherCostOrOtherBasisAmt
Depreciation$984,520DepreciationAmt
Book Value$45,548BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$519,592TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (2 entries)

DescDescBook ValueBookValueAmt
RIGHT-OF-USE ASSET$830,705
ROYALTY INCOME RECEIVABLE$9,340,262
FieldValueIRS element (for citing)
Total Book Value Other Assets$10,170,967TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescLEASE LIABILITYDesc
Amt$1,078,658Amt
FieldValueIRS element (for citing)
Total Liability$1,078,658TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$22,995,410TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$1,122,821NetUnrealizedGainsInvstAmt
Other Revenue-$262,725OtherRevenueAmt
Revenue Not Reported$860,096RevenueNotReportedAmt
Revenue Subtotal$22,135,314RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$22,135,314TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$5,917,296TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$5,917,296ExpensesSubtotalAmt
Other Expenses Not Included$262,725OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$262,725ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$6,180,021TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART V, LINE 4:FUNDS ARE USED FOR INVESTMENT OF FUNDS NOT ANTICIPATED TO BE NEEDED IN THE NEAR TERM WITH THE EXPECTATION OF REALIZING IMPROVED LONG TERM RETURNS OVER TEMPORARY SAVINGS AND MONEY MARKET OPTIONS.
PART X, LINE 2:THE FOUNDATION IS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND, ACCORDINGLY, IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER IRC SECTION 501(A). THE FOUNDATION HAS ALSO BEEN CLASSIFIED AS AN ORGANIZATION WHICH IS NOT A PRIVATE FOUNDATION UNDER IRC SECTION 509(A)(2). THEREFORE, NO PROVISION OR LIABILITY FOR FEDERAL OR STATE INCOME TAXES HAS BEEN INCLUDED IN THESE FINANCIAL STATEMENTS. MANAGEMENT BELIEVES THAT THE FOUNDATION CONTINUES TO SATISFY THE REQUIREMENT OF A TAX-EXEMPT ORGANIZATION AND THEREFORE HAS NO UNCERTAIN INCOME TAX POSITIONS AT DECEMBER 31, 2023 AND 2022.
PART XI, LINE 2D - OTHER ADJUSTMENTS:WRITE-OFF OF RIGHT OF USE OPERATING LEASE ASSET
PART XII, LINE 4B - OTHER ADJUSTMENTS:WRITE-OFF OF RIGHT OF USE OPERATING LEASE ASSET
PART V, LINE 4:THE BOARD OF DIRECTORS HAS DESIGNATED A PORTION OF UNRESTRICTED NET ASSETS AS AN ENDOWMENT FUND. INVESTMENT INCOME EARNED ON THESE ASSETS IS REINVESTED IN THIS FUND. THESE FUNDS CAN BE USED TO FINANCE UNRESTRICTED OPERATIONS AS NECESSARY.

