2020-04-02T11:50:46-05:00 2019-12-31 410746749 CLIFTONLARSONALLEN LLP 901 NORTH GLEBE ROAD SUITE 200 ARLINGTON VA 22203 990 2019-01-01 521681375 BOARDSOURCE BOAR 2024526262 750 9TH STREET NW NO 650 WASHINGTON DC 200014590 ANNE WALLESTAD PRESIDENT & CEO 2024526262 2020-03-23 1 YUNG-HEE GALLINARO P00035293 5172279500 67.137.57.251 2020-03-23 16:56:26 ED P 117C9FDD72C608EEAC637569487DFDD6D3A36660 CB6B290C6942481B0FCA2AD70F62C9B967E77707 2019 2020-09-22 18:59:49Z ANNE WALLESTAD 750 9TH STREET NW NO 650 WASHINGTON DC 200014590 5912079 0 X WWW.BOARDSOURCE.ORG X 1990 DC TO INSPIRE AND SUPPORT EXCELLENCE IN NONPROFIT GOVERNANCE AND BOARD AND STAFF LEADERSHIP. 8 8 34 16 0 0 2956421 533082 3878206 3245256 157478 734817 633768 669366 7625873 5182521 6000 0 0 0 2863795 3067736 0 0 350227 3369426 3309087 6239221 6376823 1386652 -1194302 6589957 5453846 2101375 2418692 4488582 3035154 X TO INSPIRE AND SUPPORT EXCELLENCE IN NONPROFIT GOVERNANCE AND BOARD AND STAFF LEADERSHIP. BOARDSOURCE ENVISIONS A WORLD WHERE EVERY SOCIAL SECTOR ORGANIZATION HAS THE LEADERSHIP IT NEEDS TO FULFILL ITS MISSION AND ADVANCE THE PUBLIC GOOD. 0 0 1830061 0 1482447 CONSULTING & ASSESSMENT SERVICES:BOARDSOURCE'S CONSULTING AND ASSESSMENT SERVICES HELP ORGANIZATIONS IDENTIFY CORE ISSUES IN THEIR BOARD PERFORMANCE AND DEVELOPMENT. IN 2019, BOARDSOURCE CONDUCTED APPROXIMATELY 1,000 BOARD AND CHIEF EXECUTIVE ASSESSMENTS AND WORKED WITH OVER100 ORGANIZATIONS ON MORE IN-DEPTH CONSULTING ENGAGEMENTS. 1300298 0 1461981 MEMBERSHIP PROGRAMS:BOARDSOURCE HAS SEVERAL MEMBERSHIP PROGRAMS TO MEET THE NEEDS OF ORGANIZATIONS, NETWORKS, AND INDIVIDUAL LEADERS. BOARDSOURCE'S CORE MEMBERSHIP PROGRAM IS THE BOARD SUPPORT PROGRAM, WHICH PROVIDES ORGANIZATIONS WITH A FUNDAMENTAL SET OF BOARD DEVELOPMENT RESOURCES, INCLUDING AN ANNUAL BOARD SELF-ASSESSMENT AND UNLIMITED ACCESS TO OUR ON-DEMAND CERTIFICATE OF NONPROFIT BOARD EDUCATION AND EMAIL-BASED TECHNICAL ASSISTANCE. 1133780 0 0 SECTOR LEADERSHIP INITIATIVES:BOARDSOURCE'S RESEARCH AND LEADERSHIP CALLS ATTENTION TO THE IMPORTANCE OF STRONG BOARDS, CREATING AWARENESS AND ACTION AROUND CHALLENGES FACING NONPROFIT LEADERS AND IDENTIFYING OPPORTUNITES TO UNLEASH GREATER IMPACT FOR THE SECTOR AS A WHOLE. BOARDSOURCE'S LEADERSHIP ALSO FOCUSES ON IDENTIFYING AND INTREPRETING TRENDS IMPACTING NONPROFIT LEADERSHIP PERFORMANCE AND EFFECTIVENESS AND GENERATING EVIDENCE-BASED RECOMMENDATIONS FOR BOARD PRACTICE. OF PARTICULAR IMPORTANCE IS BOARDSOURCE'S WORK TO UNDERSTAND AND ADDRESS THE LACK OF RACIAL AND ETHNIC DIVERSITY ON NONPROFIT BOARDS, WHICH WE BELIEVE IS ESSENTIAL TO THE SOCIAL SECTOR'S ABILITY TO ADVANCE THE PUBLIC GOOD AND CREATE A MORE JUST AND EQUITABLE SOCIETY. 