SHARED INTEREST INC: Form 990, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- SHARED INTEREST INC (EIN 13-3836581)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-11-20
- IRS object ID
- 202513249349301711
- Schema version
- 2024v5.2
- 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-11-20T19:04:41-06:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 270162544 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | INDINERO | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 440 N BARRANCA AVE 4637 | AddressLine1Txt |
| City | COVINA | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 91723 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 133836581 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SHARED INTEREST INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | SHAR | BusinessNameControlTxt |
| Phone | 6096380398 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1412 BROADWAY 21ST FLOOR MA 126 | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10018 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | AMYE JAMESON | PersonNm |
| Person Title | SENIOR DIRECTOR OF OPERATIONS | PersonTitleTxt |
| Phone | 6096380398 | PhoneNum |
| Signature | 2025-11-20 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | TERRI REGAN CPA | PreparerPersonNm |
| PTIN | P00449706 | PTIN |
| Phone | 8554634637 | PhoneNum |
| Preparation | 2025-11-20 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | AMYE JAMESON | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1412 BROADWAY 21ST FLOOR MA 126 | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10018 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $7,710,376 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.SHAREDINTEREST.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1995 | FormationYr |
| Legal Domicile State | DE | LegalDomicileStateCd |
| Activity Or Mission | TO PROMOTE THE EQUITABLE DEVELOPMENT OF POST-APARTHEID SOUTH AFRICA AND NEIGHBORING COUNTRIES BY GUARANTEEING BANK LOANS TO LOW-INCOME BORROWERS SO THAT THEY MAYSUPPORT THEIR FAMILIES, BUILD OR EXPAND THEIR DWELLINGS OR STARTBUSINESSES WHICH IN TURN GENERATE EMPLOYMENT FOR OTHERS IN THEIRCOMMUNITIES. | ActivityOrMissionDesc |
| Voting Members Governing Body | 19 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 19 | VotingMembersIndependentCnt |
| Total Employee | 7 | TotalEmployeeCnt |
| Total Volunteers | 100 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $683,911 | PYContributionsGrantsAmt |
| CY Contributions Grants | $788,687 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $281,657 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $219,324 | CYProgramServiceRevenueAmt |
| PY Investment Income | $229,456 | PYInvestmentIncomeAmt |
| CY Investment Income | $206,123 | CYInvestmentIncomeAmt |
| PY Other Revenue | -$41,296 | PYOtherRevenueAmt |
| CY Other Revenue | -$172,372 | CYOtherRevenueAmt |
| PY Total Revenue | $1,153,728 | PYTotalRevenueAmt |
| CY Total Revenue | $1,041,762 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $554,312 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $605,418 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $115,934 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $723,921 | PYOtherExpensesAmt |
| CY Other Expenses | $715,425 | CYOtherExpensesAmt |
| PY Total Expenses | $1,278,233 | PYTotalExpensesAmt |
| CY Total Expenses | $1,320,843 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$124,505 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$279,081 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $12,827,933 | TotalAssetsBOYAmt |
| Total Assets EOY | $15,028,917 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $10,817,714 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $13,245,968 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $2,010,219 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $1,782,949 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE ORGANIZATION SEEKS TO PROMOTE SOCIAL RECONSTRUCTION IN SOUTH AFRICA AND NEIGHBORING COUNTRIES BY FACILITATING ACCESS TO CREDIT FOR LOW-INCOME BORROWERS THROUGH THE PROVISION OF LOAN GUARANTEES TO MAINSTREAM BANKS AND OTHER FINANCIAL INSTITUTIONS. AS THESE LENDERS HAVE HISTORICALLY BEEN RELUCTANT TO EXTEND CREDIT TO A SECTOR OF THE POPULATION THEY CONSIDER UN-BANKABLE, THE MAJORITY OF SOUTHERN AFRICAN CITIZENS, ABSENT THE GUARANTEES, WOULD CONTINUE TO BE ECONOMICALLY MARGINALIZED. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $1,033,443 | ExpenseAmt |
