2024-11-12T07:37:54-06:00 2023-12-31 991856619 GRANT THORNTON ADVISORS LLC 53 STATE STREET SUITE 1600 BOSTON MA 02109 990 2023-01-01 833135259 AIRBNBORG INC AIRB 4159884910 888 BRANNAN STREET FLOOR 4 SAN FRANCISCO CA 94103 JENNIFER PATTERSON CFO 4159884910 2024-11-11 1 0 ERIN COUTURE P01390592 6177237900 2023 2024-10-15 13:58:12Z JOE GEBBIA 888 BRANNAN STREET FLOOR 4 SAN FRANCISCO CA 94103 19033635 0 X WWW.AIRBNB.ORG X 2019 DE AIRBNB.ORG OFFERS EMERGENCY TEMPORARY HOUSING IN TIMES OF CRISIS. 7 7 0 137 0 0 90123923 18376135 0 0 0 224796 3287062 0 93410985 18600931 104598863 12542846 0 0 0 0 214000 317739 628577 589610 1147605 105402473 14008190 -11991488 4592741 15985966 19447263 2855361 287967 13130605 19159296 X AIRBNB.ORG'S MISSION IS TO UNLOCK THE POWER OF SHARING SPACE, RESOURCES AND SUPPORT IN TIMES OF NEED. AIRBNB.ORG WORKS WITH COMMUNITIES AND NONPROFIT PARTNERS TO OFFER EMERGENCY TEMPORARY HOUSING. 0 0 6384472 6291688 SEE SCHEDULE OPROVIDING FREE, WELCOMING STAYS WITH THE COMFORTS OF HOME FOR REFUGEES, ASYLUM SEEKERS, AND OTHER NEWCOMERS WAS A FOUNDING PILLAR OF AIRBNB.ORG. IN 2023, AIRBNB.ORG ESTABLISHED A NEW INITIATIVE TO FUND AND FACILITATE FREE TEMPORARY HOUSING FOR REFUGEES AND ASYLUM SEEKERS RESETTLING IN THE U.S. THROUGH A SPONSORSHIP PROGRAM. IN ADDITION, AIRBNB.ORG CONTINUED TO PROVIDE FREE STAYS TO NEWCOMERS AROUND THE WORLD, INCLUDING THOSE FROM UKRAINE, AFGHANISTAN AND VENEZUELA, HELPING NEARLY 200,000 INDIVIDUALS SINCE 2020. AIRBNB.ORG PROVIDED GRANTS TO REFUGEE RESETTLEMENT AGENCIES AND OTHER NONPROFIT ORGANIZATIONS TO FUND SOME OF THESE STAYS. STAYS WERE ALSO OFFERED AS DIRECT ASSISTANCE TO INDIVIDUALS REFERRED BY NONPROFIT ORGANIZATIONS, WITH FUNDING AND FACILITATION THROUGH AIRBNB.ORG'S RESPONSE ACTIVATION PLATFORM. THIS PLATFORM DIRECTLY CONNECTED REFUGEES AND ASYLUM SEEKERS WITH HOSTS WHO PROVIDE FREE AND DISCOUNTED STAYS AND BUILD CONNECTIONS WITHIN COMMUNITIES. 6619193 6251158 SEE SCHEDULE OTHE IDEA FOR AIRBNB.ORG BEGAN WITH ONE WOMAN OPENING HER HOME FOR FREE TO NEIGHBORS EVACUATING DURING HURRICANE SANDY. AIRBNB.ORG NOW PROVIDES FREE EMERGENCY TEMPORARY HOUSING TO THOUSANDS OF PEOPLE SEVERELY IMPACTED BY NATURAL DISASTERS, AND RELIEF WORKERS RESPONDING AND HELPING COMMUNITIES RECOVER. IN 2023, THIS INCLUDED FUNDING AND FACILITATING STAYS FOR MORE THAN 1,600 PEOPLE IN RESPONSE TO THE TURKIYE EARTHQUAKES, MORE THAN 1,800 PEOPLE DISPLACED BY THE WILDFIRES IN MAUI, HAWAII, AND OTHERS IMPACTED BY DISASTERS AROUND THE WORLD.AIRBNB.ORG PROVIDED GRANTS TO NONPROFIT PARTNERS TO FUND SOME OF THESE STAYS. STAYS WERE ALSO OFFERED AS DIRECT ASSISTANCE TO EVACUEES REFERRED BY GOVERNMENT AND NONPROFIT ORGANIZATIONS, WITH FUNDING AND FACILITATION THROUGH AIRBNB.ORG'S RESPONSE ACTIVATION PLATFORM. THIS PLATFORM DIRECTLY CONNECTED EVACUEES WITH HOSTS WHO PROVIDE FREE AND DISCOUNTED STAYS AND COMMUNITY SUPPORT. 