Feusa INC FY2022 filing

Tax-deductible

Washington, DC501(c)(3)Since 2007Human ServicesEIN 26-1640637Revenue $426K in FY2022

On file with the IRSfamilyenterpriseusa.com712 H St Ne Suite 1330, 20002-3627 · Washington, DCTax-exempt since Mar 2008Publicly supported charity — 170(b)(1)(A)(vi)

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Family enterprise USA promotes family business creation, growth, viability, and sustainability by advocating for family businesses and their lifetime of savings with congress in washington DC. Feusa represents and celebrates all sizes, professions and industries of family-owned enterprises and multi-generational employers.

501(c)(3) charity; gifts are tax-deductible.
60¢ of each $1 spent went to programs.
$53K 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

FY2022 · 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
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 6
filings with a surplus
Average surplus $61K a year · 13% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
60%
of spending
Worth a look: 60% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$53K
to officers and key staff · 15% of spending
Looks good: pay to officers and key staff is 15% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
9 mo
of spending, in cash
Looks good: 9.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
6
named funders · $84K
Looks good: 6 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
0
of 8 voting members
Concern: none of 8 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$426K
+40% vs prior year
Spent
$349K
To programs
60%
Net assets
$264K
By yearFY2020–FY2025
Revenue
$426K
FY2022▲ +40%
Tap a bar for its year
Revenue by fiscal year
FY2020$223K
FY2021$305K
FY2022$426K
FY2023$509K
FY2024$639K
FY2025$784K
Expenses
$349K
FY2022▲ +40%
Tap a bar for its year
Expenses by fiscal year
FY2020$179K
FY2021$250K
FY2022$349K
FY2023$532K
FY2024$599K
FY2025$611K
Net assets
$264K
FY2022▲ +41%
Tap a bar for its year
Net assets by fiscal year
FY2020$132K
FY2021$187K
FY2022$264K
FY2023$241K
FY2024$280K
FY2025$452K

From the FY2022 Form 990 · see the original

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You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Mar 2008.

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

Where the money goes

60 cents of each dollar spent went to programs.

Program services 60% · $210K Management & general 22% · $78K Fundraising 18% · $61K

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

10 people listed on the 990; $53K paid to officers and key staff.

Part VII, Section A · reportable compensation
President, Director
$44,000Pt VII · Sec A
Former Treasurer, Assist Secretary
$8,635Pt VII · Sec A
Secretary, Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Patricia M Soldano’s $63K as President, Director is at the 52nd percentile of top reported officer pay among 2167 $100K–1M human services 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 · 2 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Patricia M Soldano$63,000$55,400$53,400$44,000$40,000$50,000
Sharon Kerr———$8,635$13,577$11,680

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.

See Feusa 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

Educates the public, policymakers, and media about family enterprise issues.

Questions for Feusa INC

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Provided by the organization

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1 program · $210K · in their own filed words · FY2022
01

As the nation's only nonprofit organization focused on a broad range of issues that affect family firms' continuity, feusa promotes an accurate and positive public image of family firms, highlights their contributions to our society and economy and educates the public.

$210Kprogram 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
See all 6 funders →