| Revenue | $221,889 | RevenueAmt |
| Desc | THE ORGANIZATION HAD OUTSTANDING AGREEMENTS GUARANTEEING COMMERCIAL LOANS TO SMALL AND GROWING BUSINESSES, AGRICULTURAL ENTERPRISES AND MICRO-FINANCE INSTITUTIONS IN THE SOUTHERN AFRICA REGION. THE AGGREGATE EXPOSURE INVOLVED IN THE GUARANTEES TOTALED $3,485,000. BECAUSE THE CREDIT FACILITIES ARRANGED BY SHARED INTEREST WERE LIMITED TO NO MORETHAN 75% OF THE LOANS THEY BACKED, THE GUARANTEES ULTIMATELY UNLOCKED TOTAL LENDING OF SUMS IN EXCESS OF THE STATED AMOUNT BY VIRTUE OF THE RISK-SHARING AGREED IN THE CONTRACTS BETWEEN LOCAL INSTITUTIONS AND THE ORGANIZATIONS. ADDITIONALLY, THE GUARANTEE PROGRAM, IMPLEMENTED BY MEANS OF THE PROVEN TRANS-BORDER MECHANISM OF STANDBY BANK LETTERS OF CREDIT, CONTINUED TO GIVE THE CONFIDENCE TO SOUTHERN AFRICAN NON-BANK FINANCIALS INSTITUTIONS AND OTHER ALTERNATIVE LENDERS TO PUT CAPITAL AT RISK IN THE SPHERE OF SMALL BUSINESS FINANCE AND LENDING TO ECONOMICALLY-DISENFRANCHISED INDIVIDUALS. COLLATERALIZING THE LETTERS OF CREDIT, WERE THE US-CUSTODIED INVESTMENTS OF THE ORGANIZATION, FUNDED BY LOANS AND DONATIONS BY AMERICAN INDIVIDUALS, FAMILY FOUNDATIONS, FAITH-BASED INSTITUTIONS. HEALTHCARE SYSTEMS AND OTHER INVESTORS ACCEPTING CONCESSIONARY FINANCIAL RETURNS IN EXCHANGE FOR THE SOCIAL IMPACT THAT THE ORGANIZATION HELPS TO CREATE. | Desc |
| Total Program Service Expenses | $1,033,443 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 81 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 7 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 19 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 19 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| Own Website | Yes (X) | OwnWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ANN MCMIKEL | PersonNm |
| Phone | 2123378547 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1412 BROADWAY 21ST FLOOR MA 126 | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10018 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (21 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| SHARRON MCPHERSON | |||||||
| DIRECTOR & CHAIR | 4.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| DAVID WILDMAN | |||||||
| DIRECTOR & VICE CHAIRMAN | 3.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| LOUISE NANKIINGA | |||||||
| DIRECTOR & TREASURER | 3.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| ADRIENNE BAILEY | |||||||
| DIRECTOR & SECRETARY | 3.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| SANDRA APPIAH | |||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| JESSICA BENJAMIN | |||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| SCHUYLA GOODSON | |||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| DIANE KEEFE | |||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| STACY MANVITZ | |||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| SUSAN MARX | |||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| CHARLOTTE MCCLAIN-NHLAPO | |||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| LINNIE MCLEAN | |||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| PALESA MORUDU | |||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| JIM MUNSON | |||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| TSHEGOFATSO NESVAG | |||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| SIPHIWE NODWELE | |||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| TIMOTHY SMITH | |||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| CYNTHIA SPENCE | |||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| RICHARD TOLLIVER | |||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| ANN MCMIKEL | |||||||
| EXECUTIVE DIRECTOR | 50.00 | Yes (X) | $185,000 | $0 | $0 | ||
| SHUKURA SHEARS | |||||||
| DIR OF INDIVIDUAL GIVING | 45.00 | $106,187 | $0 | $0 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $291,187 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $0 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 2 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
| Cntrct Rcvd Greater Than100 K | 0 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $197,866 | FundraisingAmt |
| All Other Contributions | $590,821 | AllOtherContributionsAmt |
| Noncash Contributions | $158,716 | NoncashContributionsAmt |
