VOLCKER ALLIANCE INC: Form 990, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- VOLCKER ALLIANCE INC (EIN 45-4585989)
- Tax period
- 2019-01-01 to 2019-12-31
- Filed
- 2020-06-04
- IRS object ID
- 202001569349300045
- Schema version
- 2019v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-06-04T13:00:31-05:00 | ReturnTs |
| Tax Period End | 2019-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 350921680 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CROWE LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 175 Powder Forest Drive | AddressLine1Txt |
| City | Simsbury | CityNm |
| State Abbreviation | CT | StateAbbreviationCd |
| ZIP | 060897902 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2019-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 454585989 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Volcker Alliance Inc | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | VOLC | BusinessNameControlTxt |
| Phone | 6463430155 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 560 Lexington Ave 16B | AddressLine1Txt |
| City | New York | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10022 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Thomas W Ross | PersonNm |
| Person Title | President | PersonTitleTxt |
| Signature | 2020-06-04 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Kristin Anderson | PreparerPersonNm |
| PTIN | P01231300 | PTIN |
| Phone | 8606789200 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2019 | TaxYr |
| Build TS | 2021-01-29 14:40:06Z | BuildTS |
Form 990 IRS990
Principal Ofcr Business Name PrincipalOfcrBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Thomas W Ross | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 560 Lexington Ave 16B | AddressLine1Txt |
| City | New York | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10022 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $21,675,736 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.volckeralliance.org | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2012 | FormationYr |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Activity Or Mission | The Volcker Alliance advances effective management of government to achieve results that matter to citizens. We envision a public sector workforce with the experience, preparation, and commitment to ensure that government is accountable and delivers with excellence. | ActivityOrMissionDesc |
| Voting Members Governing Body | 17 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 16 | VotingMembersIndependentCnt |
| Total Employee | 25 | TotalEmployeeCnt |
| Total Volunteers | 16 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $1,886,210 | PYContributionsGrantsAmt |
| CY Contributions Grants | $4,978,746 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $28,798 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $38,981 | CYProgramServiceRevenueAmt |
| PY Investment Income | $850,083 | PYInvestmentIncomeAmt |
| CY Investment Income | $2,733,939 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $2,765,091 | PYTotalRevenueAmt |
| CY Total Revenue | $7,751,666 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $2,493,849 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $2,666,315 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $627,354 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $2,286,052 | PYOtherExpensesAmt |
| CY Other Expenses | $1,722,459 | CYOtherExpensesAmt |
| PY Total Expenses | $4,779,901 | PYTotalExpensesAmt |
| CY Total Expenses | $4,388,774 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$2,014,810 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $3,362,892 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $12,626,480 | TotalAssetsBOYAmt |
| Total Assets EOY | $15,526,521 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $195,208 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $432,518 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $12,431,272 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $15,094,003 | NetAssetsOrFundBalancesEOYAmt |
| Mission | The mission of the Volcker Alliance is to advance effective management of government to deliver results that matter to citizens. We envision a public sector workforce with the experience, preparation, and commitment to ensure that government is accountable and delivers with excellence. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $2,801,046 | ExpenseAmt |
| Revenue | $39,175 | RevenueAmt |
| Desc | Public Service Excellence The Volcker Alliance is conducting a range of initiatives focused on ensuring a highly capable public service workforce. In 2019, the Volcker Alliance helped drive the work of the Task Force to Reinvent Public Service Education, a select group of deans of Schools of Public Service who came together with the objective of expanding the reach and impact of public service education. As an offshoot of this effort, the Volcker Alliance is collaborating closely with the team at Arizona State University's Watts College of Public Service and Community Solutions to plan and host a conference for university leaders focused on engaging undergraduates in public service education. The Volcker Alliance was one of three winners of the Government Effectiveness Advanced Research Center (GEAR) Challenge in 2019, and was awarded a $300,000 grant from the United States Office of Management and Budget to help improve the use of evidence and data by the federal workforce. The Volcker Alliance is working with our partners to deliver customized training on data-driven decision-making to 250 federal managers in the Kansas City region. The Volcker Alliance launched the Paul A. Volcker Careers in Government Essay Contest in 2019 to recognize students who aspire to pursue careers in public service. The contest raised student awareness about the opportunities that come with a career in public service, including mission, impact, job security and pathways for career advancement; helped unpack what motivates students to opt for a career in government as opposed to the private sector; and honored Mr. Volcker's unparalleled contributions to the civic sector and his commitment to ensuring the public sector workforce is talented, innovative, and effective. Talent Pipeline The Volcker Alliance is developing a portfolio of initiatives focused on building the talent pipeline for government. Our Government-to-University Initiative (G2U) is an innovative approach to strengthening the public service talent pipeline by assembling regional networks of governments and universities. G2U officially launched in 2019 with establishment of the G2U Regional Coalition in Kansas City. The Alliance continued its efforts to expand the initiative throughout the year, and is poised to add three additional sites to the G2U network in 2020. Truth and Integrity in Government Finance The Truth and Integrity in Government Finance initiative is a multiyear study of state and local budgeting, financial reporting, and fiscal practices across the United States. The tangible impact of this initiative continues to increase, with a growing list of states that have passed laws and implemented recommended budgeting policy improvements: Utah, Pennsylvania, Vermont, Connecticut, Illinois, Georgia, and New Jersey. In July, state lawmakers, budget officials, investors, Federal Reserve officials, and the media gathered in Atlanta for the FY2020 State Fiscal Conference, "Truth and Integrity in State Budgeting: Looming Risks, Durable Solutions." At the event, co-hosted by the Volcker Alliance and Federal Reserve Bank of Atlanta, attendees discussed strategies for meeting critical challenges and gained actionable information on budgetary risks and best practices. The Alliance worked closely with the Federal Reserve Bank of Atlanta to create a four-podcast series focused on infrastructure, workforce development, state fiscal risks, and rainy day funds. The Truth and Integrity in Government Finance initiative released two important working papers in 2019. The first, entitled Rainy Day Fund Strategies: A Call to Action, examines the rainy day fund policies and practices of all fifty states and sets out a ten-point program that states can use as a template for reform. The second paper, America's Trillion-Dollar Repair Bill: Capital Budgeting and the Disclosure of State Infrastructure Needs, offered a ten-point strategy to help states reform capital budgeting and infrastructure deferred maintenance reporting practices. | Desc |
| Total Program Service Expenses | $2,801,046 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | Yes (true) | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (true) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | false | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 20 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 25 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | false | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | Yes (true) | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 17 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 16 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (true) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | false | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Emily Bolton | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6463430155 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 560 Lexington Ave Ste 16B | AddressLine1Txt |
| City | New York | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10022 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (26 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| Anthony Dowd | ||||||||
| Treasurer | 5.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| Paul A Volcker | ||||||||
| CHAIRMAN, DECEASED 12/8/19 | 5.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| Thomas W Ross | ||||||||
| President | 40.0 | Yes (X) | Yes (X) | $397,218 | $0 | $35,034 | ||
| Anthony Foxx | ||||||||
| BOARD MEMBER | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| ANTHONY WALTON | ||||||||
| BOARD MEMBER (thru January 2019) | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| Antonio Weiss | ||||||||
| BOARD MEMBER | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| CHARLES ARTHUR BOWSHER | ||||||||
| BOARD MEMBER | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| FRANCIS FUKUYAMA | ||||||||
| BOARD MEMBER | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| Norman J Ornstein | ||||||||
| BOARD MEMBER | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| RICHARD RAVITCH | ||||||||
| BOARD MEMBER | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| SHEILA BAIR | ||||||||
| BOARD MEMBER | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| SHIRLEY CLARKE FRANKLIN | ||||||||
| BOARD MEMBER | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| Stephanie Miner | ||||||||