13003665 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0 1 1 1 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 1 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 0 0 0 AL AR CA FL GA HI IL KS KY MS MD MA MI MN MO NC NH NJ NM NY OR PA RI SC TN UT VA WV WI X JENNIFER PATTERSON 5047235722 888 BRANNAN STREET SAN FRANCISCO CA 94103 X JOCELYN WYATT DIRECTOR 1.00 0.00 X 0 0 0 JENNIFER BOND SECRETARY, DIRECTOR 1.00 0.00 X X 0 0 0 JOE GEBBIA PRES., TREASURER, DIRECTOR 1.00 0.00 X X 0 0 0 SHARYANNE MCSWAIN DIRECTOR 1.00 0.00 X 0 0 0 MELISSA THOMAS-HUNT DIRECTOR 1.00 0.00 X 0 0 0 RICH SERINO DIRECTOR - (AS OF 06/2023) 1.00 0.00 X 0 0 0 CATHERINE POWELL DIRECTOR - (AS OF 06/2023) 1.00 0.00 X 0 0 0 CHRISTOPH GORDER EXECUTIVE DIRECTOR - (AS OF 12/2023) 40.00 0.00 X 0 0 0 KATHERINE WOO EXECUTIVE DIRECTOR (UNTIL 10/2023) 40.00 0.00 X 0 0 0 JENNIFER PATTERSON CFO - (AS OF 06/2023) 40.00 0.00 X 0 0 0 0 0 0 0 0 0 0 LINDSAY LASSMAN CONSULTING LLC 4710 ELM STREET APT W1501 BETHESDA MD 20814 PROFESSIONAL FUNDRAISING SERVICES 212739 HAGERTY CONSULTING INC 1618 ORRINGTON AVE SUITE 201 EVANSTON IL 60201 CONSULTING 185569 SORENSON IMPACT CENTER 201 PRESIDENTS CIRCLE RM 411 SALT LAKE CITY UT 84112 CONSULTING 126875 SABRINA POURMAND 203 BRUSHY RIDGE RD NEW CANAAN CT 068404210 PROFESSIONAL FUNDRAISING SERVICES 105000 4 18376135 107063 18376135 195820 195820 461680 432704 28976 28976 28976 18600931 0 0 224796 5780215 5780215 3241219 3241219 3521412 3521412 179142 179142 317739 317739 373419 185569 187850 575247 275250 299997 56 56 8500 8500 8900 8900 2341 2341 14008190 13003665 375948 628577 8443448 10065808 2758837 5984540 2757659 39507 3032 1518471 2377004 0 1484923 15985966 19447263 2705361 286467 150000 1500 2855361 287967 X 7146065 16133310 5984540 3025986 13130605 19159296 15985966 19447263 X 4592741 884174 551776 X 0 1 X 1 0 X 0 10564615 40459312 90123923 18376135 159523985 10564615 40459312 90123923 18376135 159523985 59087115 100436870 0 0 0 0 0 159523985 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 RECEIVABLES FROM AGENCY TRANSACTIONS 1484923 1484923 X 25482879 884174 5997774 6881948 18600931 0 18600931 31916300 5997774 11910336 17908110 14008190 0 