| Total Contributions | $788,687 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| GUARANTEE INCOME (L/C FEES) | 523000 | $117,230 | $117,230 |
| EARNED INTEREST GUARANTEE ACCOUNT | 523000 | $102,094 | $102,094 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $219,324 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $156,463 | TotalRevenueColumnAmt |
| Exclusion | $156,463 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $6,543,337 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $6,493,677 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $49,660 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $49,660 | TotalRevenueColumnAmt |
| Exclusion | $49,660 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $0 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $197,866 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $174,937 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$174,937 | TotalRevenueColumnAmt |
| Exclusion | -$174,937 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MISCELLANEOUS | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $2,565 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $2,565 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $2,565 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,041,762 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $221,889 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $31,186 | 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 | $355,000 | TotalAmt |
| Program Services | $241,400 | ProgramServicesAmt |
| Management And General | $60,350 | ManagementAndGeneralAmt |
| Fundraising | $53,250 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $143,014 | TotalAmt |
| Program Services | $97,250 | ProgramServicesAmt |
| Management And General | $24,312 | ManagementAndGeneralAmt |
| Fundraising | $21,452 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $67,493 | TotalAmt |
| Program Services | $45,895 | ProgramServicesAmt |
| Management And General | $11,474 | ManagementAndGeneralAmt |
| Fundraising | $10,124 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $39,911 | TotalAmt |
| Program Services | $27,140 | ProgramServicesAmt |
| Management And General | $6,784 | ManagementAndGeneralAmt |
| Fundraising | $5,987 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $17,744 | TotalAmt |
| Program Services | $17,744 | ProgramServicesAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $60,543 | TotalAmt |
| Program Services | $50,488 | ProgramServicesAmt |
| Management And General | $10,055 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $381,420 | TotalAmt |
| Program Services | $354,720 | ProgramServicesAmt |
| Management And General | $26,700 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $22,003 | TotalAmt |
| Program Services | $17,602 | ProgramServicesAmt |
| Fundraising | $4,401 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $21,998 | TotalAmt |
| Program Services | $17,378 | ProgramServicesAmt |
| Management And General | $1,320 | ManagementAndGeneralAmt |
| Fundraising | $3,300 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,546 | TotalAmt |
| Program Services | $6,752 | ProgramServicesAmt |
| Management And General | $512 | ManagementAndGeneralAmt |
| Fundraising | $1,282 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,955 | TotalAmt |
| Program Services | $11,814 | ProgramServicesAmt |
| Management And General | $898 | ManagementAndGeneralAmt |
| Fundraising | $2,243 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $66,298 | TotalAmt |
| Program Services | $60,331 | ProgramServicesAmt |
| Fundraising | $5,967 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,736 | TotalAmt |
| Program Services | $2,951 | ProgramServicesAmt |
| Management And General | $225 | ManagementAndGeneralAmt |
| Fundraising | $560 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $19,846 | TotalAmt |
| Program Services | $15,678 | ProgramServicesAmt |
| Management And General | $1,191 | ManagementAndGeneralAmt |
| Fundraising | $2,977 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| BANK SERVICE CHARGES | $71,043 | $47,599 | $23,444 | |
| DUES, SUBSCRIPTIONS AND | $18,176 | $12,474 | $2,679 | $3,023 |
| SPECIAL EVENT EXPENSE | $8,865 | $6,028 | $1,507 | $1,330 |
| MISCELLANEOUS EXPENSE | $252 | $199 | $15 | $38 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,320,843 | TotalAmt |