373296 BOARDSOURCE LEADERSHIP FORUM:BOARDSOURCE'S CONFERENCE, THE BOARDSOURCE LEADERSHIP FORUM, CONVENES NONPROFIT BOARD MEMBERS, CHIEF EXECUTIVES, AND OTHERS TO BUILD POSITIVE MOMENTUM AND LEARNING FOCUSED ON STRENGTHENING NONPROFIT LEADERSHIP AT THE HIGHEST LEVEL - THE BOARD OF DIRECTORS. 2019 WAS A PLANNING YEAR FOR THE CONFERENCE, WHICH WILL TAKE PLACE IN MAY, 2020. 233054 0 300828 PUBLIC EDUCATION PROGRAMS:BOARDSOURCE'S EDUCATIONAL PROGRAMS PROVIDE FOCUSED SUPPORT TO BOARD MEMBERS, NONPROFIT EXECUTIVES, GOVERNANCE CONSULTANTS AND OTHERS LOOKING TO CULTIVATE KNOWLEDGE AND UNDERSTANDING OF STRONG BOARD LEADERSHIP PRACTICES. OFFERINGS INCLUDE REMOTE-ACCESS TRAINING PROGRAMS AND ROLE-BASED TRAINING PROGRAMS FOR EXECUTIVES, BOARD MEMBERS AND CONSULTANTS. BOARDSOURCE'S TRAINING PROGRAMS REACHED MORE THAN 2,800 NONPROFIT LEADERS IN 2019. 269643 0 316391 WRITTEN RESOURCES:BOARDSOURCE'S LIBRARY OF NONPROFIT BOARD LEADERSHIP RESOURCES INCLUDES MORE THAN 400 PUBLICATIONS AND TOOLS ON A BROAD RANGE OF TOPICS RELEVANT TO NONPROFIT EXECUTIVES, BOARD LEADERS, AND PRACTITIONERS. IN 2019 ALONE, MORE THAN 200,000 WRITTEN RESOURCES WERE ACCESSED BY NONPROFIT LEADERS FROM ACROSS THE COUNTRY AND AROUND THE GLOBE. 875993 0 617219 5140132 1 1 0 1 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 39 0 34 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AL AK AZ AR CA CO CT FL GA HI IL KS KY LA ME MD MA MI MN MS MO NH NJ NM NY NC ND OH OK OR PA RI SC TN UT VA WA WV WI X JOAN PAYNE 2023492500 750 9TH STREET NW 650 WASHINGTON DC 20001 CATHY TROWER BOARD CHAIR 6.00 X X 0 0 0 YANELA FRIAS VICE CHAIR 4.00 X X 0 0 0 JULIA WILSON SECRETARY 3.00 X X 0 0 0 KEITH LIEDERMAN TREASURER 4.00 X X 0 0 0 SHARON ROSSMARK TREASURER UNTIL 9/2019 3.00 X X 0 0 0 CAROL GOSS DIRECTOR 3.00 X 0 0 0 JUDY VREDENBURGH DIRECTOR 2.00 X 0 0 0 KEVIN WALKER DIRECTOR 3.00 X 0 0 0 RICK MOYERS DIRECTOR 3.00 X 0 0 0 SYLVIA YEE DIRECTOR UNTIL 12/2019 3.00 X 0 0 0 ANNE WALLESTAD PRESIDENT & CEO 40.00 X 273586 0 73092 JOAN PAYNE VP OF FINANCE 40.00 X 119053 0 22875 JENIFER HOLLAND ASSOCIATE VP, CONSULTING & 40.00 X 124599 0 21368 JAMES TAYLOR VP OF SECTOR LEADERSHIP INITIATIVES AND EDUCATION 40.00 X 144121 0 21690 ANDREW DAVIS DIRECTOR OF EDUCATION 40.00 X 103667 0 11362 MARCI SUNDERLAND VP OF HUMAN CAPITAL UNTIL 6/2019 40.00 X 