50CAN INC: Form 990, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
50CAN INC (EIN 27-3069592)
Tax period
2020-01-01 to 2020-12-31
Filed
2022-11-15
IRS object ID
202243199349319379
Schema version
2020v4.2
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)
Return2022-11-15T14:52:16-06:00ReturnTs
Tax Period End2020-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN271728945PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1PKF O'CONNOR DAVIES LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line13001 SUMMER STREET 5TH FLOOR EASTAddressLine1Txt
CitySTAMFORDCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06905ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2020-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN273069592EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line150CAN INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name Control50CABusinessNameControlTxt
Phone3014588452PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11380 MONROE STREET NW NO 413AddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20010ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMARC MAGEEPersonNm
Person TitleCEO & TREASURERPersonTitleTxt
Phone3014588452PhoneNum
Signature2022-11-15SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstMARCPersonFirstNm
Person LastMAGEEPersonLastNm
FieldValueIRS element (for citing)
SSNXXX-XX-XXXXSSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonEVA MRUKPreparerPersonNm
PTINP00543254PTIN
Phone2033232400PhoneNum
Preparation2022-11-02PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2020TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Amended ReturnYes (X)AmendedReturnInd
Principal OfficerMARC MAGEEPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11380 MONROE STREET NW NO 413AddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20010ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$10,338,380GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.50CAN.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2010FormationYr
Legal Domicile StateCTLegalDomicileStateCd
Activity Or Mission50CAN, INC. IS A NOT-FOR-PROFIT ORGANIZATION COMMITTED TO CLOSING AMERICA'S ACHIEVEMENT GAP BY BUILDING PUBLIC SUPPORT FOR PROVEN MODELS OF EFFECTIVE PUBLIC EDUCATION.ActivityOrMissionDesc
Voting Members Governing Body9VotingMembersGoverningBodyCnt
Voting Members Independent8VotingMembersIndependentCnt
Total Employee74TotalEmployeeCnt
Total Volunteers8TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$14,408,903PYContributionsGrantsAmt
CY Contributions Grants$8,494,637CYContributionsGrantsAmt
PY Program Service Revenue$1,053,212PYProgramServiceRevenueAmt
CY Program Service Revenue$1,746,035CYProgramServiceRevenueAmt
PY Investment Income-$1,458PYInvestmentIncomeAmt
CY Investment Income$7,383CYInvestmentIncomeAmt
PY Other Revenue$14,748PYOtherRevenueAmt
CY Other Revenue$90,325CYOtherRevenueAmt
PY Total Revenue$15,475,405PYTotalRevenueAmt
CY Total Revenue$10,338,380CYTotalRevenueAmt
PY Grants And Similar Paid$702,391PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$199,768CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$5,864,676PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$6,227,743CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$535PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$2,000CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$847,081CYTotalFundraisingExpenseAmt
PY Other Expenses$4,244,188PYOtherExpensesAmt
CY Other Expenses$3,737,084CYOtherExpensesAmt
PY Total Expenses$10,811,790PYTotalExpensesAmt
CY Total Expenses$10,166,595CYTotalExpensesAmt
PY Revenues Less Expenses$4,663,615PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$171,785CYRevenuesLessExpensesAmt
Total Assets BOY$8,185,866TotalAssetsBOYAmt
Total Assets EOY$7,906,075TotalAssetsEOYAmt
Total Liabilities BOY$730,067TotalLiabilitiesBOYAmt
Total Liabilities EOY$275,858TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$7,455,799NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$7,630,217NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
Mission50CAN IS ORGANIZED FOR THE PURPOSE OF IMPROVING THE QUALITY OF PUBLIC EDUCATION IN THE 50 STATES OF THE UNITED STATES OF AMERICA. IT DOES SO THROUGH THE CREATION AND MANAGEMENT OF STATE-BASED EDUCATIONAL REFORM PROGRAMS IN SUPPORT OF GREATER CHOICES, TRANSPARENCY, ACCOUNTABILITY AND FLEXIBILITY IN PUBLIC EDUCATION. ELEMENTS OF THESE PROGRAMS INCLUDE: RESEARCH ON AND DEVELOPMENT OF EFFECTIVE EDUCATIONAL REFORM POLICIES; DEVELOPMENT AND USE OF INFORMATION TECHNOLOGY, DATA GATHERING AND OUTCOME MEASUREMENTS DESIGNED TO INFORM, EVALUATE AND STRENGTHEN PUBLIC EDUCATION; PRODUCTION OF COMMUNICATIONS MATERIALS AND THE USE OF OUTREACH STRATEGIES TO EDUCATE THE GENERAL PUBLIC, ELECTED OFFICIALS, SCHOOL ADMINISTRATORS AND TEACHERS, CIVIC AND COMMUNITY GROUPS AND OTHER INTERESTED PARTIES ABOUT THE STATE OF PUBLIC EDUCATION AND THE POTENTIAL OF EDUCATION REFORM POLICIES AND PROGRAMS; AND EDUCATIONAL AND FELLOWSHIP PROGRAMS TO TRAIN INDIVIDUALS AS EFFECTIVE EDUCATIONAL REFORM LEADERS.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$2,952,574ExpenseAmt
Grant$199,768GrantAmt
Revenue$1,746,035RevenueAmt
DescCOMMUNICATIONS & MOBILIZATION50CAN HELPS LOCAL LEADERS CREATE A MOVEMENT OF INFORMED CITIZENS THROUGH MEDIA WORK, E-ADVOCACY, PUBLICATIONS, GRAPHIC DESIGN, PARTNERSHIPS WITH LIKE-MINDED CIVIC AND COMMUNITY GROUPS, PHONE BANKS, PETITIONS AND RALLIES.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$1,563,127ExpenseAmt
Grant$0GrantAmt
Revenue$0RevenueAmt
DescADVOCATE FOR POLICY CHANGE50CAN'S EXPERT STAFF TEAMS UP WITH OUR LOCAL LEADERS TO DEVELOP AND ENACT CONCRETE, MEANINGFUL EDUCATION REFORMS.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$1,215,766ExpenseAmt
Grant$0GrantAmt
Revenue$0RevenueAmt
DescTRAINING50CAN OFFERS A SUITE OF TRAINING PROGRAMS, INCLUDING A LEADERSHIP DEVELOPMENT PROGRAM AND YOUCAN (A PROGRAM TO TRAIN LOCAL COMMUNITY ACTIVISTS). THIS AREA ALSO INCLUDES RECURRING GATHERINGS OF 50CAN STAFFERS AND OTHER EDUCATION REFORMS PARTNERS TO PROVIDE ADDITIONAL PROFESSIONAL DEVELOPMENT OPPORTUNITIES.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