| Program Services | $1,033,443 | ProgramServicesAmt |
| Management And General | $171,466 | ManagementAndGeneralAmt |
| Fundraising | $115,934 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $50,934 | BOYAmt |
| EOY | $476,168 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,067,163 | BOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $46,344 | BOYAmt |
| EOY | $25,617 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,980 | BOYAmt |
| EOY | $10,148 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $31,294 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $26,681 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,349 | BOYAmt |
| EOY | $4,613 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,856,832 | BOYAmt |
| EOY | $14,377,311 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,591,847 | BOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $197,484 | BOYAmt |
| EOY | $135,060 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,827,933 | BOYAmt |
| EOY | $15,028,917 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $85,968 | BOYAmt |
| EOY | $92,497 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,707,500 | BOYAmt |
| EOY | $13,082,500 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $24,246 | BOYAmt |
| EOY | $70,971 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,817,714 | BOYAmt |
| EOY | $13,245,968 | 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 | $2,010,219 | BOYAmt |
| EOY | $1,782,949 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,010,219 | BOYAmt |
| EOY | $1,782,949 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,827,933 | BOYAmt |
| EOY | $15,028,917 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$279,081 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $51,811 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | 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 (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | 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 | $1,179,595 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,317,420 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $858,463 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $683,911 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $788,687 | CurrentTaxYearAmt |
| Total | $4,828,076 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,179,595 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,317,420 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $858,463 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $683,911 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $788,687 | CurrentTaxYearAmt |
| Total | $4,828,076 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | $4,828,076 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $105,775 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $99,615 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $190,588 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $91,034 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $156,463 | CurrentTaxYearAmt |
| Total | $643,475 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $5,471,551 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $23,687 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.88240 | PublicSupportCY170Pct |
| Public Support PY170 | 0.88370 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
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
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $7,791 | OtherCostOrOtherBasisAmt |
| Depreciation | $7,791 | DepreciationAmt |
| Book Value | $0 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $23,503 | OtherCostOrOtherBasisAmt |
| Depreciation | $18,890 | DepreciationAmt |
| Book Value | $4,613 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $4,613 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ACCRUED INTEREST | Desc |
| Amt | $70,971 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $70,971 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $1,288,981 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $51,811 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $20,471 | DonatedServicesAndUseFcltsAmt |
| Other Revenue | $174,937 | OtherRevenueAmt |
| Revenue Not Reported | $247,219 | RevenueNotReportedAmt |
