2016-04-09T14:37:42-05:00 2015-12-31 410746749 CLIFTONLARSONALLEN LLP 11710 BELTSVILLE DRIVE SUITE 300 CALVERTON MD 20705 990 2015-01-01 521681375 BOARDSOURCE BOAR 2024526262 750 9TH STREET NW NO 650 WASHINGTON DC 200014590 ANNE WALLESTAD PRESIDENT & CEO 2024526262 2016-03-29 1 DAVID TRIMNER P00444822 3019312050 2015 2016-09-27 15:27:22Z ANNE WALLESTAD 750 9TH STREET NW NO 650 WASHINGTON DC 200014590 6720805 0 X WWW.BOARDSOURCE.ORG X 1990 DC TO INSPIRE AND SUPPORT EXCELLENCE IN NONPROFIT GOVERNANCE AND BOARD AND STAFF LEADERSHIP. 11 11 37 12 4040 -1192 2167243 1953740 2346538 3736614 81359 45626 921431 812198 5516571 6548178 21000 21000 0 0 2285487 2530265 0 0 455586 3244003 3296593 5550490 5847858 -33919 700320 4532115 5023994 2601594 2458853 1930521 2565141 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 1934844 2070883 CONSULTING & ASSESSMENT SERVICESBOARDSOURCE'S CONSULTING AND ASSESSMENT SERVICES HELP ORGANIZATIONS IDENTIFY CORE ISSUES IN THEIR BOARD PERFORMANCE AND DEVELOPMENT. IN 2015, BOARDSOURCE CONDUCTED OVER 600 BOARD AND CHIEF EXECUTIVE ASSESSMENTS AND WORKED WITH OVER 180 ORGANIZATIONS ON MORE IN-DEPTH CONSULTING ENGAGEMENTS. 867869 21000 392360 BOARDSOURCE LEADERSHIP FORUMTHE 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. THE 2015 BOARDSOURCE LEADERSHIP FORUM INCLUDED MORE THAN 900 NONPROFIT LEADERS FROM ACROSS THE COUNTRY AND AROUND THE GLOBE. 690352 1004586 MEMBERSHIP PROGRAMBOARDSOURCE'S MEMBERSHIP PROGRAM INTEGRATES ITS EDUCATIONAL RESOURCES AND BOARD SELF-ASSESSMENT INTO A YEAR-ROUND BOARD SUPPORT PROGRAM. BOARDSOURCE'S MEMBERSHIP PROGRAM, INCLUDING OUR NON-PAID COMMUNITY, CURRENTLY INCLUDES NEARLY 115,000 INDIVIDUAL LEADERS FROM NONPROFIT ORGANIZATIONS ACROSS THE COUNTRY. 577590 SECTOR LEADERSHIP INITIATIVESBOARDSOURCE CONDUCTS RESEARCH ON GOVERNANCE PRACTICES AND TRENDS, AND LEADS EDUCATIONAL AND AWARENESS-BUILDING EFFORTS TO STRENGTHEN NONPROFIT BOARD LEADERSHIP ACROSS THE NONPROFIT SECTOR. 396787 268785 PUBLIC TRAINING PROGRAMSBOARDSOURCE'S TRAINING PROGRAMS FOCUS ON ESSENTIAL GOVERNANCE TRAINING FOR BOARD AND STAFF LEADERS, INCLUDING PROGRAMS THAT PROVIDE THE CERTIFICATE OF NONPROFIT BOARD EDUCATION, THE LEADERSHIP CERTIFICATE FOR BOARD CHAIRS, AND THE LEADERSHIP CERTIFICATE FOR CHIEF EXECUTIVES. BOARDSOURCE'S TRAINING PROGRAM REACHED MORE THAN 1,500 NONPROFIT LEADERS IN 2015. 392496 638234 PUBLICATIONS & RESEARCHBOARDSOURCE'S LIBRARY OF NONPROFIT GOVERNANCE RESOURCES INCLUDES MORE THAN 330 PUBLICATIONS AND TOOLS ON A BROAD RANGE OF TOPICS RELEVANT TO NONPROFIT CEOS, BOARD LEADERS, AND PRACTITIONERS. IN 2015 ALONE, 87,000 PUBLICATION RESOURCES WERE ACCESSED BY NONPROFIT LEADERS FROM ACROSS THE COUNTRY. 1366873 907019 4859938 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 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 48 0 37 1 1 1 0 0 0 0 0 0 0 0 0 X 11 11 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 DC X JOAN PAYNE 2023492500 750 9TH STREET NW 650 WASHINGTON DC DC 20001 JOHN GRISWOLD CHAIR 12.00 X X 0 0 0 PHILLIP HENDERSON FORMER VICE CHAIR DIRECTOR 6.00 X X 0 0 0 KIMBERLY ROBERSON FORMER SECRETARY DIRECTOR 3.00 X X 0 0 0 SHARON ROSSMARK TREASURER 4.00 X X 0 0 0 MARK SHAMLEY DIRECTOR 3.00 X 0 0 0 ANNE COHN DONNELLY DIRECTOR 3.00 X 0 0 0 CAROL GOSS DIRECTOR 3.00 X 0 0 0 DAVID MCGINTY DIRECTOR 6.00 X 0 0 0 RICK MOYERS VICE CHAIR 3.00 X X 0 0 0 CATHY TROWER SECRETARY 4.00 X X 0 0 0 SYLVIA YEE DIRECTOR 3.00 X 0 0 0 ANGELA WILLIAMS-UNTIL 9815 DIRECTOR 1.00 X 0 0 0 ANNE WALLESTAD PRESIDENT & CEO 40.00 X 206651 0 17081 JOAN PAYNE SENIOR DIRECTOR OF FINANCE 40.00 X 93351 0 30155 MARCI SUNDERLAND VP HUMAN CAPITAL & OPERATIONS 40.00 X 132756 0 15009 VERNETTA WALKER VP PROGRAMS & CHIEF GOVERNANCE OFFICER 40.00 X 131196 0 25233 ERIN BERRY VP MARKETING & COMMUNICATIONS 40.00 X 119110 0 13583 683064 0 101061 4 0 1 0 SUSAN MEIER 8 MELVIN STREET 4029 GAITHERSBURG MD 20877 CONSULTING AND TRAINING 158375 OFFICE IT SOLUTIONS 3509 CONNECTICUT AVENUE NW WASHINGTON DC 20008 IT EQUIPMENT & TECHNOLOGY SERVICES 141609 ANN COHEN & ASSOCIATES 8225 BUCKSPARK LANE POTOMAC MD 20854 CONSULTING AND TRAINING 128258 3 1953740 1953740 CONSULTING/TRAINING 900099 1557504 1557504 MEMBERSHIP DUES 900099 1004586 1004586 ASSESSMENTS 900099 513379 513379 LEADERSHIP FORUM 900099 392360 392360 TRAINING FEES 900099 268785 268785 3736614 45626 45626 20064 20064 130500 0 130500 130500 130500 813718 172627 641091 638234 2857 SALE OF MERCHANDISE 900099 1183 1183 19360 19360 20543 6548178 4374848 4040 215550 21000 21000 347615 196218 77989 73408 1761146 1440587 197771 122788 54443 42466 6914 5063 151327 123036 12013 16278 215734 168273 27398 20063 671306 671306 11541 10796 430 315 27159 21184 3449 2526 326859 282381 24316 20162 180939 171724 5320 3895 235238 203128 17128 14982 80147 62515 10179 7453 13427 13427 905650 706407 115018 84225 174020 152626 3922 17472 190519 186768 1242 2509 2183 1703 277 203 171205 133540 21743 15922 37840 29927 4568 3345 CLIENT REIMBURSED EXPEN 91525 91525 POSTAGE/SHIPPING/PRINTI 63844 62848 214 782 STAFF RECRUITMENT 60873 16589 1084 43200 LICENSES/PERMITS 52318 49964 1359 995 5847858 4859938 532334 455586 1234 275 163867 510101 242700 366475 167815 326577 228273 151794 140315 155868 2575967 1477190 1153364 1098777 2434547 2414127 4532115 5023994 185184 227842 921832 848600 1494578 1382411 2601594 2458853 X 1203292 1387434 515829 966307 211400 211400 1930521 2565141 4532115 5023994 700320 -65700 0 X 0 1 X 1 0 X 2283208 2414517 2317697 2167243 1953740 11136405 3842333 3664723 3234539 3272749 4546292 18560636 6125541 6079240 5552236 5439992 6500032 29697041 880000 826000 351500 450000 759750 3267250 530248 171106 14716 31087 747157 1410248 997106 366216 481087 759750 4014407 25682634 89069 49070 72576 157528 196190 564433 89069 49070 72576 157528 196190 564433 5217 21425 10164 20543 57349 6219827 6128310 5646237 5607684 6716765 30318823 0.84710 0.83830 0.01860 0.02730 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 279 279 5847036 5847315 442366 110592 0 0 442366 442366 663549 279 279 110592 110592 165888 316223 -1750 16343 298130 319166 18139 21082 316223 294503 41283 16620 319166 293371 26809 25677 294503 306545 7422 20596 293371 0.09800 0.70900 0.19300 0 0 1220933 541273 679660 460217 175706 284511 894817 760211 134606 1098777 DEFFERED CONSTRUCTION ALLOWANCE 729326 DEFFERED RENT 653085 1382411 X 6658271 -65700 3166 172627 110093 6548178 0 6548178 6023651 3166 172627 175793 5847858 0 5847858 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). FOR THE YEARS ENDED DECEMBER 31 2015 AND 2014, NO PROVISION FOR INCOME TAXES WAS REQUIRED AS BOARDSOURCE HAD NO NET UNRELATED BUSINESS INCOME. BOARDSOURCE HAS EVALUATED ITS TAX POSITIONS FOR THE YEARS ENDED DECEMBER 31, 2015 AND 2014, AND DETERMINED THAT NO UNCERTAIN TAX POSITIONS EXIST. PART XI, LINE 2D - OTHER ADJUSTMENTS: COGS 172,627. PART XII, LINE 2D - OTHER ADJUSTMENTS: COGS 172,627. 1 LEGACY FOUNDATION 1000 E 80TH PLACE STE 402 NORTH MERRILLVILLE IN 46410 351872803 501C3 15000 AWARDED FOR EXEMPLIFYING EXCEPTIONAL GOVERNANCE AND DESIGNING CHANGE FOR THEIR ORGANIZATIONS. 1 0 PART I, LINE 2: BOARDSOURCE MAKES AWARDS TO ORGANIZATIONS AS PART OF AN AWARDS PROGRAM. THE ORGANIZATIONS THAT RECEIVED AWARDS IN 2015 WERE RECOGNIZED FOR THEIR NOTABLE ACHIEVEMENTS IN STRONG AND EFFECTIVE GOVERNANCE. THE AWARDS WERE NOT RESTRICTED FOR A SPECIFIC PURPOSE OF USE BY THE RECIPIENT. X X X X 0 0 0 0 0 0 0 0 0 ANNE WALLESTAD PRESIDENT & CEO 206651 0 0 0 0 0 7581 0 9500 0 223732 0 0 0 VERNETTA WALKER VP PROGRAMS & CHIEF GOVERNANCE OFFIC 131196 0 0 0 0 0 5595 0 19638 0 156429 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 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 BOARD OF DIRECTORS THEN PROVIDES WRITTEN APPROVAL TO THE VICE PRESIDENT OF HUMAN CAPITAL AND OPERATIONS ON THE NEWLY APPROVED SALARY AND EFFECTIVE DATE. LAST REVIEWED IN 2015. 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 REQUESTING A COMPENSATION ADJUSTMENT ALONG WITH THE COMPENSATION ANALYSIS AND A PROPOSED BOARD OF DIRECTOR'S 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 BOARDSOURCE'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. THE FINANCIAL STATEMENTS ARE ALSO AVAILABLE ON THE BOARDSOURCE WEBSITE.