14008190 PART X, LINE 2: THE ORGANIZATION FOLLOWS GUIDANCE THAT CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN, INCLUDING ISSUES RELATING TO FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT. THIS GUIDANCE PROVIDES THAT THE TAX EFFECTS FROM AN UNCERTAIN TAX POSITION CAN ONLY BE RECOGNIZED IN THE FINANCIAL STATEMENTS IF THE POSITION IS "MORE-LIKELY-THAN-NOT" TO BE SUSTAINED IF THE POSITION WERE TO BE CHALLENGED BY A TAXING AUTHORITY. THE ASSESSMENT OF THE TAX POSITION IS BASED SOLELY ON THE TECHNICAL MERITS OF THE POSITION, WITHOUT REGARD TO THE LIKELIHOOD THAT THE TAX POSITION MAY BE CHALLENGED. THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, THOUGH IT WOULD BE SUBJECT TO TAX ON INCOME UNRELATED TO ITS EXEMPT PURPOSE, SHOULD SUCH REVENUES EXIST. THE ORGANIZATION HAS ALSO BEEN RECOGNIZED BY THE CALIFORNIA FRANCHISE TAX BOARD AS EXEMPT FROM CALIFORNIA FRANCHISE AND INCOME TAXES UNDER SECTION 23701D OF THE CALIFORNIA REVENUE AND TAXATION CODE. THE ORGANIZATION HAS PROCESSES PRESENTLY IN PLACE TO ENSURE THE MAINTENANCE OF ITS TAX-EXEMPT STATUS, TO IDENTIFY AND REPORT UNRELATED INCOME, AND TO IDENTIFY AND EVALUATE OTHER MATTERS THAT MAY BE CONSIDERED TAX POSITIONS. THE ORGANIZATION HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. SCHEDULE D, PART XI, LINE 2B AND PART XII, LINE 2A: AIRBNB.ORG'S OPERATING EXPENSES WERE FULLY COVERED BY AIRBNB, INC., INCLUDING DONATED SERVICES AND USE OF FACILITIES, THROUGH BOTH DIRECT MONETARY AND IN-KIND CONTRIBUTIONS. IN 2023, THESE IN-KIND CONTRIBUTIONS INCLUDED, BUT WERE NOT LIMITED TO: (1) HUMAN RESOURCES (STAFF), (2) AIRBNB, INC. PRODUCT & TECHNOLOGY TO FACILITATE AIRBNB.ORG STAYS GLOBALLY, (3) ACCESS TO AIRBNB, INC.'S BRAND AND INTELLECTUAL PROPERTY, INCLUDING TRADEMARKS, PRODUCT AND MARKETING CONTENT, AND MARKETING AND COMMUNICATIONS CHANNELS, (4) SOFTWARE LICENSES AND ACCESS TO KEY BUSINESS SYSTEMS, AND (5) EQUIPMENT AND FACILITIES FOR SUPPORTING STAFF. THE EQUITY TRANSFER AMOUNT DISCLOSED ON SCHEDULE D, PART XII, LINE 2D ALSO REPRESENTS SUPPORT PROVIDED BY AIRBNB, INC. TO AIRBNB.ORG. THESE IN-KIND CONTRIBUTIONS FROM AIRBNB, INC. WERE VALUED AT $16.5M IN 2023. PART XII, LINE 2D - OTHER ADJUSTMENTS: EQUITY TRANSFER 12,474,923. REVERSAL OF GRANT EXPENSES FROM PRIOR YEARS -564,587. 