162571 0 11782 ANNE MEAD DIRECTOR OF COMM UNTIL 12/2019 40.00 X 107161 0 18594 1034758 0 180763 7 1 1 0 SUSAN MEIER 648 W ALDINE AVE 3 CHICAGO IL 60657 GOVERNANCE CONSULTING 125400 1 533082 533082 MEMBERSHIP DUES 900099 1461981 1461981 CONSULTING 900099 898079 898079 ASSESSMENTS 900099 584368 584368 TRAINING FEES 900099 300828 300828 3245256 81975 81975 54697 54697 296045 0 296045 296045 296045 1320000 667158 652842 652842 652842 378791 62400 316391 316391 2233 2233 2233 5182521 3561647 0 1087792 444608 241492 154875 48241 2153211 1721951 312115 119145 63292 51718 8371 3203 210913 171665 26939 12309 195712 149237 34274 12201 493183 493183 5987 4445 1183 359 90945 67529 17965 5451 555842 480375 25507 49960 162108 132951 22370 6787 134202 107919 17707 8576 37117 27560 7332 2225 12347 12347 925228 687006 182768 55454 281552 274093 4357 3102 67290 63162 1940 2188 1190 884 235 71 267849 198885 52910 16054 42517 32266 7865 2386 LICENSES/PERMITS 118459 113084 4124 1251 BANK FEES 68923 66110 2159 654 SHIPPING/POSTAGE/PRINTI 41379 39760 1116 503 STAFF RECRUITMENT 2969 2510 352 107 6376823 5140132 886464 350227 174 330 917847 301193 1240000 460500 166376 204823 125974 134264 204145 176697 2464945 1646259 1002927 818686 2932514 3357353 6589957 5453846 193536 337798 1021178 1406299 886661 674595 2101375 2418692 X 2280747 1676685 2207835 1358469 4488582 3035154 6589957 5453846 -1194302 -259126 0 X 0 1 X 1 0 X 1953740 1562662 1415071 2956421 533082 8420976 4546292 3657712 5036885 4266656 3624047 21131592 6500032 5220374 6451956 7223077 4157129 29552568 759750 822875 625000 850000 3057625 16628 384944 108156 58842 568570 759750 839503 1009944 958156 58842 3626195 25926373 196190 284014 424324 459544 432717 1796789 196190 284014 424324 459544 432717 1796789 143 143 20543 50042 9242 3966 2233 86026 6716765 5554430 6885665 7686587 4592079 31435526 0.82470 0.82550 0.05720 0.04690 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4911 4911 6345842 6350753 467538 116885 0 0 423452 467688 461961 6345842 7698943 11548415 367 4527 6440 4911 16245 105863 116922 115490 116885 455160 682740 367 4527 4141 4911 13946 298280 31918 330198 309515 -11235 298280 325011 25411 40907 309515 298130 26881 325011 316223 -1750 16343 298130 0.08810 0.64020 0.27170 0 0 511008 374301 136707 806983 806983 0 639299 274517 364782 507655 190458 317197 818686 DEFFERED CONSTRUCTION ALLOWANCE 291731 DEFFERED RENT 382864 674595 X 5065321 -259126 79526 -179600 5244921 -62400 -62400 5182521 6518749 79526 62400 141926 