| Revenue Subtotal | $1,041,762 | RevenueSubtotalAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $1,041,762 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $1,516,251 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $20,471 | DonatedServicesUseFcltsAmt |
| Other Expenses Included | $174,937 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $195,408 | ExpensesNotReportedAmt |
| Expenses Subtotal | $1,320,843 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $1,320,843 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART X, LINE 2: | INCOME TAXES THE ORGANIZATION HAS BEEN APPROVED AS A TAX-EXEMPT ORGANIZATION UNDER THE INTERNAL REVENUE CODE SECTION 501(C)(3). THE ORGANIZATION IS ALSO EXEMPT FROM STATE AND LOCAL INCOME TAXES. ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS MADE IN THE FINANCIAL STATEMENTS. THE ORGANIZATION HAS CONCLUDED THAT THERE ARE NO UNCERTAIN TAX POSITIONS REQUIRING RECOGNITION IN THE FINANCIAL STATEMENTS. IF THE ORGANIZATION WAS TO INCUR AN INCOME TAX LIABILITY IN THE FUTURE, INTEREST ON ANY INCOME TAX LIABILITY WOULD BE REPORTED AS INTEREST EXPENSE AND PENALTIES ON ANY INCOME TAX LIABILITY WOULD BE REPORTED AS INCOME TAXES. THE ORGANIZATION'S CONCLUSIONS REGARDING UNCERTAIN TAX POSITIONS MAY BE SUBJECT TO REVIEW AND ADJUSTMENT AT A LATER DATE BASED UPON ONGOING ANALYSES OF TAX LAWS, REGULATIONS, AND INTERPRETATIONS THEREOF AS WELL AS OTHER FACTORS. GENERALLY, FEDERAL, STATE, AND LOCAL AUTHORITIES MAY EXAMINE THE ORGANIZATION'S TAX RETURNS FOR THREE YEARS FROM THE DATE OF FILING; CONSEQUENTLY, THE RESPECTIVE TAX RETURNS FOR YEARS PRIOR TO 2021 ARE NO LONGER SUBJECT TO EXAMINATION BY TAX AUTHORITIES. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | SPECIAL EVENT EXPENSES 174,937. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | SPECIAL EVENT EXPENSES 174,937. |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | HBCU | Event1Nm |
| Gross Receipts Event1 | $22,500 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $22,500 | CharitableContriEvent1Amt |
| Food And Beverage Event1 | $6,531 | FoodAndBeverageEvent1Amt |
| Other Direct Expenses Event1 | $10,482 | OtherDirectExpensesEvent1Amt |
| Event2 | GALA | Event2Nm |
| Gross Receipts Event2 | $139,607 | GrossReceiptsEvent2Amt |
| Charitable Contri Event2 | $139,607 | CharitableContriEvent2Amt |
| Rent Facility Costs Event2 | $54,398 | RentFacilityCostsEvent2Amt |
| Food And Beverage Event2 | $50,395 | FoodAndBeverageEvent2Amt |
| Entertainment Event2 | $14,846 | EntertainmentEvent2Amt |
| Other Direct Expenses Event2 | $37,475 | OtherDirectExpensesEvent2Amt |
| Other Events Total | 3 | OtherEventsTotalCnt |
| Gross Receipts Other Events | $24,809 | GrossReceiptsOtherEventsAmt |
| Charitable Contri Other Events | $24,809 | CharitableContriOtherEventsAmt |
| Oth Direct Expnss Other Events | $810 | OthDirectExpnssOtherEventsAmt |
| Gross Receipts Total | $186,916 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $186,916 | CharitableContributionsTotAmt |
| Rent Fclty Costs Total Events | $54,398 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $56,926 | FoodAndBeverageTotalEventsAmt |
| Entertainment Total Events | $14,846 | EntertainmentTotalEventsAmt |
| Oth Direct Expnss Total Events | $48,767 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $174,937 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$174,937 | NetIncomeSummaryAmt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ANN MCMIKEL | PersonNm |
| Title | EXECUTIVE DIRECTOR | TitleTxt |
| Base Compensation Filing Org | $185,000 | BaseCompensationFilingOrgAmt |
| Compensation Based On Rltd Orgs | $0 | CompensationBasedOnRltdOrgsAmt |
| Bonus Filing Organization | $0 | BonusFilingOrganizationAmount |
| Bonus Related Organizations | $0 | BonusRelatedOrganizationsAmt |
| Other Compensation Filing Org | $0 | OtherCompensationFilingOrgAmt |
| Other Compensation Rltd Orgs | $0 | OtherCompensationRltdOrgsAmt |
| Deferred Compensation Flng Org | $0 | DeferredCompensationFlngOrgAmt |
| Deferred Comp Rltd Orgs | $0 | DeferredCompRltdOrgsAmt |
| Nontaxable Benefits Filing Org | $0 | NontaxableBenefitsFilingOrgAmt |
| Nontaxable Benefits Rltd Orgs | $0 | NontaxableBenefitsRltdOrgsAmt |
| Total Compensation Filing Org | $185,000 | TotalCompensationFilingOrgAmt |
| Total Compensation Rltd Orgs | $0 | TotalCompensationRltdOrgsAmt |
| Comp Report Prior990 Filing Org | $0 | CompReportPrior990FilingOrgAmt |
