INSTITUTE FOR THE FUTURE: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- INSTITUTE FOR THE FUTURE (EIN 95-2540449)
- Tax period
- 2011-01-01 to 2011-12-31
- Filed
- 2012-11-14
- IRS object ID
- 201243199349306694
- Schema version
- 2011v1.2
- 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) |
|---|---|---|
| Timestamp | 2012-11-14T19:11:19-06:00 | Timestamp |
| Tax Period End Date | 2011-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 941254756 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HOOD & STRONG LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 FIRST STREET 14TH FLOOR | AddressLine1 |
| City | SAN FRANCISCO | City |
| State | CA | State |
| ZIP Code | 94105 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 952540449 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | INSTITUTE FOR THE FUTURE | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | INST | NameControl |
| Phone | 6508546322 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 124 UNIVERSITY AVENUE 2ND FLOOR | AddressLine1 |
| City | PALO ALTO | City |
| State | CA | State |
| ZIP Code | 94301 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | KIM LAWRENCE | Name |
| Title | DIRECTOR OF FINANCE | Title |
| Phone | 6508546322 | Phone |
| Date Signed | 2012-11-14 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | TAMARA L BONGI | Name |
| PTIN | P01200780 | PTIN |
| Phone | 4157810793 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | KIM LAWRENCE | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 124 UNIVERSITY AVENUE 2ND FLOOR | AddressLine1 |
| City | PALO ALTO | City |
| State | CA | State |
| ZIP Code | 94301 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 8153196 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.IFTF.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1968 | YearFormation |
| State Legal Domicile | CA | StateLegalDomicile |
| Activity Or Mission Description | PROVIDE FUTURE FORECASTING TO ORGANIZATIONS WORLDWIDE. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 11 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 8 | NbrIndependentVotingMembers |
| Total Nbr Employees | 41 | TotalNbrEmployees |
| Total Nbr Volunteers | 8 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 14150 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 3053 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 7000167 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 8131538 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 3378 | InvestmentIncomePriorYear |
| Investment Income Current Year | 1487 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 9802 | OtherRevenuePriorYear |
| Other Revenue Current Year | 17118 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 7027497 | TotalRevenuePriorYear |
| Total Revenue Current Year | 8153196 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 4213816 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 4243320 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 2736598 | OtherExpensePriorYear |
| Other Expenses Current Year | 3382823 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 6950414 | TotalExpensesPriorYear |
| Total Expenses Current Year | 7626143 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 77083 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 527053 | RevenuesLessExpensesCY |
| Total Assets BOY | 3839103 | TotalAssetsBOY |
| Total Assets EOY | 3846144 | TotalAssetsEOY |
| Total Liabilities BOY | 1996893 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 1674878 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 1842210 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 2171266 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | WE CATALYZE THE GLOBAL COMMUNITY TO THINK SYSTEMATICALLY ABOUT THE FUTURE. AS AN INDEPENDENT NONPROFIT, WE ARE LEADING INNOVATORS IN THE SYSTEMATIC AND COMPREHENSIVE RESEARCH OF THE LONG-TERM FUTURE, PROVIDING METHODOLOGIES AND TOOLS THAT ENGAGE BOTH THE PRIVATE AND PUBLIC SECTORS IN ORDER TO: DISCERN AND COPE WITH TODAY'S SOCIETAL DILEMMAS; AVOID CREATION OF MORE COMPLEX DILEMMAS TOMORROW; AND CREATE NEW, IMPORTANT ALTERNATIVES IN SHAPING THE GLOBAL FUTURE. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 472115 | Expense |
| Revenue | 1029080 | Revenue |
| Description | TECHNOLOGY HORIZONS PROGRAM - THE TECHNOLOGY HORIZONS PROGRAM COMBINES A DEEP UNDERSTANDING OF TECHNOLOGY AND SOCIETAL FORCES TO IDENTIFY AND EVALUATE DISCONTINUITIES AND INNOVATIONS IN THE NEXT THREE TO TEN YEARS. WE HELP ORGANIZATIONS DEVELOP INSIGHTS AND STRATEGIC TOOLS TO BETTER POSITION THEMSELVES FOR THE FUTURE. OUR APPROACH TO TECHNOLOGY FORECASTING IS UNIQUE-WE PUT PEOPLE AT THE CENTER OF OUR FORECASTS. UNDERSTANDING HUMANS AS CONSUMERS, WORKERS, HOUSEHOLDERS, AND COMMUNITY MEMBERS ALLOWS IFTF TO HELP COMPANIES LOOK BEYOND TECHNICAL FEASIBILITY TO IDENTIFY THE VALUE IN NEW TECHNOLOGIES, FORECAST ADOPTION AND DIFFUSION PATTERNS, AND DISCOVER NEW MARKET OPPORTUNITIES AND THREATS. THIS IS AN ANNUAL MEMBERSHIP PROGRAM THAT, ALONG WITH ALL OTHER CORE FOUNDATIONAL MULTICLIENT PROGRAMS, PROVIDES THE BUILDING BLOCKS FOR INITIATIVES THAT FURTHER OUR MISSION IN LEADING THE EFFORTS ON LONG-TERM THINKING, WHILE ALSO SUPPORTING ONGOING PUBLIC AND PRIVATE SECTOR SPECIAL PROJECTS THAT PUSHES OUR RESEARCH IN NEW AREAS OF STUDY. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 527131 | Expense |
| Revenue | 956227 | Revenue |
| Description | HEALTH HORIZONS PROGRAM - THE HEALTH HORIZONS PROGRAM COMBINES A DEEP UNDERSTANDING OF THE GLOBAL HEALTH ECONOMY, USER BEHAVIOR, HEALTH AND MEDICAL TECHNOLOGIES, HEALTH CARE DELIVERY SYSTEM, AND SOCIETAL FORCES TO IDENTIFY AND EVALUATE EMERGING TRENDS, DISCONTINUITIES, AND INNOVATIONS IN THE NEXT THREE TO TEN YEARS. WE HELP ORGANIZATIONS WORK WITH FORESIGHTS TO DEVELOP INSIGHTS AND STRATEGIC TOOLS TO BETTER POSITION THEMSELVES IN THE MARKETPLACE. THIS IS AN ANNUAL MEMBERSHIP PROGRAM THAT, ALONG WITH ALL OTHER CORE FOUNDATIONAL MULTICLIENT PROJECTS, PROVIDES THE BUILDING BLOCKS FOR INITIATIVES THAT FURTHER OUR MISSION IN LEADING THE EFFORTS ON LONG-TERM THINKING, WHILE ALSO SUPPORTING ONGOING PUBLIC AND PRIVATE SECTOR SPECIAL PROJECTS THAT PUSHES OUR RESEARCH IN NEW AREAS OF STUDY. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 377172 | Expense |
| Revenue | 769088 | Revenue |
| Description | TEN-YEAR FORECAST PROGRAM - FOR NEARLY FOUR DECADES, THE TEN-YEAR FORECAST PROGRAM HAS BEEN A LEADING SOURCE OF FORESIGHT FOR A VANGUARD OF BUSINESS, GOVERNMENT, AND NONPROFIT ORGANIZATIONS. IT IS A PLATFORM FOR SENSING TODAY'S LATENT SIGNALS, TRACKING THEIR INTERSECTIONS TO UNDERSTAND THE ECOSYSTEM OF CHOICES, AND THEN DESIGNING PLATFORMS FOR FUTURE RESILIENCE. FOCUSING ON THE NEXT THREE TO TEN YEARS, THE PROGRAM ANTICIPATES DISCONTINUITIES AND EMERGING DILEMMAS-DISCONTINUITIES BECAUSE THEY CHALLENGE BUSINESS AS USUAL AND DILEMMAS BECAUSE THEY DEMAND NEW WAYS OF THINKING ABOUT COMPLEX PROBLEMS. TOGETHER, DISCONTINUITIES AND DILEMMAS PROVIDE A VISTA OF NEW PRACTICES AND POINTS OF VIEW THAT WILL SHAPE TOMORROW'S ORGANIZATIONS AND TODAY'S CHOICES. THIS IS AN ANNUAL MEMBERSHIP PROGRAM THAT, ALONG WITH ALL OTHER CORE FOUNDATIONAL MULTICLIENT PROJECTS, PROVIDES THE BUILDING BLOCKS FOR INITIATIVES THAT FURTHER OUR MISSION IN LEADING THE EFFORTS ON LONG-TERM THINKING, WHILE ALSO SUPPORTING ONGOING PUBLIC AND PRIVATE SECTOR SPECIAL PROJECTS THAT PUSHES OUR RESEARCH IN NEW AREAS OF STUDY. | Description |
Activity Other ActivityOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 2423869 | Expense |
| Revenue | 5393149 | Revenue |
