2019-04-15T10:20:39-05:00 2018-12-31 410746749 CLIFTONLARSONALLEN LLP 901 NORTH GLEBE ROAD SUITE 200 ARLINGTON VA 22203 990 2018-01-01 521681375 BOARDSOURCE BOAR 2024526262 750 9TH STREET NW NO 650 WASHINGTON DC 200014590 ANNE WALLESTAD PRESIDENT & CEO 2024526262 2019-04-03 1 HEMALI PATEL P01337292 5172279500 67.137.57.251 2019-04-03 17:45:22 ED P 1938324BD4D887D076751857843371B82258E98C A31B8943A14933A3BF1B290C164803F9A7DCE6A3 2018 2019-02-21 02:37:17Z ANNE WALLESTAD 750 9TH STREET NW NO 650 WASHINGTON DC 200014590 7776844 0 X WWW.BOARDSOURCE.ORG X 1990 DC TO INSPIRE AND SUPPORT EXCELLENCE IN NONPROFIT GOVERNANCE AND BOARD AND STAFF LEADERSHIP. 10 10 37 21 0 29593 1415071 2956421 4644618 3878206 121073 157478 600885 633768 6781647 7625873 0 6000 0 0 2802881 2863795 0 0 348394 3628456 3369426 6431337 6239221 350310 1386652 5737688 6589957 2321563 2101375 3416125 4488582 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 2089748 1932484 CONSULTING & ASSESSMENT SERVICES:BOARDSOURCE'S CONSULTING AND ASSESSMENT SERVICES HELP ORGANIZATIONS IDENTIFY CORE ISSUES IN THEIR BOARD PERFORMANCE AND DEVELOPMENT. IN 2018, BOARDSOURCE CONDUCTED OVER 1,000 BOARD AND CHIEF EXECUTIVE ASSESSMENTS AND WORKED WITH OVER 90 ORGANIZATIONS ON MORE IN-DEPTH CONSULTING ENGAGEMENTS. 1323782 0 1587929 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. 1052695 6000 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. 393824 357793 PUBLIC TRAINING PROGRAM:BOARDSOURCE'S TRAINING PROGRAMS PROVIDE FOCUSED SUPPORT TO BOARD MEMBERS, NONPROFIT EXECUTIVES, GOVERNANCE CONSULTANTS AND OTHERS LOOKING TO CULTIVATE KNOWLEDGE AND UNDERSTANDING OF STRONG BOARD LEADERSHIP PRACTICES. TRAINING PROGRAMS INCLUDE REMOTE-ACCESS TRAINING PROGRAMS AND ROLE-BASED TRAINING PROGRAMS FOR EXECUTIVES, BOARD MEMBERS AND CONSULTANTS. BOARDSOURCE'S TRAINING PROGRAMS REACHED MORE THAN 400 NONPROFIT LEADERS IN 2018. 319361 327736 PUBLICATIONS: BOARDSOURCE'S LIBRARY OF NONPROFIT GOVERNANCE RESOURCES INCLUDES MORE THAN 400 PUBLICATIONS AND TOOLS ON A BROAD RANGE OF TOPICS RELEVANT TO NONPROFIT EXECUTIVES, BOARD LEADERS, AND PRACTITIONERS. IN 2018 ALONE, MORE THAN 360,000 WRITTEN RESOURCES WERE ACCESSED BY NONPROFIT LEADERS FROM ACROSS THE COUNTRY AND AROUND THE GLOBE. 54679 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. 2018 WAS A PLANNING YEAR FOR THE CONFERENCE, WHICH WILL TAKE PLACE IN MAY, 2020. 767864 685529 5234089 1 1 0 1 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 41 0 37 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 10 10 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 CHAIR 4.00 X X 0 0 0 JULIA WILSON SECRETARY 3.00 X X 0 0 0 SHARON ROSSMARK TREASURER 4.00 X X 0 0 0 YANELA FRIAS VICE CHAIR 4.00 X X 0 0 0 CAROL GOSS DIRECTOR 3.00 X 0 0 0 JOHN GRISWOLD DIRECTOR (SERVICE ENDED DEC 2018) 3.00 X 0 0 0 JUDY VREDENBURGH DIRECTOR 2.00 X 0 0 0 KEITH LIEDERMAN DIRECTOR 3.00 X 0 0 0 KEVIN WALKER DIRECTOR 3.00 X 0 0 0 MARK SHAMLEY DIRECTOR (SERVICE ENDED MAR 2018) 2.00 X 0 0 0 RICK MOYERS DIRECTOR 5.00 X 0 0 0 SYLVIA YEE DIRECTOR 3.00 X 0 0 0 ANNE WALLESTAD PRESIDENT & CEO 40.00 X 257725 0 27963 JOAN PAYNE VP OF FINANCE 40.00 X 129044 0 27391 MARCI SUNDERLAND VP OF HUMAN CAPITAL & OPERATIONS 40.00 X 150785 0 20922 ERIN BERRY VP OF MARKETING & TECHNOLOGY 40.00 X 131971 0 21088 JENIFER HOLLAND ASSOCIATE VP, CONSULTING & LEARNING PRACTICE 40.00 X 120530 0 21626 ANNE MEAD DIRECTOR OF COMMUNICATIONS 40.00 X 100916 0 17681 890971 0 136671 6 0 1 0 SOCIAL LEGENDS 601 W FRY RD GOSPORT IN 47433 GOVERNANCE CONSULTING 164812 ANN COHEN & ASSOCIATES 8225 BUCKSPARK LANE POTOMAC