FieldValueIRS element (for citing)
Expense$1,649,968ExpenseAmt
Grant$0GrantAmt
Revenue$0RevenueAmt
DescRESEARCH & POLICY50CAN'S RESEARCH MARRIES IN-DEPTH ANALYSIS OF STATE-LEVEL PUBLIC EDUCATION DATA IN EACH STATE WITH THE LATEST NATIONAL EDUCATION POLICY RESEARCH.FISCAL SPONSORSHIPSFROM TIME TO TIME 50CAN WILL OFFER FISCAL AGENCY SERVICES TO PARTNER ORGANIZATIONS WITH SIMILAR MISSIONS. TO DATE THESE RELATIONSHIPS HAVE BEEN OFFERED TO NEW ORGANIZATIONS AWAITING INDEPENDENT 501(C)(3) STATUS OR TO THOSE THAT WANT TO TAKE ADVANTAGE OF 50CAN'S FINANCIAL PROCESSES.Desc
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$1,649,968TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Grant$0TotalOtherProgSrvcGrantAmt
Total Other Prog Srvc Revenue$0TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses$7,381,435TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying ActivitiesYes (1)LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
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 OrganizationsYes (1)GrantsToOrganizationsInd
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 ContriYes (1)DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl EntYes (1)RelatedOrganizationCtrlEntInd
Transaction With Control EntYes (1)TransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document144IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee74EmployeeCnt
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 Members9GoverningBodyVotingMembersCnt
Independent Voting Member8IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
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 Committees0MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local ChaptersYes (1)LocalChaptersInd
Policies Reference ChaptersYes (1)PoliciesReferenceChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldFLStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldGAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldHIStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldLAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMDStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNCStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNJStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNMStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldPAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldRIStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldSCStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldTNStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldVAStatesWhereCopyOfReturnIsFldCd
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonKENNA LITTLEPersonNm
Phone3014588452PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11380 MONROE STREET NW NO 413AddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20010ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (16 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeInd
MARC MAGEE
CEO & TREASURER45.005.00Yes (X)Yes (X)$303,085$0$23,565
MICHAEL PHILLIPS
BOARD CHAIR1.00Yes (X)Yes (X)$0$0$0
ANN BOROWIEC
BOARD MEMBER1.001.00Yes (X)$0$0$0
CAMPBELL BROWN
BOARD MEMBER1.00Yes (X)$0$0$0
KATHERINE HALEY
BOARD MEMBER1.00Yes (X)$0$0$0
DEEPA JAVERI
BOARD MEMBER1.00Yes (X)$0$0$0
ROLAND MARTIN
BOARD MEMBER1.00Yes (X)$0$0$0
ANDREW SCHWEDEL
BOARD MEMBER1.00Yes (X)$0$0$0
DACIA TOLL
BOARD MEMBER1.00Yes (X)$0$0$0
VALLAY-LATH VARRO
PRESIDENT45.005.00Yes (X)$259,355$0$28,857
DERRELL BRADFORD
EXECUTIVE VICE PRESIDENT50.00Yes (X)$196,199$0$17,846
SEAN ANDERSEN
FOUNDING PARTNER, PACE STRATEGIES50.00$226,698$0$16,751Yes (X)
RESHMA SINGH
FOUNDING PARTNER, PACE STRATEGIES50.00$230,265$0$19,780Yes (X)
JASON PROVOST
MANAGING DIRECTOR, PACE STRATEGIES50.00$140,520$0$14,990Yes (X)
JONATHAN NIKKILA
SENIOR VICE PRESIDENT50.00$179,371$0$25,206Yes (X)
SUBIRA GORDON
EXECUTIVE DIRECTOR50.00$158,319$0$24,466Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$1,693,812TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$171,461TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K18IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (4 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
DEFCON CONSULTING LLC
1452 DORCHESTER AVENUEDORCHESTERMA02122PROJECT MANAGEMENT CONSULTING$161,325
LANDSCAPE MEDIA LLC
1250 H STREET SUITE 200WASHINGTONDC20005GRAPHIC DESIGN$158,645
SHADRACH STEPHENS COMMUNICATIONS LLC
738 MOUNTAIN AVENUEWESTFIELDNJ07090COMMUNICATIONS CONSULTING$143,333
LISA RUDA
4545 CONNECTICUT AVE NW 216WASHINGTONDC20008PROJECT MANAGEMENT CONSULTING$105,000
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K4CntrctRcvdGreaterThan100KCnt
Government Grants$994,209GovernmentGrantsAmt
All Other Contributions$7,500,428AllOtherContributionsAmt
Noncash Contributions$55,883NoncashContributionsAmt
Total Contributions$8,494,637TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescEDU. REFORM ASSESSMENTDesc
Business900099BusinessCd
Total Revenue Column$1,746,035TotalRevenueColumnAmt
Related Or Exempt Func Income$1,746,035RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$1,746,035TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$7,383TotalRevenueColumnAmt
Exclusion$7,383ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$89,930RealAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$0RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$89,930RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$89,930TotalRevenueColumnAmt
Exclusion$89,930ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescMISC. REVENUEDesc
Business900099BusinessCd
Total Revenue Column$395TotalRevenueColumnAmt
Exclusion$395ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$395OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$10,338,380TotalRevenueColumnAmt
Related Or Exempt Func Income$1,746,035RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$97,708ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$199,768TotalAmt
Program Services$199,768ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$828,908TotalAmt
Program Services$560,353ProgramServicesAmt
Management And General$161,133ManagementAndGeneralAmt
Fundraising$107,422FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$4,358,679TotalAmt
Program Services$2,946,524ProgramServicesAmt
Management And General$847,293ManagementAndGeneralAmt
Fundraising$564,862FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$154,759TotalAmt
Program Services$104,619ProgramServicesAmt
Management And General$30,084ManagementAndGeneralAmt
Fundraising$20,056FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$472,343TotalAmt
Program Services$319,310ProgramServicesAmt
Management And General$91,820ManagementAndGeneralAmt
Fundraising$61,213FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$413,054TotalAmt
Program Services$279,230ProgramServicesAmt
Management And General$80,294ManagementAndGeneralAmt
Fundraising$53,530FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$60,237TotalAmt
Management And General$60,237ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$55,112TotalAmt
Management And General$55,112ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$359,227TotalAmt
Program Services$359,227ProgramServicesAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total$2,000TotalAmt
Fundraising$2,000FundraisingAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$1,759,518TotalAmt
Program Services$1,478,508ProgramServicesAmt
Management And General$281,010ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$252,790TotalAmt
Program Services$252,790ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$130,175TotalAmt
Program Services$110,159ProgramServicesAmt
Management And General$19,875ManagementAndGeneralAmt
Fundraising$141FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$376,998TotalAmt
Program Services$216,654ProgramServicesAmt
Management And General$157,469ManagementAndGeneralAmt
Fundraising$2,875FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$347,925TotalAmt
Program Services$278,339ProgramServicesAmt
Management And General$34,793ManagementAndGeneralAmt
Fundraising$34,793FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$178,554TotalAmt
Program Services$136,910ProgramServicesAmt
Management And General$41,455ManagementAndGeneralAmt
Fundraising$189FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$132,027TotalAmt
Program Services$110,737ProgramServicesAmt
Management And General$21,290ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$31,988TotalAmt
Management And General$31,988ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$23,352TotalAmt
Program Services$3,503ProgramServicesAmt
Management And General$19,849ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp

FieldValueIRS element (for citing)
DescSTAFF DEVELOPMENTDesc
Total$29,181TotalAmt
Program Services$24,804ProgramServicesAmt
Management And General$4,377ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$10,166,595TotalAmt
Program Services$7,381,435ProgramServicesAmt
Management And General$1,938,079ManagementAndGeneralAmt
Fundraising$847,081FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$3,938,319BOYAmt
EOY$5,089,084EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$4,038,990BOYAmt
EOY$2,614,505EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$15,716BOYAmt
EOY$15,603EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$28,404BOYAmt
EOY$58,099EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$264,646LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$220,169LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$76,465BOYAmt
EOY$44,477EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$55,756BOYAmt
EOY$52,091EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$32,216BOYAmt
EOY$32,216EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$8,185,866BOYAmt
EOY$7,906,075EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$422,746BOYAmt
EOY$208,458EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
EOY$67,400EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$307,321BOYAmt
EOY$0EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$730,067BOYAmt
EOY$275,858EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$7,455,799BOYAmt
EOY$4,036,501EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
EOY$3,593,716EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$7,455,799BOYAmt
EOY$7,630,217EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$8,185,866BOYAmt
EOY$7,906,075EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$171,785ReconcilationRevenueExpnssAmt
Prior Period Adjustments$2,633PriorPeriodAdjustmentsAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
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 Committee0AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$10,121,237CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$7,298,903CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$10,821,397CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$14,408,903CurrentTaxYearMinus1YearAmt
Current Tax Year$8,494,637CurrentTaxYearAmt
Total$51,145,077TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$10,121,237CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$7,298,903CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$10,821,397CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$14,408,903CurrentTaxYearMinus1YearAmt
Current Tax Year$8,494,637CurrentTaxYearAmt
Total$51,145,077TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$16,591,662SubstantialContributorsTotAmt
Public Support Total170$34,553,415PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$16CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$11CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$33,910CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$13,973CurrentTaxYearMinus1YearAmt
Current Tax Year$97,313CurrentTaxYearAmt
Total$145,223TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$4,168CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$813CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$35,251CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$848CurrentTaxYearMinus1YearAmt
Current Tax Year$395CurrentTaxYearAmt
Total$41,475TotalAmt
FieldValueIRS element (for citing)
Total Support$51,331,775TotalSupportAmt
Gross Receipts Rltd Activities$3,703,709GrossReceiptsRltdActivitiesAmt
Public Support CY1700.67310PublicSupportCY170Pct
Public Support PY1700.61700PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:FormAndLineReferenceDesc
ExplanationMISC REVENUE - 2016 AMOUNT: $ 4,168. 2017 AMOUNT: $ 813. 2018 AMOUNT: $ 35,251. 2019 AMOUNT: $ 848. 2020 AMOUNT: $ 395.ExplanationTxt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule C IRS990ScheduleC

Total Grassroots Lobbying TotalGrassrootsLobbyingGrp

FieldValueIRS element (for citing)
Filing Organizations Total$0FilingOrganizationsTotalAmt

Total Direct Lobbying TotalDirectLobbyingGrp

FieldValueIRS element (for citing)
Filing Organizations Total$359,227FilingOrganizationsTotalAmt

Total Lobbying Expend TotalLobbyingExpendGrp

FieldValueIRS element (for citing)
Filing Organizations Total$359,227FilingOrganizationsTotalAmt

Other Exempt Purpose Expend OtherExemptPurposeExpendGrp

FieldValueIRS element (for citing)
Filing Organizations Total$8,960,297FilingOrganizationsTotalAmt

Total Exempt Purpose Expend TotalExemptPurposeExpendGrp

FieldValueIRS element (for citing)
Filing Organizations Total$9,319,524FilingOrganizationsTotalAmt

Lobbying Nontaxable Amount LobbyingNontaxableAmountGrp

FieldValueIRS element (for citing)
Filing Organizations Total$615,976FilingOrganizationsTotalAmt

Grassroots Nontaxable GrassrootsNontaxableGrp

FieldValueIRS element (for citing)
Filing Organizations Total$153,994FilingOrganizationsTotalAmt

Tot Lbbyng Grassroot Mns Non Tx TotLbbyngGrassrootMnsNonTxGrp

FieldValueIRS element (for citing)
Filing Organizations Total$0FilingOrganizationsTotalAmt

Tot Lbby Expend Mns Lbbyng Non Tx TotLbbyExpendMnsLbbyngNonTxGrp

FieldValueIRS element (for citing)
Filing Organizations Total$0FilingOrganizationsTotalAmt

Avg Lobbying Nontaxable Amount AvgLobbyingNontaxableAmountGrp

FieldValueIRS element (for citing)
Current Year Minus3$564,699CurrentYearMinus3Amt
Current Year Minus2$694,042CurrentYearMinus2Amt
Current Year Minus1$648,837CurrentYearMinus1Amt
Current Year$615,976CurrentYearAmt
Total$2,523,554TotalAmt
FieldValueIRS element (for citing)
Lobbying Ceiling$3,785,331LobbyingCeilingAmt

Avg Total Lobbying Expend AvgTotalLobbyingExpendGrp

FieldValueIRS element (for citing)
Current Year Minus3$201,530CurrentYearMinus3Amt
Current Year Minus2$261,396CurrentYearMinus2Amt
Current Year Minus1$236,930CurrentYearMinus1Amt
Current Year$359,227CurrentYearAmt
Total$1,059,083TotalAmt

Avg Grassroots Nontaxable AvgGrassrootsNontaxableGrp

FieldValueIRS element (for citing)
Current Year Minus3$141,175CurrentYearMinus3Amt
Current Year Minus2$173,511CurrentYearMinus2Amt
Current Year Minus1$162,209CurrentYearMinus1Amt
Current Year$153,994CurrentYearAmt
Total$630,889TotalAmt
FieldValueIRS element (for citing)
Grassroots Ceiling$946,334GrassrootsCeilingAmt

Avg Grassroots Lobbying Expend AvgGrassrootsLobbyingExpendGrp

FieldValueIRS element (for citing)
Current Year Minus3$6,150CurrentYearMinus3Amt
Current Year Minus2$19,758CurrentYearMinus2Amt
Current Year Minus1$0CurrentYearMinus1Amt
Current Year$0CurrentYearAmt
Total$25,908TotalAmt

Schedule D IRS990ScheduleD

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$264,646OtherCostOrOtherBasisAmt
Depreciation$220,169DepreciationAmt
Book Value$44,477BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$44,477TotalBookValueLandBuildingsAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$10,656,455TotalRevEtcAuditedFinclStmtAmt
Donated Services And Use Fclts$318,075DonatedServicesAndUseFcltsAmt
Revenue Not Reported$318,075RevenueNotReportedAmt
Revenue Subtotal$10,338,380RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$10,338,380TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$10,484,670TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$318,075DonatedServicesUseFcltsAmt
Expenses Not Reported$318,075ExpensesNotReportedAmt
Expenses Subtotal$10,166,595ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$10,166,595TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
Explanation50CAN RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY WHEN THEY ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT 50CAN HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. 50CAN IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR PERIODS PRIOR TO 2017.ExplanationTxt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable (5 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtPurpose Of GrantPurposeOfGrantTxt
CAMDEN EDUCATION FUND
700 13TH ST NW STE 800WASHINGTONDC20005843991160501(C)(3)$82,700TO ACCELERATE PROGRESS IN THE CAMDEN PUBLIC SCHOOL SYSTEM
NEW JERSEY CENTER FOR TEACHING AND LEARNING
115 FRANKLIN TPKE 203MAHWAHNJ07430770667571501(C)(3)$8,002TO ACCELERATE PROGRESS IN THE CAMDEN PUBLIC SCHOOL SYSTEM
KIPP COOPER NORCROSS ACADEMY
60 PARK PLACE SUITE 802NEWARKNJ07102455040456501(C)(3)$30,000TO ENDORSE ORAGNIZATION'S MATHEMATICS, PHYSICS, AND CHEMISTRY'S PROGRAMS
HAWAII EDUCATION INSTITUTE
PO BOX 30146HONOLULUHI96820471757019501(C)(3)$38,000TO SUPPORT THE EMOTIONAL SUPPORT PROGRAM AT KIPP
PARENTS FOR GREAT CAMDEN SCHOOLS
116 NORTH SECOND ST 201CAMDENNJ08102472953076501(C)(3)$41,065TO ORGANIZE AND EMPOWER CAMDEN PARENTS TO ADVOCATE FOR HIGH QUALITY SCHOOLS
FieldValueIRS element (for citing)
Total501c3 Org5Total501c3OrgCnt
Total Other Org0TotalOtherOrgCnt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationFROM TIME TO TIME WE WILL PARTNER WITH OTHER STATE LEVEL ADVOCATES WHEN OPPORTUNITIES ARISE. IN CERTAIN CASES, 50CAN ACTS AS FISCAL AGENT FOR SUCH GRANTS AND WILL ENTER INTO SEPARATE GRANT AGREEMENTS WITH SUB-GRANTEES BEFORE DISTRIBUTING FUNDS. WE REQUIRE REPORTING ON THE USE OF FUNDS AND AN UPDATE ON PROGRAMMING FROM ANY AND ALL SUB-GRANTEES. 50CAN, INC. HAS NOT HISTORICALLY MADE INDEPENDENT GRANTS TO OTHER ORGANIZATIONS UNLESS 50CAN IS PART OF THE SAME PROJECT. ALL GRANTEES MUST ABIDE BY THE SPENDING AND REPORTING REQUIREMENTS LISTED IN THEIR GRANT AGREEMENTS. THE BOARD APPROVES GRANTS.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
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 PaymentsYes (1)AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (8 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
MARC MAGEE
CEO & TREASURER$303,085$0$0$0$0$0$14,250$0$9,315$0$326,650$0$0$0
VALLAY-LATH VARRO
PRESIDENT$258,355$0$1,000$0$0$0$12,815$0$16,042$0$288,212$0$0$0
RESHMA SINGH
FOUNDING PARTNER, PACE STRATEGIES$230,265$0$0$0$0$0$11,247$0$8,533$0$250,045$0$0$0
SEAN ANDERSEN
FOUNDING PARTNER, PACE STRATEGIES$226,698$0$0$0$0$0$8,248$0$8,503$0$243,449$0$0$0
DERRELL BRADFORD
EXECUTIVE VICE PRESIDENT$195,199$0$1,000$0$0$0$9,427$0$8,419$0$214,045$0$0$0
JONATHAN NIKKILA
SENIOR VICE PRESIDENT$178,371$0$1,000$0$0$0$8,934$0$16,272$0$204,577$0$0$0
SUBIRA GORDON
EXECUTIVE DIRECTOR$157,319$0$1,000$0$0$0$8,194$0$16,272$0$182,785$0$0$0
JASON PROVOST
MANAGING DIRECTOR, PACE STRATEGIES$140,520$0$0$0$0$0$6,738$0$8,252$0$155,510$0$0$0

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 7FormAndLineReferenceDesc
Explanation50CAN PROVIDES BONUS COMPENSATION BASED ON VARIOUS PERFORMANCE RELATED CRITERIA AND THE JUDGEMENT OF MANAGEMENT. BONUSES ARE APPROVED BY THE BOARD OF DIRECTORS ON AN ANNUAL BASIS.ExplanationTxt