6376823 0 6376823 PART V, LINE 4: THE JUDITH O'CONNOR MEMORIAL FUND: AN ENDOWMENT THAT GENERATES EARNINGS TO SUPPORT A LECTURESHIP WHICH WILL HONOR OUTSTANDING LEADERS AND THINKERS IN THE NONPROFIT SECTOR FOR THEIR ACHIEVEMENTS IN NONPROFIT LEADERSHIP OR THEIR CONTRIBUTION TO THE FIELD OF NONPROFIT GOVERNANCE, AND SCHOLARSHIPS TO ATTEND THE BOARDSOURCE LEADERSHIP FORUM. PART X, LINE 2: BOARDSOURCE IS EXEMPT FROM FEDERAL TAXES ON INCOME OTHER THAN NET UNRELATED BUSINESS INCOME UNDER INTERNAL REVENUE CODE SECTION 501(C)(3). THE INTERNAL REVENUE SERVICE HAS DETERMINED THAT BOARDSOURCE IS A PUBLICLY SUPPORTED ORGANIZATION. BOARDSOURCE'S INCOME TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AND STATE AUTHORITIES. BOARDSOURCE IS NOT AWARE OF ANY ACTIVITIES THAT WOULD JEOPARDIZE ITS TAX-EXEMPT STATUS. PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD -62,400. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 62,400. X X X 1 SPARK POINT FUNDRAISING LLC 1 THOMAS CIRCLE STE 700 WASHINGTON DC 20005 GRANT WRITING SERVICES 0 5000 15500 -15500 ORR GROUP 3000 K STREET NW STE 280 WASHINGTON DC 20007 SPONSORSHIP OUTREACH SERVICES 0 0 55250 -55250 5000 70750 -70750 AL AK AZ AR CA CO CT FL GA HI IL KS KY LA ME MD MA MI MN MS MO NH NJ NM NY NC ND OH OK OR PA RI SC TN UT VA WA WV WI X X X X X X 1 0 0 0 0 0 0 0 0 ANNE WALLESTAD PRESIDENT & CEO 253586 0 20000 0 0 0 54891 0 18201 0 346678 0 0 0 JAMES TAYLOR VP OF SECTOR LEADERSHIP INITIATIVES 144121 0 0 0 0 0 2533 0 19157 0 165811 0 0 0 MARCI SUNDERLAND VP OF HUMAN CAPITAL UNTIL 6/2019 162571 0 0 0 0 0 3066 0 8716 0 174353 0 0 0 ANNE MEAD DIRECTOR OF COMM UNTIL 12/2019 107161 0 0 0 0 0 4289 0 14305 0 125755 0 0 0 PART I, LINE 4A MARCI SUNDERLAND RECEIVED SEVERANCE OF $86,190 UNDER THE TERMS OF A RELEASE AGREEMENT. FORM 990, PART VI, SECTION B, LINE 11B THE DRAFT 990 IS REVIEWED BY THE ENTIRE BOARD OF DIRECTORS BEFORE IT IS SIGNED AND FILED. FORM 990, PART VI, SECTION B, LINE 12C THE AUDIT COMMITTEE REVIEWS THESE STATEMENTS ANNUALLY AND REPORTS TO THE FULL BOARD OF DIRECTORS. IF A CONFLICT IS DISCLOSED, THE COMMITTEE REFERS THE MATTER TO THE BOARD OF DIRECTORS FOR ANY REQUIRED BOARD ACTION. FORM 990, PART VI, SECTION B, LINE 15 PRIOR TO DETERMINING A COMPENSATION INCREASE FOR THE PRESIDENT & CEO, A COMPENSATION ANALYSIS IS COMPLETED. IN 2019, THIS ANALYSIS WAS COMPILED BY THE VICE PRESIDENT OF HUMAN CAPITAL AND OPERATIONS USING COMPARABLE SALARY DATA FROM THREE OR MORE NONPROFIT SALARY SURVEYS. ADDITIONALLY, COMPARABLE ORGANIZATION