| Description | THIS CATEGORY INCLUDES THE WRAP-UP OF THE GLOBAL FOOD OUTLOOK PROGRAM FOR 2010-2011, ALONG WITH SPECIAL PROJECTS AND REIMBURSABLE EXPENSE AND REVENUE. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Other Program Service Exp | 2423869 | TotalOfOtherProgramServiceExp |
| Total Of Other Program Service Rev | 5393149 | TotalOfOtherProgramServiceRev |
| Total Program Service Expense | 3800287 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 0 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 0 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 95 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 41 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 1 | QuidProQuoContributions |
| Quid Pro Quo Disclosure | 1 | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 11 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 8 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | CA | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KIM LAWRENCE | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 6502339540 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 124 UNIVERSITY AVENUE | AddressLine1 |
| City | PALO ALTO | City |
| State | CA | State |
| ZIP Code | 94301 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (17 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|---|
| ELLEN MARRAM | ||||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |||
| ARON CRAMER | ||||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |||
| KAREN EDWARDS | ||||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |||
| DEBRA ENGEL | ||||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |||
| LARRY SMARR | ||||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |||
| ROBERT SUTTON | ||||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |||
| KELLY TRAVER | ||||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |||
| LAWRENCE WILKINSON | ||||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |||
| MARINA GORBIS | ||||||||
| EXECUTIVE DIRECTOR | 40.00 | X | 250151 | 0 | 48178 | X | ||
| RODRIGO FALCON | ||||||||
| DIR. HEALTH HORIZONS | 40.00 | X | 173451 | 0 | 24867 | |||
| JEAN HAGAN | ||||||||
| DIR. COMMUNICATIONS | 40.00 | X | 152047 | 0 | 37892 | |||
| KIMBERLEY LAWRENCE | ||||||||
| DIRECTOR OF FINANCE | 40.00 | 114271 | 0 | 33268 | X | |||
| ROBERT JOHANSEN | ||||||||
| IFTF DISTINGUISHED FELLOW | 40.00 | 230207 | 0 | 37841 | X | |||
| KATHLEEN VIAN | ||||||||
| DIR. TEN YEAR FORECAST PROGRAM | 40.00 | 174014 | 0 | 31850 | X | |||
| MICHAEL SEAN NESS | ||||||||
| BUS. DEV. MANAGER | 40.00 | 202516 | 0 | 21150 | X | |||
| DAWN ALVA | ||||||||
| BUS. DEV. MANAGER | 40.00 | 148425 | 0 | 29580 | X | |||
| LYN JEFFERY | ||||||||
| DIR. TECHNOLOGY HORIZONS | 40.00 | 138665 | 0 | 35216 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 1583747 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 299842 | TotalOtherCompensation |
| Number Individuals GT100 K | 9 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
| Number Of Contractors GT100 K | 0 | NumberOfContractorsGT100K |
| All Other Contributions | 3053 | AllOtherContributions |
| Total Contributions | 3053 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| SPECIAL PROJECT REVENU | 541700 | 5132406 | 5132406 |
| MEMBERSHIP DUES | 541700 | 2999132 | 2999132 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 8131538 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1487 | TotalRevenueColumn |
| Exclusion | $1,487 | ExclusionAmount |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 16006 | TotalRevenueColumn |
| Related Or Exempt Function Income | 16006 | RelatedOrExemptFunctionIncome |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | OTHER REVENUE | Description |
| Business Code | 541700 | BusinessCode |
| Total Revenue Column | 1112 | TotalRevenueColumn |
| Exclusion | $1,112 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 1112 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 8153196 | TotalRevenueColumn |
| Related Or Exempt Function Income | 8147544 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $2,599 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | X | InfoInScheduleOPartIX |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1814246 | Total |
| Program Services | 538399 | ProgramServices |
| Management And General | 1275847 | ManagementAndGeneral |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1681474 | Total |
| Program Services | 1089347 | ProgramServices |
| Management And General | 592127 | ManagementAndGeneral |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 134309 | Total |
| Program Services | 69841 | ProgramServices |
| Management And General | 64468 | ManagementAndGeneral |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 277219 | Total |
| Program Services | 144154 | ProgramServices |
| Management And General | 133065 | ManagementAndGeneral |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 336072 | Total |
| Program Services | 176436 | ProgramServices |
| Management And General | 159636 | ManagementAndGeneral |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 51353 | Total |
| Management And General | 51353 | ManagementAndGeneral |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 10548 | Total |
| Management And General | 10548 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 26600 | Total |
| Management And General | 26600 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1001346 | Total |
| Program Services | 806894 | ProgramServices |
| Management And General | 194452 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 290185 | Total |
| Program Services | 115946 | ProgramServices |
| Management And General | 174239 | ManagementAndGeneral |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 185908 | Total |
| Program Services | 27614 | ProgramServices |
| Management And General | 158294 | ManagementAndGeneral |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 536157 | Total |
| Management And General | 536157 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 925491 | Total |
| Program Services | 815658 | ProgramServices |
| Management And General | 109833 | ManagementAndGeneral |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 15998 | Total |
| Program Services | 15998 | ProgramServices |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 42493 | Total |
| Management And General | 42493 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 18270 | Total |
| Management And General | 18270 | ManagementAndGeneral |
Other Expenses OtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | INCENTIVE COMPENSATION | Description |
| Total | 278474 | Total |
| Management And General | 278474 | ManagementAndGeneral |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7626143 | Total |
| Program Services | 3800287 | ProgramServices |
| Management And General | 3825856 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 537323 | BOY |
| EOY | 268961 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1297512 | BOY |
| EOY | 1300855 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1866032 | BOY |
| EOY | 2131117 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 13440 | BOY |
| EOY | 12659 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 482566 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 371244 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 103566 | BOY |
| EOY | 111322 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 21230 | BOY |
| EOY | 21230 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3839103 | BOY |
| EOY | 3846144 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 642241 | BOY |
| EOY | 766073 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1354652 | BOY |
| EOY | 908805 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1996893 | BOY |
| EOY | 1674878 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1789428 | BOY |
| EOY | 2103038 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 52782 | BOY |
| EOY | 68228 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1842210 | BOY |
| EOY | 2171266 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3839103 | BOY |
| EOY | 3846144 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 527053 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -197997 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | X | PubliclySupportedOrg509a2 |
Gifts Grants Contrib Received509 GiftsGrantsContribReceived509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 3389433 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 3047172 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 2185342 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 2940399 | CurrentTaxYearMinus1Year |
| Current Tax Year | 3053 | CurrentTaxYear |
| Total | 11565399 | Total |
Gross Receipts From Admissions GrossReceiptsFromAdmissions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 4354584 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 6038409 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 4613759 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 4079114 | CurrentTaxYearMinus1Year |
| Current Tax Year | 8131538 | CurrentTaxYear |
| Total | 27217404 | Total |
Total509 Total509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 7744017 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 9085581 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 6799101 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 7019513 | CurrentTaxYearMinus1Year |
| Current Tax Year | 8134591 | CurrentTaxYear |
| Total | 38782803 | Total |
Amts Recd From Disqual Persons AmtsRecdFromDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Amts From Subst Contributors AmtsFromSubstContributors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Support From DQ Ps Etc SupportFromDQPsEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | 38782803 | PublicSupportTotal509 |
Gross Investment Income509 GrossInvestmentIncome509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 48162 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 23202 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 7474 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 3378 | CurrentTaxYearMinus1Year |
| Current Tax Year | 17493 | CurrentTaxYear |
| Total | 99709 | Total |
Investment Income And UBTI InvestmentIncomeAndUBTI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 48162 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 23202 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 7474 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 3378 | CurrentTaxYearMinus1Year |
| Current Tax Year | 17493 | CurrentTaxYear |
| Total | 99709 | Total |
Other Income509 OtherIncome509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 11522 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 13420 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 18262 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 4606 | CurrentTaxYearMinus1Year |
| Current Tax Year | 1112 | CurrentTaxYear |
| Total | 48922 | Total |
Total Support Total TotalSupportTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 7803701 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 9122203 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 6824837 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 7027497 | CurrentTaxYearMinus1Year |
| Current Tax Year | 8153196 | CurrentTaxYear |
| Total | 38931434 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Percentage509 | 0.99620 | PublicSupportPercentage509 |
| Prior Year Support Percentage | 0.99570 | PriorYearSupportPercentage |
| Investment Income Percentage | 0.00260 | InvestmentIncomePercentage |
| Prior Yr Invest Income Percentage | 0.00300 | PriorYrInvestIncomePercentage |
| Thirty Three Percnt Tests CY509 | X | ThirtyThreePercntTestsCY509 |
Schedule D IRS990ScheduleD
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 68503 | OtherCostOrOtherBasis |
| Depreciation | 68503 | Depreciation |
| Book Value | 0 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 198297 | OtherCostOrOtherBasis |
| Depreciation | 159301 | Depreciation |
| Book Value | 38996 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 215766 | OtherCostOrOtherBasis |
| Depreciation | 143440 | Depreciation |
| Book Value | 72326 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 111322 | TotalOfBookValueLandBuildings |
| Total Revenue | 8153196 | TotalRevenue |
| Total Expenses | 7626143 | TotalExpenses |
| Excess Or Deficit For Year | 527053 | ExcessOrDeficitForYear |
| Donated Services And Facilities | -10122 | DonatedServicesAndFacilities |
| Other | -$187,875 | OtherAmount |
| Total Adjustments | -197997 | TotalAdjustments |
| Excess Or Deficit Per FS | 329056 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 8153196 | TotRevenueEtcAuditedFinclStmt |
| Revenue Not Rptd F990 | 0 | RevenueNotRptdF990 |
| Revenue Subtotal | 8153196 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 8153196 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 7824140 | TotExpensesEtcAuditedFinclStmt |
| Donated Services Use Of Facilities | 10122 | DonatedServicesUseOfFacilities |
| Other Expenses Included | 187875 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 197997 | ExpensesNotRptdF990 |
| Expenses Subtotal | 7626143 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 7626143 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | PART X: | THE INSTITUTE HAS BEEN DETERMINED TO BE EXEMPT FROM FEDERAL AND STATE INCOME TAXES PURSUANT TO SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND SECTION 23701(D) OF THE CALIFORNIA REVENUE AND TAXATION CODE. IN ADDITION, THE INSTITUTE HAS BEEN DETERMINED BY THE INTERNAL REVENUE SERVICE NOT TO BE A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509(A) OF THE INTERNAL REVENUE CODE. MANAGEMENT EVALUATED THE INSTITUTE'S TAX POSITIONS AND CONCLUDED THAT THE INSTITUTE HAD MAINTAINED ITS TAX-EXEMPT STATUS AND HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS. THEREFORE, NO PROVISIONS OR LIABILITY FOR INCOME TAXES HAS BEEN INCLUDED IN THE FINANCIAL STATEMENTS. WITH FEW EXCEPTIONS, THE INSTITUTE IS NO LONGER SUBJECT TO INCOME TAX EXAMINATION BY TAX AUTHORITIES FOR TAX YEARS BEFORE 2007. |
| PART XI, LINE 8 - OTHER ADJUSTMENTS: | ACCRUED INCENTIVE COMPENSATION -187,875. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | X | CompensationCommittee |
| Independent Consultant | X | IndependentConsultant |
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 1 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (8 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| MARINA GORBIS | |||||||||||||
| 240620 | 0 | 9531 | 0 | 0 | 0 | 25722 | 0 | 22456 | 0 | 298329 | 0 | 0 | 0 |
| RODRIGO FALCON | |||||||||||||
| 163779 | 0 | 9672 | 0 | 0 | 0 | 17242 | 0 | 7625 | 0 | 198318 | 0 | 0 | 0 |
| JEAN HAGAN | |||||||||||||
| 142247 | 0 | 9800 | 0 | 0 | 0 | 15577 | 0 | 22315 | 0 | 189939 | 0 | 0 | 0 |
| ROBERT JOHANSEN | |||||||||||||
| 219222 | 0 | 10985 | 0 | 0 | 0 | 23044 | 0 | 14797 | 0 | 268048 | 0 | 0 | 0 |
| KATHLEEN VIAN | |||||||||||||
| 162703 | 0 | 11311 | 0 | 0 | 0 | 17159 | 0 | 14691 | 0 | 205864 | 0 | 0 | 0 |
| MICHAEL SEAN NESS | |||||||||||||
| 198580 | 0 | 3936 | 0 | 0 | 0 | 8421 | 0 | 12729 | 0 | 223666 | 0 | 0 | 0 |
| DAWN ALVA | |||||||||||||
| 144925 | 0 | 3500 | 0 | 0 | 0 | 7273 | 0 | 22307 | 0 | 178005 | 0 | 0 | 0 |
| LYN JEFFERY | |||||||||||||
| 133665 | 0 | 5000 | 0 | 0 | 0 | 13500 | 0 | 21716 | 0 | 173881 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Reference | PART I, LINE 5 | ReturnReference |