Schedule M IRS990ScheduleM

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution3ContributionCnt
Noncash Contributions Rpt F990$55,883NoncashContributionsRptF990Amt
Method Of Determining RevenuesAVG. SELLING PRICEMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Form8283 Received0Form8283ReceivedCnt
Any Property That Must Be Held0AnyPropertyThatMustBeHeldInd
Review Process Unusual NC Gifts0ReviewProcessUnusualNCGiftsInd
Third Parties Used0ThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, COLUMN (B):FormAndLineReferenceDesc
ExplanationTHE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTORS.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 8B50CAN DOES NOT HAVE BOARD COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BOARD.
FORM 990, PART VI, SECTION B, LINE 11B50CAN, INC. HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND HAS ESTABLISHED THE FOLLOWING REVIEW PROCESS TO ENSURE THAT THE INFORMATION REPORTED IS COMPLETE AND ACCURATE. WHEN THE FORM 990 HAS BEEN PREPARED, REVIEWED BY CEO AND IS READY TO BE FILED WITH THE INTERNAL REVENUE SERVICE, IT IS ELECTRONICALLY SENT TO THE BOARD FOR APPROVAL. ONCE THE BOARD HAS APPROVED THE RETURN IT IS FILED WITH THE INTERNAL REVENUE SERVICE.
FORM 990, PART VI, SECTION B, LINE 12CANY DIRECTOR, PRINCIPAL OFFICER, OR MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS, WHO HAS A DIRECT OR INDIRECT FINANCIAL INTEREST, AS DEFINED BELOW, IS AN INTERESTED PERSON. A PERSON HAS A FINANCIAL INTEREST IF THE PERSON HAS, DIRECTLY OR INDIRECTLY, THROUGH BUSINESS, INVESTMENT, OR FAMILY: (A) AN OWNERSHIP OR INVESTMENT INTEREST IN ANY ENTITY WITH WHICH THE ORGANIZATION HAS A TRANSACTION OR ARRANGEMENT, (B) A COMPENSATION ARRANGEMENT WITH THE ORGANIZATION OR WITH ANY ENTITY OR INDIVIDUAL WITH WHICH THE ORGANIZATION HAS A TRANSACTION OR ARRANGEMENT, OR (C) A POTENTIAL OWNERSHIP OR INVESTMENT INTEREST IN, OR COMPENSATION ARRANGEMENT WITH, ANY ENTITY OR INDIVIDUAL WITH WHICH THE ORGANIZATION IS NEGOTIATING A TRANSACTION OR ARRANGEMENT. COMPENSATION INCLUDES DIRECT AND INDIRECT REMUNERATION AS WELL AS GIFTS OR FAVORS THAT ARE NOT INSUBSTANTIAL. A FINANCIAL INTEREST IS NOT NECESSARILY A CONFLICT OF INTEREST. A PERSON WHO HAS A FINANCIAL INTEREST MAY HAVE A CONFLICT OF INTEREST ONLY IF THE APPROPRIATE GOVERNING BOARD OR COMMITTEE DECIDES THAT A CONFLICT OF INTEREST EXISTS. IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES WITH GOVERNING BOARD DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, HE/SHE SHALL LEAVE THE GOVERNING BOARD OR COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OR COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. PROCEDURES FOR ADDRESSING THE CONFLICT OF INTEREST: A. AN INTERESTED PARTY MAY MAKE A PRESENTATION AT THE GOVERNING BOARD OR COMMITTEE MEETING, BUT AFTER THE PRESENTATION, HE/SHE SHALL LEAVE THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION OR ARRANGEMENT INVOLVING THE POSSIBLE CONFLICT OF INTEREST. B. THE CHAIRPERSON OF THE GOVERNING BOARD OR COMMITTEE SHALL, IF APPROPRIATE, APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. C. AFTER EXERCISING DUE DILIGENCE, THE GOVERNING BOARD OR COMMITTEE SHALL DETERMINE WHETHER THE ORGANIZATION CAN OBTAIN WITH REASONABLE EFFORTS A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. D. IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY POSSIBLE UNDER CIRCUMSTANCES NOT PRODUCING A CONFLICT OF INTEREST, THE GOVERNING BOARD OR COMMITTEE SHALL DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED DIRECTORS WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE ORGANIZATION'S BEST INTEREST, FOR ITS OWN BENEFIT, AND WHETHER IT IS FAIR AND REASONABLE. IN CONFORMITY WITH THE ABOVE DETERMINATION IT SHALL MAKE ITS DECISION AS TO WHETHER TO ENTER INTO THE TRANSACTION OR ARRANGEMENT. IF THE GOVERNING BOARD OR COMMITTEE HAS REASONABLE CAUSE TO BELIEVE A MEMBER HAS FAILED TO DISCLOSE ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, IT SHALL INFORM THE MEMBER OF THE BASIS FOR SUCH BELIEF AND AFFORD THE MEMBER AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. IF, AFTER HEARING THE MEMBER'S RESPONSE AND AFTER MAKING FURTHER INVESTIGATION AS WARRANTED BY THE CIRCUMSTANCES, THE GOVERNING BOARD OR COMMITTEE DETERMINES THE MEMBER HAS FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, IT SHALL TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION. EACH DIRECTOR, PRINCIPAL OFFICER AND MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS SUCH PERSON A. HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY, B. HAS READ AND UNDERSTANDS THE POLICY, C. HAS AGREED TO COMPLY WITH THE POLICY, AND D. UNDERSTANDS THE ORGANIZATION IS CHARITABLE AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES.