MD 20854 GOVERNANCE CONSULTING 139428 SUSAN MEIER 648 W ALDINE AVE 3 CHICAGO IL 60657 GOVERNANCE CONSULTING 136594 SUSAN DECKER 5117 N CREAL ST TERRE HAUTE IN 47805 GOVERNANCE CONSULTING 132913 4 2956421 2956421 MEMBERSHIP DUES 900099 1587929 1587929 CONSULTING 900099 1241715 1241715 ASSESSMENTS 900099 690769 690769 TRAINING FEES 900099 357793 357793 3878206 67735 67735 40111 40111 261955 0 261955 261955 261955 180000 90257 89743 89743 89743 388450 60714 327736 327736 3966 3966 3966 7625873 4205942 0 463510 6000 6000 442123 266639 124809 50675 2016588 1690903 198929 126756 64464 49959 10034 4471 165056 127918 25691 11447 175564 136061 27327 12176 717108 717108 5675 5094 402 179 29064 22524 4524 2016 486958 458033 20010 8915 94495 80461 9708 4326 262597 227124 20939 14534 68874 53377 10720 4777 17444 17064 380 919123 712317 143063 63743 237775 217902 2766 17107 88122 82497 3453 2172 263763 204416 41055 18292 40058 31045 6235 2778 LICENSES/PERMITS 118771 109945 6106 2720 STAFF RECRUITMENT 19599 17702 587 1310 6239221 5234089 656738 348394 167 174 753690 917847 115000 1240000 383356 166376 84235 125974 198038 204145 2381337 1378410 1110577 1002927 3092625 2932514 5737688 6589957 275241 193536 969718 1021178 1076604 886661 2321563 2101375 X 2479192 2280747 725533 1996435 211400 211400 3416125 4488582 5737688 6589957 1386652 -314195 0 X 0 1 X 1 0 X 2167243 1953740 1562662 1415071 2956421 10055137 3272749 4546292 3657712 5036885 4266656 20780294 5439992 6500032 5220374 6451956 7223077 30835431 450000 759750 822875 625000 850000 3507625 31087 16628 384944 108156 540815 481087 759750 839503 1009944 958156 4048440 26786991 157528 196190 284014 424324 459544 1521600 157528 196190 284014 424324 459544 1521600 143 143 10164 20543 50042 9242 3966 93957 5607684 6716765 5554430 6885665 7686587 32451131 0.82550 0.84540 0.04690 0.03730 X 4141 2299 6440 6232781 6239221 461961 115490 0 0 442366 423452 467688 461961 1795467 2693201 279 367 4527 6440 11613 110592 105863 116922 115490 448867 673301 367 4527 4141 9035 309515 -11235 0 298280 325011 25411 40907 309515 298130 26881 325011 316223 -1750 16343 298130 319166 18139 21082 316223 0.09750 0.19380 0.70870 0 0 511008 323035 187973 806983 806983 0 555691 176442 379249 507655 71950 435705 1002927 DEFFERED CONSTRUCTION ALLOWANCE 401130 DEFFERED RENT 485531 886661 X 7438949 -314195 66557 -247638 7686587 -60714 -60714 7625873 6366492 66557 60714 127271 6239221 0 6239221 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: COGS -60,714. PART XII, LINE 2D - OTHER ADJUSTMENTS: COGS 60,714. X X X X X 0 0 0 0 0 0 0 0 0 ANNE WALLESTAD PRESIDENT & CEO 240800 0 16925 0 0 0 10648 0 17315 0 285688 0 0 0 JOAN PAYNE VP OF FINANCE 129044 0 0 0 0 0 5480 0 21911 0 156435 0 0 0 MARCI SUNDERLAND VP OF HUMAN CAPITAL & OPERATIONS 150785 0 0 0 0 0 6304 0 14618 0 171707 0 0 0 ERIN BERRY VP OF MARKETING & TECHNOLOGY 131971 0 0 0 0 0 5552 0 15536 0 153059 0 0 0 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. THIS ANALYSIS IS GENERALLY COMPILED BY THE VICE PRESIDENT OF HUMAN CAPITAL AND OPERATIONS (OR AN INDEPENDENT COMPENSATION CONSULTANT) 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. THE CHAIR OF THE CEO EVALUATION AND COMPENSATION COMMITTEE IS RESPONSIBLE FOR PROVIDING WRITTEN DOUCMENTATION TO THE VICE PRESIDENT OF HUMAN CAPITAL AND OPERATIONS ON THE NEWLY APPROVED SALARY AND EFFECTIVE DATE. LAST REVIEWED IN 2018. PRIOR TO DETERMINING A COMPENSATION INCREASE FOR THE OFFICERS & KEY EMPLOYEES, A COMPENSATION ANALYSIS IS COMPLETED. THIS ANALYSIS IS GENERALLY 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.