| BOARD MEMBER | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| THOMAS M DAVIS | ||||||||
| BOARD MEMBER | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| WILLIAM H DONALDSON | ||||||||
| BOARD MEMBER | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| William Haslam | ||||||||
| BOARD MEMBER (STARTING SEPTEMBER 2019) | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| William R Rhodes | ||||||||
| Board Member | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| WILLIAM WARREN BRADLEY | ||||||||
| BOARD MEMBER, CHAIRMAN STARTING 12/12/19 | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| Amy M Smitherman | ||||||||
| Chief Financial Officer (thru March 2019) | 40.0 | Yes (X) | $108,150 | $0 | $8,938 | |||
| Sara Mogulescu | ||||||||
| EXECUTIVE VICE PRESIDENT | 40.0 | Yes (X) | $278,337 | $0 | $37,214 | |||
| Gaurav Vasisht | ||||||||
| Senior VP and Director, Financial Regulation | 40.0 | $183,009 | $0 | $50,874 | Yes (X) | |||
| William Glasgall | ||||||||
| SENIOR VP AND DIRECTOR, STATE & LOCAL | 40.0 | $220,948 | $0 | $36,099 | Yes (X) | |||
| EMILY BOLTON | ||||||||
| Chief Strategy Officer | 40.0 | $140,912 | $0 | $6,971 | Yes (X) | |||
| Maggie Mello | ||||||||
| Associate Director | 40.0 | $120,484 | $0 | $16,888 | Yes (X) | |||
| Melissa Austin | ||||||||
| Associate Director | 40.0 | $118,256 | $0 | $18,836 | Yes (X) | |||
| Neilia Stephens | ||||||||
| DIRECTOR OF COMMUNICATIONS | 40.0 | $143,750 | $0 | $9,436 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,711,064 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $220,290 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 8 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp
Contractor Name ContractorName
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MUNICIPAL MARKET ANALYTICS INC | BusinessNameLine1Txt |
Contractor Address ContractorAddress
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 75 MAIN STREET | AddressLine1Txt |
| City | CONCORD | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 01742 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Services | MARKET RESEARCH | ServicesDesc |
| Compensation | $225,200 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 1 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $300,000 | GovernmentGrantsAmt |
| All Other Contributions | $4,678,746 | AllOtherContributionsAmt |
| Total Contributions | $4,978,746 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | FISCAL SPONSOR ADMIN REVENUE | Desc |
| Business | 611430 | BusinessCd |
| Total Revenue Column | $38,981 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $38,981 | RelatedOrExemptFuncIncomeAmt |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $38,981 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $339,687 | TotalRevenueColumnAmt |
| Exclusion | $339,687 | ExclusionAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
| Personal | $0 | PersonalAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $16,318,322 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $13,924,070 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $2,394,252 | SecuritiesAmt |
| Other | $0 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,394,252 | TotalRevenueColumnAmt |
| Exclusion | $2,394,252 | ExclusionAmt |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $0 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $7,751,666 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $38,981 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $2,733,939 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,355,821 | TotalAmt |
| Program Services | $810,439 | ProgramServicesAmt |
| Management And General | $287,876 | ManagementAndGeneralAmt |
| Fundraising | $257,506 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $912,511 | TotalAmt |
| Program Services | $545,451 | ProgramServicesAmt |
| Management And General | $193,750 | ManagementAndGeneralAmt |
| Fundraising | $173,310 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $67,023 | TotalAmt |
| Program Services | $40,063 | ProgramServicesAmt |
| Management And General | $14,231 | ManagementAndGeneralAmt |
| Fundraising | $12,729 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $159,336 | TotalAmt |
| Program Services | $95,243 | ProgramServicesAmt |
| Management And General | $33,831 | ManagementAndGeneralAmt |
| Fundraising | $30,262 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $171,624 | TotalAmt |
| Program Services | $102,588 | ProgramServicesAmt |
| Management And General | $36,440 | ManagementAndGeneralAmt |
| Fundraising | $32,596 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,791 | TotalAmt |
| Management And General | $14,739 | ManagementAndGeneralAmt |
| Fundraising | $52 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $140,966 | TotalAmt |
| Management And General | $140,467 | ManagementAndGeneralAmt |
| Fundraising | $499 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $35,144 | TotalAmt |
| Management And General | $35,144 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $800,706 | TotalAmt |
| Program Services | $781,531 | ProgramServicesAmt |
| Management And General | $12,708 | ManagementAndGeneralAmt |
| Fundraising | $6,467 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,200 | TotalAmt |
| Program Services | $3,465 | ProgramServicesAmt |
| Management And General | $938 | ManagementAndGeneralAmt |
| Fundraising | $1,797 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $86,659 | TotalAmt |
| Program Services | $48,437 | ProgramServicesAmt |
| Management And General | $13,110 | ManagementAndGeneralAmt |
| Fundraising | $25,112 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $20,664 | TotalAmt |
| Program Services | $11,550 | ProgramServicesAmt |
| Management And General | $3,126 | ManagementAndGeneralAmt |
| Fundraising | $5,988 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $369,997 | TotalAmt |
| Program Services | $219,039 | ProgramServicesAmt |
| Management And General | $81,362 | ManagementAndGeneralAmt |
| Fundraising | $69,596 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $116,124 | TotalAmt |
| Program Services | $100,491 | ProgramServicesAmt |
| Management And General | $10,670 | ManagementAndGeneralAmt |
| Fundraising | $4,963 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $18,824 | TotalAmt |
| Program Services | $16,290 | ProgramServicesAmt |
| Management And General | $1,730 | ManagementAndGeneralAmt |
| Fundraising | $804 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $18,431 | TotalAmt |
| Program Services | $10,911 | ProgramServicesAmt |
| Management And General | $4,053 | ManagementAndGeneralAmt |
| Fundraising | $3,467 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,874 | TotalAmt |
| Management And General | $6,850 | ManagementAndGeneralAmt |
| Fundraising | $24 | FundraisingAmt |
Other Expenses OtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | COMMUNICATIONS COLLATERAL | Desc |
| Total | $59,593 | TotalAmt |
| Management And General | $59,382 | ManagementAndGeneralAmt |
| Fundraising | $211 | FundraisingAmt |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $27,486 | TotalAmt |
| Program Services | $15,548 | ProgramServicesAmt |
| Management And General | $9,967 | ManagementAndGeneralAmt |
| Fundraising | $1,971 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,388,774 | TotalAmt |
| Program Services | $2,801,046 | ProgramServicesAmt |
| Management And General | $960,374 | ManagementAndGeneralAmt |
| Fundraising | $627,354 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $83,740 | BOYAmt |
| EOY | $703,828 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,641,838 | BOYAmt |
| EOY | $82,505 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $300,000 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $27,790 | BOYAmt |
| EOY | $0 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $25,627 | BOYAmt |
| EOY | $44,364 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $68,556 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $64,758 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $22,229 | BOYAmt |
| EOY | $3,798 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,754,929 | BOYAmt |
| EOY | $14,321,699 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $70,327 | BOYAmt |
| EOY | $70,327 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,626,480 | BOYAmt |
| EOY | $15,526,521 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $195,208 | BOYAmt |
| EOY | $163,584 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $268,934 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $195,208 | BOYAmt |
| EOY | $432,518 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,431,272 | BOYAmt |
| EOY | $13,756,948 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,000,000 | BOYAmt |
| EOY | $1,337,055 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,431,272 | BOYAmt |
| EOY | $15,094,003 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,626,480 | BOYAmt |
| EOY | $15,526,521 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $3,362,892 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$700,161 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $704,550 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $3,072,795 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,044,491 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,886,210 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,978,746 | CurrentTaxYearAmt |
| Total | $8,686,792 | TotalAmt |
Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $704,550 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $3,072,795 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,044,491 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,886,210 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,978,746 | CurrentTaxYearAmt |
| Total | $8,686,792 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $5,959,473 | SubstantialContributorsTotAmt |
| Public Support Total170 | $2,727,319 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $519,296 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $528,108 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $496,759 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $339,025 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $339,687 | CurrentTaxYearAmt |
| Total | $2,222,875 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $0 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $0 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $0 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $20,455 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $0 | CurrentTaxYearAmt |
| Total | $20,455 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $0 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $0 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $0 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $0 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $0 | CurrentTaxYearAmt |
| Total | $0 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $10,930,122 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $261,714 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.2495 | PublicSupportCY170Pct |
| Public Support PY170 | 0.2015 | PublicSupportPY170Pct |
| Ten Pct Facts Crcmstncs Test CY | Yes (X) | TenPctFactsCrcmstncsTestCYInd |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule A, Part II, Line 17a FACTS & CIRCUMSTANCES TEST | FormAndLineReferenceDesc |
| Explanation | THE ORGANIZATION IS IN ITS EARLY YEAR OF EXISTENCE AND IS REVIEWING ITS EFFORTS TO SOLICIT FUNDS FROM THE GENERAL PUBLIC AND OTHER PUBLIC CHARITIES. THE ORGANIZATION HAS DEMONSTRATED A POSITIVE TREND FROM 2018 TO 2019 WITH AN INCREASE IN PUBLIC SUPPORT. | ExplanationTxt |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Agent Trustee Etc | false | AgentTrusteeEtcInd |
| Incl Escrow Custodial Acct Liab | Yes (true) | InclEscrowCustodialAcctLiabInd |
| Explanation Provided | Yes (X) | ExplanationProvidedInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $1,000,000 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $78,251 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $41,196 | GrantsOrScholarshipsAmt |
| End Year Balance | $1,037,055 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $0 | BeginningYearBalanceAmt |
| Contributions | $1,000,000 | ContributionsAmt |
| End Year Balance | $1,000,000 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $0 | BeginningYearBalanceAmt |
| End Year Balance | $0 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $0 | BeginningYearBalanceAmt |
| End Year Balance | $0 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $0 | BeginningYearBalanceAmt |
| End Year Balance | $0 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.0 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 1.0 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.0 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | false | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | false | EndowmentsHeldRelatedOrgInd |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $5,000 | OtherCostOrOtherBasisAmt |
| Depreciation | $5,000 | DepreciationAmt |
| Book Value | $0 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $13,109 | OtherCostOrOtherBasisAmt |
| Depreciation | $13,109 | DepreciationAmt |
| Book Value | $0 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $50,447 | OtherCostOrOtherBasisAmt |
| Depreciation | $46,649 | DepreciationAmt |
| Book Value | $3,798 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $3,798 | TotalBookValueLandBuildingsAmt |
| Total Liability | $0 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $7,016,555 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$700,161 | NetUnrealizedGainsInvstAmt |
| Other Revenue | $194 | OtherRevenueAmt |
| Revenue Not Reported | -$699,967 | RevenueNotReportedAmt |
| Revenue Subtotal | $7,716,522 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $35,144 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | $0 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $35,144 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $7,751,666 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $4,353,824 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $194 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $194 | ExpensesNotReportedAmt |
| Expenses Subtotal | $4,353,630 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $35,144 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $0 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $35,144 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $4,388,774 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule D, Part X, Line 2 FIN 48 (ASC 740) FOOTNOTE | The Alliance is exempt from income taxes under §501(c)(3) of the U.S. Internal Revenue Code and is classified as a public charity under §509(a)(1) and §170(b)(1)(A)(vi). The Alliance has adopted accounting guidance related to accounting for uncertainty in income taxes. This guidance requires the Alliance to recognize a tax benefit only if it is more likely than not the tax position would be sustained in a tax examination, with a tax examination being presumed to occur. The amount recognized is the largest amount of tax benefit that is greater than 50 percent likely of being realized on examination. For tax positions not meeting the more-likely-than-not test, no tax benefit is recorded. The Alliance has examined this issue and has determined there are no material contingent liabilities or questionable tax positions. The Alliance does not expect the total amount of unrecognized tax benefits to significantly change in the next 12 months. The Alliance recognizes interest and/or penalties related to income tax matters in income tax expense. The Alliance did not have any amount accrued for interest and penalties at December 31, 2019 or 2018. |
| Schedule D, Part IV, Line 2b Explanation of escrow agreement | The Volcker Alliance maintains a fiscal sponsorship agreement with the Council on Criminal Justice, Inc. wherein the Alliance receives charitable contributions on behalf of the Council and maintains these funds in a separate account. The Alliance makes grants from these funds to the Council so that the Council may pursue projects that further its charitable mission. The Alliance may also use these funds to pay for the Council's expenses. Any contributions received on behalf of the Council must be reported as contributions to the Alliance as required by law. The Alliance receives a set administrative fee for these contributions. The Council must submit a quarterly reporting of how the funds are received or spent. At the end of the agreement, all remaining funds, less expenses, must be granted to the Council. |
| Schedule D, Part V, Line 4 Intended uses of endowment funds | During 2018, the Alliance was awarded a $1,000,000 grant to establish an endowment for the Paul A. Volcker Lifetime Achievement Award for Public Service to be used to award a deserving, long-time government civil servant at least $10,000 and a medal each year. |
| Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 | Expense credit recorded as revenue - 194 |
| Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 | Expense credit recorded as revenue - 194 |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | Yes (true) | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | false | AnyNonFixedPaymentsInd |
| Initial Contract Exception | Yes (true) | InitialContractExceptionInd |
| Rebuttable Presumption Proc | Yes (true) | RebuttablePresumptionProcInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (5 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Thomas W Ross | ||||||||||||||
| President | $397,218 | $0 | $0 | $0 | $0 | $0 | $9,535 | $0 | $25,499 | $0 | $432,252 | $0 | $0 | $0 |
| Sara Mogulescu | ||||||||||||||
| EXECUTIVE VICE PRESIDENT | $278,337 | $0 | $0 | $0 | $0 | $0 | $12,283 | $0 | $24,931 | $0 | $315,551 | $0 | $0 | $0 |
| William Glasgall | ||||||||||||||
| SENIOR VP AND DIRECTOR, STATE & LOCAL | $220,948 | $0 | $0 | $0 | $0 | $0 | $7,998 | $0 | $28,101 | $0 | $257,047 | $0 | $0 | $0 |
| Gaurav Vasisht | ||||||||||||||
| Senior VP and Director, Financial Regulation | $183,009 | $0 | $0 | $0 | $0 | $0 | $7,000 | $0 | $43,874 | $0 | $233,883 | $0 | $0 | $0 |
| Neilia Stephens | ||||||||||||||
| DIRECTOR OF COMMUNICATIONS | $143,750 | $0 | $0 | $0 | $0 | $0 | $5,140 | $0 | $4,296 | $0 | $153,186 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule J, Part I, Line 4a Severance or change-of-control payment | FORMER CFO, AMY SMITHERMAN, RECEIVED SEVERANCE PAYMENT OF $51,350 IN 2019. |
| Schedule J, Part I, Line 8 Payments on contract that is subject to the initial contract exception | The compensation of the President is paid pursuant to an employment contract that was subject to the initial contract exception described in Regs. Section 53.4958-4(a)(3). |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part VI, Line 15b Process to establish compensation of other officers and key employees: | The compensation of other officers and key employees remained consistent with the prior year, with no salary adjustments. |
| Form 990, Part VI, Line 2 Family/business relationships amongst interested persons | Sheila Bair and William Warren Bradley - Business relationship |
| Form 990, Part VI, Line 11b Review of form 990 by governing body | THE FORM 990 WAS PREPARED BY A NATIONAL ACCOUNTING FIRM IN CONJUNCTION WITH THE ORGANIZATION'S FINANCIAL DEPARTMENT AND ACCOUNTING CONSULTANT. A COPY OF THE DRAFT FORM 990 was reviewed by the audit committee and then FORWARDED TO EACH MEMBER OF THE BOARD OF DIRECTORS FOR DISCUSSION AND COMMENT. EACH DIRECTOR WAS PROVIDED AN OPPORTUNITY TO COMMENT ON THE INFORMATION CONTAINED IN THE 990 PRIOR TO ITS FILING WITH THE INTERNAL REVENUE SERVICE. |
| Form 990, Part VI, Line 12c Conflict of interest policy | THE CONFLICTS OF INTEREST POLICY REQUIRES ALL BOARD OF DIRECTORS MEMBERS, OFFICERS, AND KEY EMPLOYEES TO ANNUALLY DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST WITH THE ORGANIZATION THROUGH A QUESTIONNAIRE. THESE QUESTIONNAIRES ARE MONITORED ANNUALLY AND POTENTIAL CONFLICTS ARE IMMEDIATELY ADDRESSED BY THE ORGANIZATION. THE CURRENT YEAR QUESTIONNAIRES HAVE NOT REVEALED ANY CONFLICTS THAT REQUIRED ACTION BY THE ALLIANCE. IF A CONFLICT DOES ARISE, THE TRUSTEE IS ASKED TO WITHDRAW FROM ANY DISCUSSION OR DECISION-MAKING WITH RESPECT TO THE MATTER IN WHICH THE CONFLICT OF INTEREST ARISES. |
| Form 990, Part VI, Line 15a Process to establish compensation of top management official | The board approves the compensation of the President. Fiscal year 2018 compensation review was conducted in 2019, and fiscal year 2019 review will be conducted in 2020. |
| Form 990, Part VI, Line 19 Required documents available to the public | THE ORGANIZATION'S FINANCIAL STATEMENTS, GOVERNING DOCUMENTS, AND CONFLICT OF INTEREST POLICY ARE NOT ORDINARILY MADE AVAILABLE TO THE PUBLIC, BUT IF REQUESTED, WILL BE PROVIDED AT MANAGEMENT'S DISCRETION. |
| Form 990, Part IX, Line 11g Other Fees | PROGRAM CONSULTANTS - Total Expense: 762607, Program Service Expense: 757158, Management and General Expenses: 5449, Fundraising Expenses: 0; PAYROLL FEES - Total Expense: 34051, Program Service Expense: 20354, Management and General Expenses: 7230, Fundraising Expenses: 6467; OTHER PROFESSIONAL FEES - Total Expense: 4048, Program Service Expense: 4019, Management and General Expenses: 29, Fundraising Expenses: 0; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; |
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