1 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 GRANTMAKING 2241157 NORTH AMERICA 0 0 GRANTMAKING 1193711 RUSSIA AND NEIGHBORING STATES 0 0 GRANTMAKING 48145 SOUTH AMERICA 0 0 GRANTMAKING 26314 EAST ASIA AND THE PACIFIC 0 0 GRANTMAKING 7118 CENTRAL AMERICA AND THE CARIBBEAN 0 0 GRANTMAKING 4967 0 0 0 0 0 0 3521412 0 3521412 EUROPE (INCLUDING ICELAND AND GREENLAND) HOUSING FOR REFUGEES AND DISASTERS 900000 WIRE 2979 ACCOMMODATION CREDIT FMV EUROPE (INCLUDING ICELAND AND GREENLAND) HOUSING REFUGEES 450000 WIRE 7989 ACCOMMODATION CREDIT FMV NORTH AMERICA HOUSING REFUGEES 335000 WIRE 140550 ACCOMMODATION CREDIT FMV NORTH AMERICA HOUSING REFUGEES 0 574566 ACCOMMODATION CREDIT FMV EUROPE (INCLUDING ICELAND AND GREENLAND) HOUSING REFUGEES 0 345801 ACCOMMODATION CREDIT FMV NORTH AMERICA HOUSING REFUGEES 0 107352 ACCOMMODATION CREDIT FMV EUROPE (INCLUDING ICELAND AND GREENLAND) HOUSING REFUGEES 0 45581 ACCOMMODATION CREDIT FMV EUROPE (INCLUDING ICELAND AND GREENLAND) HOUSING REFUGEES 0 13817 ACCOMMODATION CREDIT FMV EUROPE (INCLUDING ICELAND AND GREENLAND) HOUSING REFUGEES 0 10714 ACCOMMODATION CREDIT FMV 9 0 ACCOMMODATION CREDIT EUROPE (INCLUDING ICELAND AND GREENLAND) 792 0 462426 ACCOMMODATION CREDIT FMV ACCOMMODATION CREDIT RUSSIA AND NEIGHBORING STATES 186 0 48144 ACCOMMODATION CREDIT FMV ACCOMMODATION CREDIT NORTH AMERICA 28 0 36244 ACCOMMODATION CREDIT FMV ACCOMMODATION CREDIT SOUTH AMERICA 15 0 26314 ACCOMMODATION CREDIT FMV ACCOMMODATION CREDIT EAST ASIA AND THE PACIFIC 7 0 7118 ACCOMMODATION CREDIT FMV ACCOMMODATION CREDIT CENTRAL AMERICA AND THE CARIBBEAN 4 0 4967 ACCOMMODATION CREDIT FMV 0 0 0 0 0 0 PART I, LINE 2: AIRBNB.ORG USED AN OUTSIDE SERVICE PROVIDER, TECHSOUP, TO CONDUCT EQUIVALENCY DETERMINATIONS ON ALL GRANTEE ORGANIZATIONS OUTSIDE OF THE U.S. IN ADDITION, AIRBNB.ORG CONDUCTED AN ASSESSMENT TO EVALUATE GRANT ELIGIBILITY USING ESTABLISHED SELECTION CRITERIA, AND FOR ANNUAL GRANTEES, A SCORING FRAMEWORK. GRANTEE ORGANIZATIONS WERE REQUIRED UNDER THEIR GRANT AGREEMENTS TO PROVIDE CERTAIN REPORTING TO AIRBNB.ORG, AND AIRBNB.ORG MONITORED USE OF GRANT FUNDS ON A QUARTERLY BASIS, AT A MINIMUM. BEFORE PROVIDING ACCOMMODATION CREDIT TO INDIVIDUALS OUTSIDE THE U.S., AIRBNB.ORG CONFIRMED RECIPIENT ELIGIBILITY, OR COORDINATED WITH GOVERNMENT OR NONPROFIT ENTITIES TO CONFIRM RECIPIENT ELIGIBILITY, BASED ON ESTABLISHED CRITERIA. IN THE IMMEDIATE AFTERMATH OF A DISASTER, RECIPIENT ELIGIBILITY IS BASED ON CRITERIA INCLUDING THE RECIPIENT'S LOCATION IN AN AREA SEVERELY IMPACTED BY THE DISASTER. AIRBNB.ORG REGULARLY MONITORED USE OF ACCOMMODATION CREDIT. X 1 LINDSAY LASSMAN CONSULTING LLC 4710 ELM STREET APT W1501 BETHESDA MD 20814 RESEARCH, SUPPORT AND ADVICE FOR FUNDRAISING ACTIVITIES 0 0 212739 0 SABRINA POURMAND 203 BRUSHY