| Comp Report Prior990 Rltd Orgs | $0 | CompReportPrior990RltdOrgsAmt |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $158,716 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | COMPARABLE SALES | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | 0 | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11B | ONCE A TENTATIVE FORM 990 IS PREPARED, THE ORGANIZATION FORWARDS AN ELECTRONIC COPY TO EACH OF THE MEMBERS OF THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS. ACCOMPANYING THE DRAFT FORM IS A NARRATIVE WHICH INCLUDED HIGHLIGHTS OF ANY CHANGES IN THE FORM FROM THE PRIOR YEAR VERSION. CONVENING BY CONFERENCE CALL, THE EXECUTIVE COMMITTEE REVIEWS THE DRAFT PAYING PARTICULAR ATTENTION TO GOVERNANCE ISSUES AND FINANCIAL ISSUES TO THE EXTENT THEY HAVE BEARING ON THE PRESERVATION OF THE ORGANIZATION'S TAX EXEMPT STATUS. ONCE THE COMMITTEE IS SATISFIED, THEIR INPUT IS REFLECTED IN THE DRAFT FORM, A COPY OF THE 990, AND ALL OF ITS SCHEDULES, IS FORWARDED TO EACH MEMBER OF THE FULL BOARD WITH INSTRUCTIONS THAT, SHOULD THEY HAVE COMMENTS, THEY NEED RESPOND AS SOON AS POSSIBLE SO THAT THE FINAL DOCUMENT IS FILED TIMELY. |
| FORM 990, PART VI, SECTION B, LINE 12C | EVERY YEAR, BEFORE ITS NOVEMBER ANNUAL MEETING, SHARED INTEREST DISTRIBUTES A CONFLICT OF INTEREST FORM TO EACH MEMBER OF THE BOARD AND REQUIRES THAT EACH BOARD MEMBER COMPLETE AND RETURN IT PRIOR TO THE CONCLUSION OF THE MEEITNG. THE FORM SEEKS DISCLOSURE OF ANY CONFLICT OF INTEREST IN THE CONTEXT OF IRS GUIDANCE TO THE FORM 990 AND ITS GLOSSARY DEFINING KEY TERMS. |
| FORM 990, PART VI, SECTION B, LINE 15 | SHARED INTEREST'S BOARD MEMBERS, WITH THE EXCEPTION OF A SINGLE NON-VOTING OFFICER/EMPLOYEE (THE ORGANIZATION'S EXECUTIVE DIRECTOR), SERVE VOLUNTARILY AND RECEIVE NO COMPENSATION SAVE FOR A REASONABLE REIMBURSEMENT OF EXPENSES RELATED TO THEIR WORK AS BOARD MEMBERS. EVERY TWO YEARS, THE BOARD'S PERSONNEL COMMITTEE REVIEWS EXISTING SALARY RANGES FOR ALL OF SHARED INTEREST'S EMPLOYEES AND SETS THOSE RANGES ANEW BASED ON COMPARABILITY STUDIES AND DATA FROM LIKE ORGANIZATIONS IN THE NEW YORK CITY AREA. AFTER DETERMINING THE RANGES, THE COMMITTEE MAKES RECOMMENDATIONS FOR ADOPTION BY THE FULL BOARD AND SEES TO IT THAT SALARIES OF ALL HIRES FALL WITHIN POLICY PARAMETERS. SHOULD A BOARD MEMBER, ON A ONE-OFF BASIS, APPLY FOR COMPENSATION THAT COULD POSSIBLE BE INTERPRETED AS PRESENTING A CONFLICT OF INTEREST, THE BOARD WILL REFER TO ITS WRITTEN POLICY DOCUMENT AND PROCEED TO ADDRESS THE ISSUE IN THE MANNER PRESCRIBED. AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PARTY, S/HE MUST LEAVE THE BOARD OF DIRECTORS OR COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON BY DISINTERESTED MEMBERS. IN THEIR DELIBERATIONS, THE BOARD OF DIRECTORS OR COMMITTEE MEMBERS 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. IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY POSSIBLE UNDER CIRCUMSTANCES NOT PRODUCING A CONFLICT OF INTEREST, THE BOARD OR ANY COMMITTEE SHALL DETERMINE BY MAJORITY VOTE OF 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 AND AT ARM'S LENGTH. ONLY THEN WILL THE APPLICANT AND THE ORGANIZATION SIGN AN AGREEMENT RESULTING IN COMPENSATION TO THE BOARD MEMBER APPLICANT. |
| FORM 990, PART VI, SECTION C, LINE 19 | ALL OF SHARED INTEREST'S GOVERNING DOCUMENTS, THE CONFLICT OF INTEREST POLICY AND FINANCIAL DOCUMENTS ARE AVAILABLE TO THE PUBLIC AT NO CHARGE FOR PHOTOCOPYING OR PRINTING. WHILE WE HAVE NOT YET HAD ANYONE ASK TO INSPECT OUR DOCUMENTS IN THE OFFICE, WE WOULD BE PLEASED TO MAKE THESE AVAILABLE ON OUR PREMISES AT A MUTUALLY CONVENIENT TIME. WHILE WE HAVE NOT YET HAD ANYONE ASK TO INSPECT OUR DOCUMENTS IN THE OFFICE, WE WOULD BE PLEASED TO MAKE THESE AVAILABLE ON OUR PREMISES AT A MUTUALLY CONVENIENT TIME. WHILE INTERESTED PARTIES GENERALLY FIND OUR FORM 990 EITHER ON OUR OWN WEBSITE OR THAT OF THE NYS ATTORNEY GENERAL, SHARED INTEREST ALSO MAKES ITS ANNUAL REPORT, WHICH CONTAINS ITS MOST RECENT AUDITED FINANCIALS, AVAILABLE ON ITS OWN SITE (AND ALSO MAILS AND EMAILS COPIES TO ALL SUPPORTERS FOR WHOM IT HAS EITHER STREET OR ELECTRONIC ADDRESSES). |
| FORM 990, PART IX, LINE 11G | CONSULTANTS: PROGRAM SERVICE EXPENSES 354,720. MANAGEMENT AND GENERAL EXPENSES 26,700. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 381,420. |
| FORM 990, PART XII, LINE 2C: | THERE HAS BEEN NO CHANGE IN OVERSIGHT OR THE SELECTION PROCESS. |
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