SALARY AND BENEFIT INFORMATION IS COMPILED FROM THE FEDERAL FORM 990 OF SIMILAR ORGANIZATIONS TO USE AS A REFERENCE. THE COMPENSATION ANALYSIS IS PROVIDED TO THE BOARD CHAIR, AS WELL AS THE COMPENSATION AND EVALUATION COMMITTEE. THEY PROVIDE ANY RECOMMENDATIONS TO THE FULL BOARD ON A SALARY INCREASE FOR THE PRESIDENT & CEO. THIS IS TYPICALLY COMPLETED DURING THE EXECUTIVE SESSION OF A BOARD MEETING OR THROUGH CONFIDENTIAL EMAIL. ANY INCREASE IN COMPENSATION FOR THIS POSITION REQUIRES APPROVAL OF THE BOARD. IN 2019, THE CHAIR OF THE CEO EVALUATION AND COMPENSATION COMMITTEE WAS RESPONSIBLE FOR PROVIDING WRITTEN DOCUMENTATION TO THE VICE PRESIDENT OF HUMAN CAPITAL AND OPERATIONS ON THE NEWLY APPROVED SALARY AND EFFECTIVE DATE PRIOR TO DETERMINING A COMPENSATION INCREASE FOR THE OFFICERS & KEY EMPLOYEES, A COMPENSATION ANALYSIS IS COMPLETED. IN PREVIOUS YEARS, THIS ANALYSIS WAS COMPILED BY THE VICE PRESIDENT OF HUMAN CAPITAL AND OPERATIONS USING COMPARABLE SALARY DATA FROM THREE OR MORE NONPROFIT SALARY SURVEYS AS WELL AS COMPARABLE ORGANIZATION SALARY INFORMATION COMPILED FROM THE FEDERAL FORM 990 OF SIMILAR ORGANIZATIONS TO USE AS A REFERENCE. THE COMPENSATION ANALYSIS IS PROVIDED TO THE PRESIDENT & CEO. BASED ON THE PERFORMANCE EVALUATION OF THESE INDIVIDUALS, THE PRESIDENT & CEO PROVIDES A MEMO TO THE BOARD OF DIRECTORS REOUESTING A COMPENSATION ADJUSTMENT ALONG WITH THE COMPENSATION ANALYSIS AND A PROPOSED BOARD OF DIRECTORS RESOLUTION AUTHORIZING A SALARY INCREASE. THIS IS TYPICALLY COMPLETED DURING THE EXECUTIVE SESSION OF A BOARD MEETING OR THROUGH CONFIDENTIAL E-MAIL. ANY INCREASES IN COMPENSATION FOR OFFICERS & KEY EMPLOYEES REQUIRES APPROVAL OF THE BOARD. THE CHAIR OF THE BOARD OF DIRECTORS THEN PROVIDES WRITTEN APPROVAL TO THE VICE PRESIDENT OF HUMAN CAPITAL AND OPERATIONS ON THE NEWLY APPROVED SALARIES AND EFFECTIVE DATE. ALTHOUGH MS. PAYNE IS TREATED AS AN OFFICER FOR PURPOSES OF THE 990 AS THE TOP FINANCIAL OFFICIAL, SHE IS NOT A LEGAL OFFICER OF THE CORPORATION AND THEREFORE HER COMPENSATION IS NOT SUBJECT TO THE POLICY LISTED ABOVE. THE LAST TIME THAT BOARDSOURCE HAD EMPLOYEES OTHER THAN THE CEO WHO WERE CLASSIFIED AS OFFICERS OR KEY EMPLOYEES AND WHO RECEIVED A COMPENSATION ADJUSTMENT WAS IN 2012, AT WHICH POINT THIS PROCESS FOR BOARD REVIEW OF COMPENSATION WAS UTILIZED. FORM 990, PART VI, SECTION C, LINE 19 PAST 5 YEARS AUDITS ARE AVAILABLE ON OUR WEBSITE. THE CONFLICT OF INTEREST POLICY AND GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST.