Policy Studies Organization FY2023 filing

Tax-deductible

Springfield, IL501(c)(3)Public & Societal BenefitEIN 23-7163011

See Federal Supporting Statement Number 42 attachment.

501(c)(3) charity; gifts are tax-deductible.
61¢ of each $1 spent went to programs.
$240K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2023 · 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 $193K a year · 19% of revenue · last 5 filings
Concern: a surplus in 1 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
61%
of spending
Worth a look: 61% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$240K
to officers and key staff · 16% of spending
Fine: pay to officers and key staff is 16% of spending; 15% to 20%.
Pt VII · Sec A
Cash reserves
<1 mo
of spending, in cash
Concern: 0.4 months of spending in cash; under 2 weeks.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $100K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$996K
293% of total assets
Concern: liabilities are 293% of assets; over 80%.
Pt X · Ln 26
Independent board members
5
of 6 voting members
Looks good: 5 of 6 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.0M
+4% vs prior year
Spent
$1.5M
To programs
61%
Net assets
−$656K
By yearFY2020–FY2024
Revenue
$1.0M
FY2023▲ +4%
Revenue by fiscal year
FY2020$889K
FY2021$945K
FY2022$1.0M
FY2023$1.0M
FY2024$1.3M
Expenses
$1.5M
FY2023▲ +17%
Expenses by fiscal year
FY2020$1.0M
FY2021$911K
FY2022$1.3M
FY2023$1.5M
FY2024$1.4M
Net assets
−$656K
FY2023▼ -248%
Net assets by fiscal year
FY2020$65K
FY2021$99K
FY2022−$189K
FY2023−$656K
FY2024−$785K

From the FY2023 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2023 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 Feb 1973.

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

Where the money goes

61 cents of each dollar spent went to programs.

Program services 61% · $918K Management & general 39% · $597K

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

Who runs it and what they're paid

12 people listed on the 990; $240K paid to officers and key staff.

Part VII, Section A · reportable compensation
$120,000Pt VII · Sec A
$120,000Pt VII · Sec A
President
$0Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A

Daniel Gutierrez-Sandoval’s $120K as Exec Dir/Sec is at the 33rd percentile of top reported officer pay among 731 $1–10M public & societal benefit nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Daniel Gutierrez-Sandoval$120,000$120,000$99,750$48,000$48,000
Rex H Kallembach———$25,000$20,000
Angela Matysiak——$6,688——

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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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

Provides federal support and services to those in need.

Provided by the organization

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4 program services account for $1.7M of program spending, described in the organization's own filed words · FY2023.
01

Journals

Journals remain the main source of income for the organization, specifically those that are published on our behalf by wiley and sage (sage during 2023 but no longer in 2024). As such, a main concern is to continue driving growth in terms of output and readership.

$637Kprogram expense
02

Journals

Income from journals keeps growing because of the trend towards open access. They are valued as intangible assets at 2.6 million, per a report by a valuation firm in 2022 available at: HTTPS://BIT.LY/3YHMTNA. See schedule o.

$637Kprogram expense
03

Conferences

The conferences are meant to promote and support our journals by enlarging the potential networks of researchers looking for academic platforms to publish their research, reflected in the increase in articles submitted and articles published in the journals year after year.

$220Kprogram expense
04

Events

All conferences are co-sponsored by american public university system, and they produce book publications, journal special issues, and video recordings, some of which are sold by sage. See schedule o.

$220Kprogram expense

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Funders

Who pays for it.

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

Grants

Schedule I · received and paid
Grants received · FY2020
Total grants receivedfrom 1 funder$100K
Grants paid · 6 grants · $1.1M · 2020–2024
Unitemized GrantFY2024$161,100
Unitemized GrantFY2023$245,275
Unitemized GrantFY2023$245,275
Unitemized GrantFY2022$322,405
Unitemized GrantFY2021$79,737
Unitemized GrantFY2020$66,077

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$1.0M
Ln 12
Fees for servicesLn 2g$1.0M
Gifts and grantsLn 1h$15K
Investment incomeLn 3$115
Money outPt IX
$1.5M
Ln 25
Programscol B$918K
Managementcol C$597K
Owns and owesPt X
−$656K
net assets · Ln 32
Cash and savingsLn 1–2$55K
Total assetsLn 16$341K
LiabilitiesLn 26$996K
PeoplePt VI, VII
12
listed · VII A
PaidVII A2
Voting boardVI 1a6
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$15K
Fees for servicesLn 2g$1.0M
Investment incomeLn 3$115
Total revenueLn 12$1.0M
Assets in detailPt X, end of year
Cash and savings togetherLn 1–2$55K
Total assetsLn 16$341K
LiabilitiesLn 26$996K
Net assetsLn 32−$656K
OperationsPt I, VI
EmployeesI 53
VolunteersI 614
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $1.3M$1.4M−$129K−$785K 990 PDF
FY2023 Viewing $1.0M$1.5M−$467K−$656K 990 PDF
FY2022 $1.0M$1.3M−$287K−$189K 990 PDF
FY2021 $945K$911K$34K$99K 990 PDF
FY2020 $889K$1.0M−$118K$65K 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

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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