RIDGE RD NEW CANAAN CT 068404210 RESEARCH, SUPPORT AND ADVICE FOR FUNDRAISING ACTIVITIES 0 0 105000 0 317739 AL AK AR CA CO CT DC FL HI IL KS KY LA MA MD ME MI MN MS MO ND NV NH NJ NM NY NC OH OK OR PA RI SC TN UT VA WA WI WV 1 AFRICAN COMMUNITIES TOGETHER 127 WEST 127TH STREET SUITE 221 NEW YORK NY 10027 461689772 501(C)(3) 0 170598 FMV ACCOMMODATION CREDIT REFUGEE AINA MOMONA 69-2 PUUPEELUA AVE HOOLEHUA HI 96729 821366588 501(C)(3) 200000 21893 FMV ACCOMMODATION CREDIT DISASTER ALIGHT 1325 QUINCY STREET NE STE A1 MINNEAPOLIS MN 55413 363241033 501(C)(3) 564000 0 REFUGEE AMERICAN JEWISH JOINT DISTRIBUTION COMMITTEE INC PO BOX 4124 NEW YORK NY 10163 131656634 501(C)(3) 250000 0 DISASTER BUILD CHANGE 1001 BANNOCK ST SUITE 467 DENVER CO 80204 352237155 501(C)(3) 300000 0 DISASTER CATHOLIC CHARITIES USA 2050 BALLENGER AVENUE ALEXANDRIA VA 223146892 530196620 501(C)(3) 125000 0 DISASTER CATHOLIC RELIEF SERVICES 228 W LEXINGTON ST BALTIMORE MD 212013443 135563422 501(C)(3) 0 210332 FMV ACCOMMODATION CREDIT REFUGEE CHOOSE LOVE INC 40 WEST 37TH ST SUITE 1000 NEW YORK NY 10018 831378746 501(C)(3) 200000 0 DISASTER CHURCH WORLD SERVICE INC 28606 PHILLIPS ST PO BOX 968 ELKHART IN 46515 134080201 501(C)(3) 200000 0 REFUGEE COOPERATIVE FOR ASSISTANCE AND RELIEF EVERYWHERE INC 151 ELLIS STREET NE ATLANTA GA 30303 131685039 501(C)(3) 350000 0 DISASTER HAITIAN BRIDGE ALLIANCE 4265 FAIRMOUNT AVENUE 280 SAN DIEGO CA 92105 813558713 501(C)(3) 0 124826 FMV ACCOMMODATION CREDIT REFUGEE HIAS INC 1300 SPRING STREET SUITE 500 SILVER SPRINGS MD 20910 135633307 501(C)(3) 725000 0 REFUGEE INTEGRATED REFUGEE & IMMIGRANT SERVICES INC 235 NICOLL ST 2ND FLR NEW HAVEN CT 06511 611764307 501(C)(3) 0 10575 FMV ACCOMMODATION CREDIT REFUGEE INTERNATIONAL RESCUE COMMITTEE INC 122 EAST 42ND ST NEW YORK NY 10168 135660870 501(C)(3) 380000 0 REFUGEE ORAM - ORGANIZATION FOR REFUGE ASYLUM & MIGRATION 1325 QUINCY STREET NE STE A1 MINNEAPOLIS MN 55413 263748676 501(C)(3) 325000 0 REFUGEE ROCKEFELLER PHILANTHROPY ADVISORS INC 6 WEST 48TH STREET 10TH FLOOR NEW YORK NY 10036 133615533 501(C)(3) 350000 56316 FMV ACCOMMODATION CREDIT REFUGEE THE ST BERNARD PROJECT INC 2645 TOULOUSE STREET NEW ORLEANS LA 70119 262189665 501(C)(3) 35000 0 DISASTER TOGETHER & FREE INC 2214 FREDERICK DOUGLASS BLVD 308 NEW YORK NY 10026 831461508 501(C)(3) 300000 0 REFUGEE TURKISH PHILANTHROPY FUNDS INC 1460 BROADWAY NEW YORK NY 100367329 208392006 501(C)(3) 400000 0 DISASTER UNITED STATES ASSOCIATION FOR UNHCR 1310 L ST NW STE 450 WASHINGTON DC 20005 521662800 