| Explanation | THE INCENTIVE COMPENSATION PLAN TAKES INTO CONSIDERATION THE OVERALL ORGANIZATIONAL AND STAFF PERFORMANCE GOALS. AS PART OF THE PLAN, THE ORGANIZATION MUST MEET ITS ANNUAL BUDGETARY GOALS AS APPROVED BY THE BOARD OF TRUSTEES, WHICH INCLUDES MEETING OR EXCEEDING FUNDING, REVENUE, AND NET ASSET GOALS. IT IS DETERMINED AT EACH ANNUAL MEETING THE AMOUNT TO BE ACCRUED AS PART THE ANNUAL BUDGET, AS WELL AS REVIEW AND APPROVE THE ORGANIZATIONAL PROPOSAL FOR DISTRIBUTION OF THE PRIOR YEAR'S INCENTIVE COMPENSATION ACCRUAL POOL. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (6 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| FORM 990, PART VI, SECTION B, LINE 11 | THE AUDIT COMMITTEE REVIEWED THE DRAFT FORM 990 AND MET IN ORDER TO PROVIDE A FORUM TO ASK ANY QUESTIONS OF THE DIRECTOR OF FINANCE, EXECUTIVE DIRECTOR, OR THE TAX PREPARATION ORGANIZATION. THE AUDIT COMMITTEE CHAIR THEN PROVIDED THE DRAFT DOCUMENT TO THE FULL BOARD FOR REVIEW AND APPROVAL. UPON APPROVAL OF THE BOARD, THE BOARD CHAIRMAN DIRECTED THE DIRECTOR OF FINANCE TO FINALIZE AND TO FILE THE FINALIZED FORM 990 AND ANY OTHER REQUIRED DOCUMENTATION. | |
| FORM 990, PART VI, SECTION B, LINE 12C | IFTF DIRECTORS, OFFICERS, KEY EMPLOYEES, ALL STAFF, AND CONTRACTORS SIGN A NONDISCLOSURE AGREEMENT CONTAINING A CONFLICT OF INTEREST POLICY. STAFF AND CONTRACTORS ARE REQUIRED TO INFORM IFTF OF POTENTIAL CONFLICTS. THE ORGANIZATION EMPLOYS A STRONG WEB PROCESS TO SEARCH FOR OUTSIDE ARTICLES/INFORMATION AND UTILIZES STRONG STAFF COMMUNICATIONS TO MONITOR ANY ISSUES. IFTF PROGRAM DIRECTORS AND RESEARCH MANAGERS WORK DIRECTLY WITH CONSULTANTS TO UNDERSTAND THEIR OUTSIDE PROJECTS AND NOTIFY MANAGEMENT ACCORDINGLY. IFTF BOARD MEMBERS ARE DIRECTED BY A CHARTER AND ROLES AND RESPONSIBILITIES DOCUMENTATION MAINTAINING CONFLICTS OF INTEREST AS WELL AS WHISTLEBLOWER POLICIES. | |
| FORM 990, PART VI, SECTION B, LINE 15 | EXECUTIVE DIRECTOR (CEO) COMPENSATION IS DETERMINED AND APPROVED BY THE BOARD OF TRUSTEES UPON COMPLETION OF EXECUTIVE DIRECTOR'S ANNUAL REVIEW WITH THE BOARD. IN 2011, AND INDEPENDENT CONSULTANT PERFORMED A COMPENSATION STUDY TO DETERMINE IF ORGANIZATIONAL SALARIES FOR THE EXECUTIVE DIRECTOR, MANAGEMENT TEAM, AND RESEARCH STAFF WERE IN-LINE WITH OTHER NONPROFITS AND/OR SIMILAR RESEARCH ORGANIZATIONS. OUTSIDE SURVEYS, INTERVIEWS, AND OTHER REGIONAL BENCHMARKS WERE USED AS A COMPARATIVE BASE. A PROPOSAL IS ALSO PROVIDED TO THE BOARD AS PART OF THE ANNUAL MEETING'S YEARLY BUDGET APPROVAL PROCESS BY THE BOARD, INCLUDING FULL STAFF SALARIES AND INCENTIVE COMPENSATION ACCRUALS AND DISTRIBUTIONS. NO SALARY INCREASES OR INCENTIVE COMPENSATION IS PAID OUT WITHOUT THE BOARD APPROVAL OF THE PROPOSAL. THE BOARD MAINTAINS THE RIGHT TO ASK FOR ANY ADJUSTMENTS TO THE PROPOSAL. | |
| FORM 990, PART VI, SECTION C, LINE 19 | FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, AND GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST. | |
| FORM 990, PART III: AS PART OF FUNCTIONAL EXPENSES, GENERAL ADMINISTRATION AND MANAGEMENT COSTS ARE REALLOCATED TO ALL DIRECT BILLED PROJECTS AS A PERCENTAGE OF TOTAL OVERHEAD COSTS APPLIED TO ALL LABOR AND FRINGE BENEFIT COSTS. AS AN EXAMPLE, WHEREAS THE DIRECT PROJECT COST FOR THE TECHNOLOGY HORIZONS PROGRAM SHOWS DIRECT EXPENDITURES AT $472,115 (DIRECT LABOR, FRINGE, AND OTHER DIRECT COSTS), IT DOES NOT SHOW THE APPLIED OVERHEAD ALLOCATION OF ALL GENERAL ADMINISTRATION AND MANAGEMENTS TO THE PROJECT OF APPROXIMATELY $558,350, BRINGING THE ACTUAL COST TO RUN THE PROJECT AT $1,030,465. THE OVERHEAD ALLOCATION IS APPLIED TO THE PROJECT AT EACH PAYROLL PERIOD AS PART OF A JOB COST ALLOCATION, AND IT IS ADJUSTED ACCORDINGLY. | ||
| FORM 990, PART XI, LINE 5: | DONATED SERVICES AND USE OF FACILITIES: -10,122. ACCRUED INCENTIVE COMPENSATION -187,875. TOTAL TO FORM 990, PART XI, LINE 5: -197,997. | CHANGES IN NET ASSETS OR FUND BALANCES: |
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