FORM 990, PART VI, SECTION B, LINE 15FOR ALL POSITIONS, 50CAN LOOKS AT NON-PROFIT COMPENSATION ACROSS ITS VARIOUS STATES TO ENSURE THAT ITS COMPENSATION IS COMPETITIVE TO RETAIN THE BEST TALENT. WHEN SETTING COMPENSATION FOR POSITIONS, 50CAN REVIEWS COMPENSATION SURVEYS FOR NON-PROFITS AND CONSIDERS OTHER EDUCATION REFORM GROUPS AND HOW THEY COMPENSATE THEIR EMPLOYEES. RAISES AND PROMOTIONS ARE USUALLY BASED ON 50 CAN'S PERFORMANCE REVIEW SYSTEMS. ONCE COMPENSATION HAS BEEN DETERMINED, A CHART IS SUBMITTED TO THE BOARD OF DIRECTORS WITH EXPLANATIONS OF ANY PROPOSED CHANGES AND THE BOARD THEN VOTES ON THESE FIGURES DURING AN EXECUTIVE SESSION. THE VOTING AND APPROVAL ARE DOCUMENTED IN THE MINUTES OF THE EXECUTIVE SESSION. THIS PROCESS WAS LAST UNDERTAKEN IN DECEMBER 2020.
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION MAKES ITS FORM 990 AND FORM 1023 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. THE RETURN IS ALSO POSTED ON GUIDESTAR.ORG AND OTHER SIMILAR TYPES OF WEBSITES. IN ADDITION, THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC BY PROVIDING COPIES UPON REQUEST.
FORM 990, PART IX, LINE 11GPAYROLL PROCESSING: PROGRAM SERVICE EXPENSES 144,703. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 144,703. PROGRAM STIPEND: PROGRAM SERVICE EXPENSES 1,062,961. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,062,961. OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 270,844. MANAGEMENT AND GENERAL EXPENSES 281,010. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 551,854.
FORM 990, LINE B, AMENDED RETURN:AN AMENDED RETURN IS BEING FILED TO IN ORDER TO CONFORM TO THE ORGANIZATION'S DECEMBER 31, 2020 AUDITED FINANCIAL STATEMENTS ISSUED SUBSEQUENT TO THE ORIGINAL FILING OF THIS RETURN. A LISTING OF ALL OF THE CHANGES TO THE FORM 990 IS AS FOLLOWS: 1. PAGE 1, BOX 6: GROSS RECEIPTS WAS UPDATED TO REFLECT THE UPDATED REVENUE REPORTED IN PART VIII 2. PART I, LINES 8-22 (CURRENT YEAR): THESE AMOUNTS WERE UPDATED TO REFLECT THE CHANGES REPORTED IN THEIR RESPECTIVE PARTS OF THE RETURN. 3. PART III, LINE 4A, 4B, 4C AND 4D: THE TOTAL PROGRAM EXPENSES WERE UPDATED TO AGREE TO THE FUNCTIONAL ALLOCATION IN PART IX 4. PART IV, LINE 11F AND 12A: CHECKED YES BASED ON THE ISSUANCE OF THE AUDITED FINANCIAL STATEMENTS 5. PART VIII: STATEMENT OF REVENUE WAS UPDATED 6. PART IX: THE OVERALL FUNCTIONAL EXPENSE ALLOCATION WAS UPDATED. THE REVISED ALLOCATION WAS INCORPORATED INTO PART IX. IN ADDITION, VARIOUS LINE ITEMS WERE ADJUSTED DUE TO THE REVISED FIGURES THROUGHOUT THE STATEMENT 7. PART X : THE AMOUNTS ON THE BALANCE SHEET WERE UPDATED 8. PART XI, LINES 1 - 10: THESE AMOUNTS WERE UPDATED FOR THE CHANGES REPORTED IN PART VIII AND PART IX, AS PER THE CHANGES DISCUSSED ABOVE 9. PART XII, LINE 2B: CHECKED YES TO REFLECT THE ISSUANCE OF THE AUDITED FINANCIAL STATEMENTS 10. THE FOLLOWING SCHEDULES WERE UPDATED PER THE CORRESPONDING CHANGES ABOVE: -SCHEDULE A, PART III, COLUMN (E) AND COLUMN (F), LINES 10, 12, -SCHEDULE B, CONTRIBUTORS WERE ADJUSTED TO REFLECT 2% THRESHOLD -SCHEDULE C, TOTAL EXEMPT EXPENDITURES WERE UPDATED -SCHEDULE D, PART VI, PART X, LINE 2, PART XI, PART XII AND PART XIII. -SCHEDULE I

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtControlled OrganizationControlledOrganizationInd
50CAN ACTION FUND INC
1625 K STREET NW SUITE 400WASHINGTONDC20006454698768TO CLOSE AMERICA'S EDUCATIONAL ACHIEVEMENT GAPCT501(C)(4)50CAN INCYes (1)
50CAN ACTION FUND PAC
1625 K STREET NW SUITE 400WASHINGTONDC20006830877823POLITICAL ACTION COMMITTEEDC52750CAN INCYes (1)
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (1)SharingOfFacilitiesInd
Paid Employees SharingYes (1)PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (2 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
50CAN ACTION FUND INC
Q$712,989COST
50CAN ACTION FUND INC
O$552,019COST

Comments

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