501(C)(3) 300000 0 DISASTER WELCOMENST 225 CEDAR HILL STREET SUITE 200 MARLBOROUGH MA 01752 851674143 501(C)(3) 0 14347 FMV ACCOMMODATION CREDIT REFUGEE WORLD RELIEF CORPORATION OF THE NATIONAL ASSOCIATION OF EVANGELICALS 7 EAST BALTIMORE STREET BALTIMORE MD 21202 236393344 501(C)(3) 161500 0 REFUGEE AND DISASTER 22 0 DISASTER ACCOMMODATIONS 1986 3159386 FMV ACCOMMODATION CREDIT REFUGEE ACCOMMODATIONS 71 81833 FMV ACCOMMODATION CREDIT PART I, LINE 2: AIRBNB.ORG USED AN OUTSIDE SERVICE PROVIDER, TECHSOUP, TO CONFIRM GRANTEE ORGANIZATION STATUS. IN ADDITION, AIRBNB.ORG CONDUCTED AN ASSESSMENT TO EVALUATE GRANT ELIGIBILITY, USING ESTABLISHED SELECTION CRITERIA, AND FOR ANNUAL GRANTEES, A SCORING FRAMEWORK. GRANTEE ORGANIZATIONS WERE REQUIRED UNDER THEIR GRANT AGREEMENTS TO PROVIDE CERTAIN REPORTING TO AIRBNB.ORG, AND AIRBNB.ORG MONITORED THEIR USE OF GRANT FUNDS ON A QUARTERLY BASIS, AT A MINIMUM. PART III: BEFORE PROVIDING ACCOMMODATION CREDIT TO INDIVIDUALS, AIRBNB.ORG CONFIRMED RECIPIENT ELIGIBILITY, OR COORDINATED WITH GOVERNMENT OR NONPROFIT ENTITIES TO CONFIRM RECIPIENT ELIGIBILITY, BASED ON ESTABLISHED CRITERIA. IN THE IMMEDIATE AFTERMATH OF A DISASTER, RECIPIENT ELIGIBILITY IS BASED ON CRITERIA INCLUDING THE RECIPIENT'S LOCATION IN AN AREA SEVERELY IMPACTED BY THE DISASTER. AIRBNB.ORG REGULARLY MONITORED USE OF ACCOMMODATION CREDIT. PART III, COLUMN B: ESTIMATES OF NUMBER OF RECIPIENTS ARE BASED ON NUMBER OF PERSONS LISTED WITHIN THE ACCOMMODATION RESERVATION. X 2 107063 FMV 0 1 0 PART I, COLUMN (B): NUMBER OF CONTRIBUTIONS THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTIONS IN COLUMN (B). FORM 990, PART III, LINE 4: AIRBNB.ORG'S PROGRAM SERVICES WERE SUPPORTED BY DONATED SERVICES AND TECHNOLOGY FROM AIRBNB, INC. AIRBNB.ORG'S OPERATING EXPENSES WERE FULLY COVERED BY AIRBNB, INC. THROUGH BOTH DIRECT MONETARY AND IN-KIND DONATIONS. IN 2023, THESE IN-KIND CONTRIBUTIONS INCLUDED, BUT WERE NOT LIMITED TO: (1) HUMAN RESOURCES (STAFF), (2) AIRBNB, INC. PRODUCT & TECHNOLOGY TO FACILITATE AIRBNB.ORG STAYS GLOBALLY, (3) ACCESS TO AIRBNB, INC.'S BRAND AND INTELLECTUAL PROPERTY, INCLUDING TRADEMARKS, PRODUCT AND MARKETING CONTENT, AND MARKETING AND COMMUNICATIONS CHANNELS, (4) SOFTWARE LICENSES AND ACCESS TO KEY BUSINESS SYSTEMS, AND (5) EQUIPMENT AND FACILITIES FOR SUPPORTING STAFF. IN 2023, THESE IN-KIND CONTRIBUTIONS FROM AIRBNB, INC. WERE VALUED AT $16.5M (DONATED SERVICES OF $4.0M AND EQUITY TRANSFER OF $12.5M AS PRESENTED IN THE FINANCIAL STATEMENTS). FORM 990, PART VI, SECTION