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonLINDA BEVILACQUAPersonNm
TitlePRESIDENTTitleTxt
Base Compensation Filing Org$201,673BaseCompensationFilingOrgAmt
Compensation Based On Rltd Orgs$0CompensationBasedOnRltdOrgsAmt
Bonus Filing Organization$0BonusFilingOrganizationAmount
Bonus Related Organizations$0BonusRelatedOrganizationsAmt
Other Compensation Filing Org$0OtherCompensationFilingOrgAmt
Other Compensation Rltd Orgs$0OtherCompensationRltdOrgsAmt
Deferred Compensation Flng Org$0DeferredCompensationFlngOrgAmt
Deferred Comp Rltd Orgs$0DeferredCompRltdOrgsAmt
Nontaxable Benefits Filing Org$0NontaxableBenefitsFilingOrgAmt
Nontaxable Benefits Rltd Orgs$0NontaxableBenefitsRltdOrgsAmt
Total Compensation Filing Org$201,673TotalCompensationFilingOrgAmt
Total Compensation Rltd Orgs$0TotalCompensationRltdOrgsAmt
Comp Report Prior990 Filing Org$0CompReportPrior990FilingOrgAmt
Comp Report Prior990 Rltd Orgs$0CompReportPrior990RltdOrgsAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (9 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 2JOHN HIRSCH IS THE SON OF E.D. HIRSCH. NEITHER RECEIVES COMPENSATION FOR THEIR SERVICES OUR CONDUCTS OTHER BUSINESS WITH THE FOUNDATION.
FORM 990, PART VI, SECTION B, LINE 11BA COPY OF THE 990 IS PROVIDED TO THE AUDIT COMMITTEE FOR REVIEW. THE AUDIT COMMITTEE THEN PRESENT IT TO THE BOARD OF DIRECTORS PRIOR TO FILING.
FORM 990, PART VI, SECTION B, LINE 12CALL EMPLOYEES, BOARD MEMBERS AND OFFICERS ARE COVERED UNDER THE CONFLICT OF INTEREST POLICY. THE PRESIDENT MAKES THE DETERMINATION OF WHETHER CONFLICTS EXIST AND REVIEWS ACTUAL CONFLICTS. TO REGULARLY AND CONSISTENTLY MONIOT COMPLIANCE WITH THE POLICY, ALL EMPLOYEES ARE ASKED TO SIGN A CONFIDENTIALITY AGREEMENT UPON HIRE. THEY ARE REQUIRED TO LET THE PRESIDENT KNOW OF ANY OTHER EMPLOYMENT AND IT IS AT THE DISCRETION OF THE PRESIDENT TO DETERMINE IF THERE IS A CONFLICT AND PROVIDE APPROVAL. WHEN DEALING WITH A BOARD MEMBER OR AN OFFICER, AND AD HOC COMMITTEE OF THE BOARD IS FORMED TO EXPLORE ISSUES RELATED TO THE POTENTIAL CONFLICT. THE COMMITTEE PRESENTS ITS RESEARCH TO THE BOARD AND THE BOARD MAKES A DECISION ON APPROVAL OR DISAPPROVAL. THE DECISION IS DOCUMENTED IN THE BOARD MINUTES.
FORM 990, PART VI, SECTION B, LINE 15MANAGEMENT, KEY EMPLOYEES AND OFFICERS' COMPENSATION IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS ON AN ANNUAL BASIS. THE BOARD DETERMINES REASONABLENESS OF COMPENSATION AMOUNTS BASED ON COMPARISON TO OTHER SIMILAR ORGANIZATIONS AND COMPARABILITY DATA. ALL DECISION ARE DOCUMENTED IN THE BOARD MINUTES.
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
FORM 990, PART IX, LINE 11GCONTRACTED SERVICES: PROGRAM SERVICE EXPENSES 450. MANAGEMENT AND GENERAL EXPENSES 220,960. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 221,410. PUBLICATION AND DEVELOPMENT: PROGRAM SERVICE EXPENSES 2,344,280. MANAGEMENT AND GENERAL EXPENSES 200. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,344,480. CONSULTANTS: PROGRAM SERVICE EXPENSES 110,856. MANAGEMENT AND GENERAL EXPENSES 5,211. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 116,067.
PART XII, LINE 2C:NO CHANGE IN OVERSIGHT PROCESS DURING THE YEAR.
FORM 990, PART XI, LINE 9THE PRIOR PERIOD ADJUSTMENT REPRESENTS RECEIVABLE FOR PAYMENTS FOR USAGE OF EDUCATIONAL MATERIALS THAT WERE ATTRIBUTABLE TO 2022 BUT NOT RECORDED IN 2022. THE PRIOR YEAR FINANCIAL STATEMENTS HAVE BEEN RESTATED AND SCHEDLE A REFELCTS THE CORRECTED REVENUE AMOUNTS.
SCHEDULE ACORE KNOWLEDGE FOUNDATION CHANGED ITS PUBLIC SUPPORT REPORTING FOR SCHEDULE A IN 2023. THE FOUNDATION PREVIOUSLY REPORTED AS AN ORGANIZATION THAT RECEIVED A SUBSTANTIAL PORTION OF ITS SUPPORT FROM GOVERNMENTAL UNITS OR THE PUBLIC, CHECKED BOX 7 AND COMPLETED PART II OF SCHEDULE A. DUE TO THE DRAMATIC INCREASE IN PROGRAM RELATED REVENUE, THE FOUNDATION IS REPORTING AS ORGANIZATION THAT RECEIVES MORE THAN 33 1/3 OF ITS SUPPORT FROM CONTRIBUTIONS, MEMBERSHIP FEES AND GROSS RECEIPTS FROM ACTIVITIES RELATED TO ITS EXEMPT FUNCTIONS, AND CHECKED BOX 10 AND COMPLETED PART III OF SCHEDULE A. ALL INFORMATION IN THE REPORTED 5 YEAR PERIOUD AND PRIOR YEAR PUBLIC SUPPORT AN D INVESTMENT PERCENTAGES HAVE BEEN RESTATED PURSUANT TO THE REQUIREMENTS OF PART III

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.