2013-04-02T07:31:11-05:00 2012-12-31 521511275 Raffa PC 1899 L Street NW Suite 900 Washington DC 20036 990 2012-01-01 521681375 BoardSource BOAR 2024526262 750 9th Street NW No 650 Washington DC 200014590 Anne Wallestad Interim CEO 2024526262 2013-04-02 1 Frank H Smith P00639053 2028225000 2013-04-01 2012 2016-02-25 16:41:14Z Anne Wallestad 750 9th Street NW No 650 Washington DC 200014590 7548310 0 X www.boardsource.org X 1990 DC Advancing the public good by building exceptional nonprofit boards and inspiring board service. 16 16 48 17 0 0 2283208 2414517 2800708 2807690 161086 279621 894969 603433 6139971 6105261 120596 70677 0 0 3595838 3723462 0 0 660575 3715698 3644732 7432132 7438871 -1292161 -1333610 5812168 4697402 2913523 3098996 2898645 1598406 X Advancing the public good by building exceptional nonprofit boards and inspiring board service. 0 0 3658239 70677 1161707 Governance Education and Training: BoardSource provides educational resources that address essential governance topics, including legal and fiduciary responsibilities; fundraising; Board meetings and processes; Board composition including diversity and inclusion issues; and Board/staff relations. Membership Program: BoardSource's membership program integrates its educational resources into a year-round educational offerings and support for nonprofit leaders. BoardSource's membership program currently includes nearly 25,000 individual leaders from nonprofit organizations across the country. Public Training Programs: BoardSources 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 programs reached more than 3,000 nonprofit leaders in 2012. Publications: BoardSource's library of nonprofit governance resources includes more than 100 publications and tools on a broad range of topics relevant to nonprofit CEOs, board leaders, and practitioners. In 2012 alone, more than 27,000 publication resources were accessed by nonprofit leaders from across the country. BoardSource Leadership Forum: The BoardSource Leadership Forum is an annual conference that convenes hundreds of governance experts, board members, chief executives, and senior staff from around the world to discuss the newest thinking and practices in nonprofit governance. The 2012 BoardSource Leadership Forum included more than 600 nonprofit leaders. 2033508 2249416 Consulting & Assessment Services: BoardSource's consulting services support the needs of individual organizations seeking to directly address key issues or challenges in their own Board leadership. In 2012, BoardSource worked with more than 260 organizations on projects including strategic visioning and planning, Board restructuring, clarifying roles and responsibilities, addressing challenging Board dynamics, and much more. Additionally, BoardSource provided diagnostic and assessment services to 650 organizations in 2012. 561293 Research: BoardSource conducts research on the frequency and effectiveness of nonprofit governance practices, most notably through the Nonprofit Governance Index. The most recent Index was conducted in 2012 and aggregated responses from nearly 2,600 Chief Executives and Board Chairs from human/social service organizations, trade associations, arts and cultural groups, foundations, healthcare organizations, and higher education institutions. 6253040 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 42 0 1 48 1 0 0 0 0 0 0 0 0 0 0 X 16 16 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X Fred Sherman 2023492500 750 9th Street NW 650 Washington DC 200014590 David Nygren 5.00 X X 0 0 0 Phillip Henderson 6.00 X X 0 0 0 John Griswold 6.00 X X 0 0 0 Anne Cohn Donnelly 3.00 X X 0 0 0 Aaron Hurst 6.00 X 0 0 0 Carol Goss 1.00 X 0 0 0 David McGinty 1.00 X 0 0 0 Dawn McNally 1.00 X 0 0 0 Edward Whitney 0.00 X 0 0 0 Eugene Bounds 1.00 X 0 0 0 Kimberly Roberson 1.00 X 0 0 0 Maya Enista Smith 1.00 X 0 0 0 Philip Lochner 9.00 X 0 0 0 Rick Moyers 2.00 X 0 0 0 Roxanne Spillett 4.00 X 0 0 0 Sylvia Yee 3.00 X 0 0 0 Will Fitzpatrick 1.00 X 0 0 0 Fred Sherman 40.00 X 145748 0 14651 Linda Crompton 40.00 X 310622 0 21160 Anne Wallestad 40.00 X 163260 0 15190 Deborah Davidson 40.00 X 138989 0 12953 Marci Sunderland 40.00 X 119229 0 13892 Rita Santelli 40.00 X 119150 0 9610 Vernetta Walker 40.00 X 117863 0 11896 1114861 0 99352 7 0 1 0 Hyatt Regency Chicago Lockbox 203899 Houston TX 77216 Food, beverage, lodging and audio 322205 Innovative Technologies In Print 200 S Chestnut Street Elizabethtown PA 17022 Printing and mailing services 214600 Office IT Solutions 3509 Connecticut Avenue NW Washington DC 20008 IT equipment & information tech. 211553 Michael Daigneault 1512 Nightshade Court Vienna VA 22182 Governance consult. & training 169861 Avectra 75 Remittance Drive Suite 6012 Chicago IL 606756012 Software support 145302 7 1070467 1344050 2414517 Consulting/training 900099 1866709 1866709 Assessments 900099 382706 382706 Leadership forum 900099 302229 302229 Training Fees 900099 256046 256046 2807690 49070 49070 1420000 1189449 230551 230551 230551 857033 253600 603433 603433 6105261 3411123 0 279621 45000 45000 25677 25677 670631 364987 128319 177325 2447085 2184234 82874 179977 72900 58560 6229 8111 321651 265877 22728 33046 211195 169652 18044 23499 745741 745741 24691 1313 19557 3821 57173 57173 140717 119451 16969 4297 11509 196 11313 125144 85594 14827 24723 437094 353810 36174 47110 20250 20250 831880 668245 71074 92561 185059 150059 5486 29514 