A, LINE 2 DURING THE 2023 TAX YEAR, JOE GEBBIA WAS A DIRECTOR OF AIRBNB, INC., AND CATHERINE POWELL, CHRISTOPH GORDER, KATHERINE WOO AND JENNIFER PATTERSON WERE EACH EMPLOYEES OF AIRBNB, INC. FORM 990, PART VI, LINE 3: AIRBNB, INC., UNDER THE TERMS OF AN OPERATING AGREEMENT WITH AIRBNB.ORG, PROVIDED CERTAIN SERVICES TO THE ORGANIZATION. THESE SERVICES WERE PROVIDED WITHOUT CHARGE AND WERE SUPERVISED AND CONTROLLED BY AIRBNB.ORG'S BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF DIRECTORS SHALL AT ALL TIMES HAVE AT LEAST ONE DIRECTOR WHO IS EMPLOYED BY AIRBNB, INC. AIRBNB, INC. HAS THE POWER TO APPOINT OR REMOVE SUCH DIRECTORS. A MAJORITY OF THE BOARD OF DIRECTORS SHALL AT ALL TIMES CONSIST OF DIRECTORS WHO ARE NOT EMPLOYED BY OR AFFILIATED WITH AIRBNB, INC. THESE DIRECTORS ARE ELECTED AND REMOVED BY VOTE OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B AIRBNB.ORG'S FORM 990 IS PREPARED BY AN EXTERNAL AUDITOR, GRANT THORNTON ADVISORS, LLC. THE FORM 990 IS THEN REVIEWED BY AIRBNB.ORG'S MANAGEMENT, FINANCE, AND LEGAL TEAMS, AS WELL AS OUTSIDE LEGAL COUNSEL. THE FORM 990 IS THEN PRESENTED TO THE FULL BOARD OF DIRECTORS FOR REVIEW PRIOR TO SUBMISSION TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION'S CONFLICT OF INTEREST POLICY WAS ENFORCED USING A PROCESS BY WHICH THE BOARD EVALUATES AND ADDRESSES POTENTIAL CONFLICTS OF INTEREST IN ACCORDANCE WITH THE POLICY AND USING A CONFLICT OF INTEREST FORM. UNDER THE POLICY, EACH OF THE ORGANIZATION'S DIRECTORS AND OFFICERS WERE REQUIRED TO PROMPTLY AND FULLY DISCLOSE ALL MATERIAL FACTS OF EVERY ACTUAL OR POTENTIAL CONFLICT OF INTEREST. THE BOARD OF DIRECTORS WOULD THEN DETERMINE WHETHER AN ACTUAL CONFLICT OF INTEREST EXISTED, AND WHETHER TO APPROVE THE RELEVANT TRANSACTION. ANY PERSON WITH AN ACTUAL CONFLICT OF INTEREST WOULD RECUSE THEMSELF FROM THE VOTE ON THE RELEVANT TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15 AIRBNB.ORG DID NOT HAVE EMPLOYEES OF ITS OWN, AND DID NOT PROVIDE COMPENSATION TO ANY OFFICERS. AIRBNB.ORG'S ESSENTIAL DUTIES AND ACTIVITIES ARE PERFORMED BY AIRBNB, INC. EMPLOYEES UNDER THE OPERATING AGREEMENT BETWEEN AIRBNB.ORG AND AIRBNB, INC., FREE OF CHARGE, AND ARE SUPERVISED AND CONTROLLED BY AIRBNB.ORG'S BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS MAY BE MADE AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST. FORM 990, PART XI, LINE 9: RECONCILIATION OF NET ASSETS INCLUDES THE FOLLOWING ADJUSTMENTS: REVERSAL OF GRANT EXPENSES FROM PRIOR YEARS 564,587. FOREIGN EXCHANGE LOSSES -12,811.