Board Strong INC FY2020 filing

Tax-deductible

New York, NY501(c)(3)EIN 13-2708480Revenue $190K in FY2020

On file with the IRSboardstrong.org500 7th Avenue, 10018-4502 · New York, NYTax-exempt since Jun 1972Publicly supported — 509(a)(2)

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To help nonprofit organizations achieve the highest standards of Board leadership, governance and oversight. This is done by providing nonprofit Board training, consultation and educational resources. There is also an online recruitment platform that helps organizations find talented Board candidates from outside their networks.

501(c)(3) charity; gifts are tax-deductible.
87¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 5
filings with a surplus
Average deficit $17K a year · 9% of revenue · last 5 filings
Concern: a surplus in 1 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
87%
of spending
Looks good: 87% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
5 mo
of spending, in cash
Looks good: 5.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $15K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$37K
31% of total assets
Looks good: liabilities are 31% of assets; 50% or less.
Pt X · Ln 26
Independent board members
16
of 16 voting members
Looks good: 16 of 16 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$190K
Spent
$206K
To programs
87%
Net assets
$82K
By yearFY2020–FY2024
Revenue
$190K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$190K
FY2021$210K
FY2022$143K
FY2023$205K
FY2024$219K
Expenses
$206K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$206K
FY2021$192K
FY2022$217K
FY2023$215K
FY2024$221K
Net assets
$82K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$82K
FY2021$100K
FY2022$26K
FY2023$16K
FY2024$14K

From the FY2020 Form 990 · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jun 1972.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

87 cents of each dollar spent went to programs.

Program services 87% · $180K Management & general 11% · $23K Fundraising 2% · $3K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

20 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
See Board Strong INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Trains and connects nonprofits with skilled board members to improve leadership and governance.

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Provided by the organization

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2 programs · $180K · in their own filed words · FY2020
01

Technical Assistance

In addition to the online services of BOARDNETUSA.ORG, board strong, inc. Offers a personalized "high- touch" consultation-style board recruitment and placement service tailored to meet a nonprofit organization's specific needs and the specific needs of volunteers seeking to serve.

$122Kprogram expense
02

The online program of board strong serves board candidates and nonprofits nationally and throughout new york state using e-learning and our digital matching program. The program, using two web sites, BOARDNETUSA.ORG and BOARDSTRONG.ORG (formerly CHARITYSTRONG.ORG), connects people with boards and provides new and experienced board…

$58Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$15K

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$190K
Ln 12
Gifts and grantsLn 1h$162K
Fees for servicesLn 2g$19K
Other incomeLn 4–11$9K
Money outPt IX
$206K
Ln 25
Programscol B$180K
Managementcol C$23K
Fundraisingcol D$3K
Owns and owesPt X
$82K
net assets · Ln 32
Cash and savingsLn 1–2$92K
Total assetsLn 16$119K
LiabilitiesLn 26$37K
PeoplePt VI, VII
20
listed · VII A
PaidVII A0
Voting boardVI 1a16
IndependentVI 1b16
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$162K
Fees for servicesLn 2g$19K
Other incomeLn 4–11$9K
Total revenueLn 12$190K
Assets in detailPt X, end of year
CashLn 1$92K
Cash and savings togetherLn 1–2$92K
Other assetsLn 15$4K
Total assetsLn 16$119K
LiabilitiesLn 26$37K
Net assetsLn 32$82K
OperationsPt I, VI
EmployeesI 50
VolunteersI 618
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$70K$92K
Total assetsLn 16$142K$119K
LiabilitiesLn 26$44K$37K
Net assetsLn 32$98K$82K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Accounting feesLn 11c$6K$5K$452$56
Other fees for servicesLn 11g$131K$112K$16K$3K
Advertising and promotionLn 12$3K$3K$212$27
Office expensesLn 13$34K$32K$2K$128
OccupancyLn 16$25K$23K$2K$249
TravelLn 17$2K$1K$570
Conferences, conventions and meetingsLn 19$195$182$12$1
InterestLn 20$23$23
InsuranceLn 23$4K$3K$929$31
Other expenses (24a–d)Ln 24$1K$454$728$43
Total functional expensesLn 25$206K$180K$23K$3K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $219K$221K−$2K$14K 990 PDF
FY2023 $205K$215K−$10K$16K 990 PDF
FY2022 $143K$217K−$74K$26K 990 PDF
FY2021 $210K$192K$17K$100K 990 PDF
FY2020 Viewing $190K$206K−$15K$82K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2020 990 (6 parts)
Part I · Summary $190,459 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $228,673$161,670
I-9 Program service revenuePrior year $48,330$19,342
I-10 Investment income$0
I-11 Other revenuePrior year $9,233$9,447
I-12 Total revenuePrior year $286,236$190,459
I-13 Grants and similar amounts paidPrior year $10,000$0
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $297,532$205,921
I-18 Total expensesPrior year $307,532$205,921
I-19 Revenue less expensesPrior year −$21,296−$15,462
Part VI · Governance 16 of 16 board members independent, 1 to look at
VI-1a Voting members of the governing body16
VI-1b Independent voting members16
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $190,459 across 5 lines filed
VIII-1f All other contributions, gifts and grants$161,670
VIII-1h Total contributions, gifts and grants$161,670
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $19,342$19,342
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $9,447$9,447
VIII-12 Total revenueRelated to mission $28,789$190,459
Part IX · Statement of functional expenses $205,921 across 10 lines filed
IX-11c Accounting feesPrograms $5,142 · Management $452 · Fundraising $56$5,650
IX-11g Other fees for servicesPrograms $112,118 · Management $16,168 · Fundraising $2,660$130,946
IX-12 Advertising and promotionPrograms $2,663 · Management $212 · Fundraising $27$2,902
IX-13 Office expensesPrograms $31,637 · Management $1,870 · Fundraising $128$33,635
IX-16 OccupancyPrograms $22,662 · Management $1,992 · Fundraising $249$24,903
IX-17 TravelPrograms $1,431 · Management $570$2,001
IX-19 Conferences, conventions and meetingsPrograms $182 · Management $12 · Fundraising $1$195
IX-20 InterestManagement $23$23
IX-23 InsurancePrograms $3,481 · Management $929 · Fundraising $31$4,441
IX-24 Other expenses (24a–d)Programs $454 · Management $728 · Fundraising $43$1,225
IX-25 Total functional expensesPrograms $179,770 · Management $22,956 · Fundraising $3,195$205,921
Part X · Balance sheet $119,229 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $70,122$92,322
X-4 Accounts receivableStart of year $59,482$21,309
X-9 Prepaid expenses and deferred chargesStart of year $8,764$1,548
X-15 Other assetsStart of year $4,050$4,050
X-16 Total assetsStart of year $142,418$119,229
X-17 Accounts payable and accrued expensesStart of year $29,498$17,877
X-19 Deferred revenueStart of year $15,000$18,894
X-26 Total liabilitiesStart of year $44,498$36,771
X-27 Net assets without donor restrictionsStart of year $59,256$47,371
X-28 Net assets with donor restrictionsStart of year $38,664$35,087
X-32 Total net assets or fund balancesStart of year $97,920$82,458
X-33 Total liabilities and net assetsStart of year $142,418$119,229
Part XI · Reconciliation of net assets $82,458 net assets at year end
XI-1 Total revenue$190,459
XI-2 Total expenses$205,921
XI-3 Revenue less expenses−$15,462
XI-4 Net assets at start of year$97,920
XI-10 Net assets at end of year$82,458

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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