370513 362850 3822 3841 254571 204496 21750 28325 29393 23611 2512 3270 Shipping, postage, mail 183289 175729 6405 1155 Client-reimbursed exp 137221 137221 Credit card processing 73068 73068 Licenses/permits 17419 17419 7438871 6253040 525256 660575 385 135 15300 251195 407250 390440 341715 322252 230299 173498 19377 17192 2385108 759184 1778536 1625924 3019306 1916766 5812168 4697402 415295 364348 784839 1075029 1713389 1659619 2913523 3098996 X 2114145 821300 573100 565706 211400 211400 2898645 1598406 5812168 4697402 -1333610 33371 0 X 0 1 X 1 0 X 2987097 2359707 2633241 2283208 2414517 12677770 4475601 4410305 2205554 3842333 3664723 18598516 7462698 6770012 4838795 6125541 6079240 31276286 1415000 968814 741117 880000 750000 4754931 152741 463779 59632 530248 171106 1377506 1567741 1432593 800749 1410248 921106 6132437 25143849 425884 317981 353402 89069 49070 1235406 425884 317981 353402 89069 49070 1235406 49917 15699 20693 5217 91526 7938499 7103692 5212890 6219827 6128310 32603218 0.77120 0.74460 0.03790 0.05240 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 293371 26809 -25677 294503 306545 7422 20596 293371 282023 47448 22926 306545 245487 39703 3167 282023 3909350 -1251384 13502 154560 2489904 0.10860 0.78970 0.10170 0 0 1244742 365736 879006 455862 188069 267793 684504 205379 479125 1625924 Deferred construction allowance 1057520 Deferred rent 602099 1659619 X 6392232 33371 253600 286971 6105261 0 6105261 7692471 253600 253600 7438871 0 7438871 Description of Intended Use of Endowment Funds: 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. Description of Uncertain Tax Positions Under FIN 48: Part X, Line 2: BoardSource performed an evaluation of uncertain tax positions for the year ended December 31, 2012, and determined that there were no matters that would require recognition in the financial statements or that may have any effect on its tax-exempt status. Part XI, Line 2d - Other Adjustments: Cost of goods sold Part XII, Line 2d - Other Adjustments: Cost of goods sold 1 San Diego Youth Symphony and Conservatory 1650 El Prado Suite 207A San Diego CA 92101 237380943 501(c)(3) 25000 Awarded for exemplifying exceptional governance and designing change for their organization. Consumer Credit Counseling Service of Delaware Valley dba Clarifi 1608 Walnut Street Philadelphia PA 19103 231671903 501(c)(3) 10000 Awarded for exemplifying exceptional governance and designing change for their organization. Opal Community Land Trust PO Box 1133 Eastsound WA 98245 943116010 501(c)(3) 5000 Awarded for exemplifying exceptional governance and designing change for their organization. 3 0 Registration and travel expenses to attend BoardSource conference. 20 25677 Procedure for Monitoring Grants in the U.S.: Part I, Line 2: Schedule I, Part I, Line 2: BoardSource will on occasion make awards to individuals and organizations. The organizations that received awards in 2012 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. Small amounts to cover cost of registration and travel to attend a BoardSource conference were awarded to certain eligible individuals as well. X X X X X 0 0 0 0 0 0 0 0 0 Fred Sherman 145748 0 0 0 0 0 5931 0 8720 0 160399 0 0 0 Linda Crompton 310622 0 0 0 0 0 12403 0 8757 0 331782 0 0 0 Anne Wallestad 163260 0 0 0 0 0 6650 0 8540 0 178450 0 0 0 Deborah Davidson 138989 0 0 0 0 0 5591 0 7362 0 151942 0 0 0 Form 990, Part VI, Section A, line 4 Bylaws were updated to conform to changes made to the District of Columbia Business Organizations Code. Form 990, Part VI, Section B, line 11 Both the Controller and the CFO are involved in preparing all information and documentation used to complete the federal Form 990. They then review it in detail alongside the prior year's federal Form 990 and audited financial statements. The Controller and CFO meet with the CEO to conduct a detailed review of the completed draft. The Audit Committee reviews the federal Form 990 and submits it to the full Board of Directors for final approval prior to it being filed with the Internal Revenue Service. 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 CEO: 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 Resources (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 CEO Evaluation & Compensation 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 unanimous approval of the Board. The Chair of the Board of Directors then provides a letter to the Vice President of Human Resources on the newly approved salary and effective date. CFO: Prior to determining a compensation increase for the CFO, a compensation analysis is completed. This analysis is generally compiled by the Vice President of Human Resources using comparable salary data from three or more nonprofit salary surveys. The compensation analysis is provided to the President & CEO. Based on the performance evaluation of the CFO, 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 Directors resolution authorizing a salary increase. This is typically completed during the Executive Session of a Board of Directors meeting or through confidential email. Any increase in compensation for this position requires unanimous approval of the Board of Directors. The President & CEO communicates Board approval to the Vice President of Human Resources. Form 990, Part VI, Section C, line 19 All are available upon request, and financial statements are also available on the BoardSource website.