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$426K
Ln 12
Gifts and grantsLn 1h$301K
Fees for servicesLn 2g$125K
Investment incomeLn 3$49
Money outPt IX
$349K
Ln 25
Programscol B$210K
Managementcol C$78K
Fundraisingcol D$61K
Owns and owesPt X
$264K
net assets · Ln 32
Cash and savingsLn 1–2$264K
Total assetsLn 16$264K
LiabilitiesLn 26$0
PeoplePt VI, VII
10
listed · VII A
PaidVII A2
Voting boardVI 1a8
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$301K
Fees for servicesLn 2g$125K
Investment incomeLn 3$49
Total revenueLn 12$426K
Assets in detailPt X, end of year
CashLn 1$264K
Cash and savings togetherLn 1–2$264K
Total assetsLn 16$264K
LiabilitiesLn 26$0
Net assetsLn 32$264K
OperationsPt I, VI
EmployeesI 50
VolunteersI 610
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 FY22End FY22
Cash and savingsLn 1–2$190K$264K
Total assetsLn 16$190K$264K
LiabilitiesLn 26$2K$0
Net assetsLn 32$187K$264K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$44K$15K$15K$15K
Pay of disqualified personsLn 6$9K$9K
Legal feesLn 11b$7K$7K
Accounting feesLn 11c$19K$19K
Other fees for servicesLn 11g$207K$150K$20K$37K
Advertising and promotionLn 12$6K$6K
Office expensesLn 13$3K$3K
Information technologyLn 14$5K$5K
TravelLn 17$21K$11K$10K
Conferences, conventions and meetingsLn 19$2K$2K
InsuranceLn 23$4K$4K
Other expenses (24a–d)Ln 24$24K$20K$4K
Total functional expensesLn 25$349K$210K$78K$61K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $784K$611K$172K$452K 990 PDF
FY2024 $639K$599K$39K$280K 990 PDF
FY2023 $509K$532K−$24K$241K 990 PDF
FY2022 Viewing $426K$349K$77K$264K 990 PDF
FY2021 $305K$250K$56K$187K 990 PDF
FY2020 $223K$179K$44K$132K 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 FY2022 990 (6 parts)
Part I · Summary $425,999 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $230,325$300,950
I-9 Program service revenuePrior year $75,000$125,000
I-10 Investment incomePrior year $18$49
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $305,343$425,999
I-13 Grants and similar amounts paidPrior year $592$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $53,577$52,635
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $195,653$296,459
I-18 Total expensesPrior year $249,822$349,094
I-19 Revenue less expensesPrior year $55,521$76,905
Part VI · Governance 0 of 8 board members independent, 1 to look at
VI-1a Voting members of the governing body8
VI-1b Independent voting members0
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 $425,999 across 5 lines filed
VIII-1f All other contributions, gifts and grants$300,950
VIII-1h Total contributions, gifts and grants$300,950
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $125,000$125,000
VIII-3 Investment incomeExcluded from tax $49$49
VIII-12 Total revenueRelated to mission $125,000 · Unrelated business $0 · Excluded from tax $49$425,999
Part IX · Statement of functional expenses $349,094 across 12 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $14,667 · Management $14,666 · Fundraising $14,667$44,000
IX-6 Pay of disqualified personsManagement $8,635$8,635
IX-11b Legal feesPrograms $6,759$6,759
IX-11c Accounting feesManagement $18,762$18,762
IX-11g Other fees for servicesPrograms $150,375 · Management $20,337 · Fundraising $36,750$207,462
IX-12 Advertising and promotionPrograms $5,503$5,503
IX-13 Office expensesManagement $2,906$2,906
IX-14 Information technologyManagement $4,718$4,718
IX-17 TravelPrograms $11,415 · Fundraising $9,759$21,174
IX-19 Conferences, conventions and meetingsPrograms $1,580$1,580
IX-23 InsuranceManagement $3,739$3,739
IX-24 Other expenses (24a–d)Programs $19,777 · Management $4,079$23,856
IX-25 Total functional expensesPrograms $210,076 · Management $77,842 · Fundraising $61,176$349,094
Part X · Balance sheet $264,397 assets, 6 lines filed
X-1 Cash, non-interest-bearingStart of year $189,980$264,397
X-16 Total assetsStart of year $189,980$264,397
X-26 Total liabilitiesStart of year $2,488$0
X-27 Net assets without donor restrictionsStart of year $187,492$264,397
X-32 Total net assets or fund balancesStart of year $187,492$264,397
X-33 Total liabilities and net assetsStart of year $189,980$264,397
Part XI · Reconciliation of net assets $264,397 net assets at year end
XI-1 Total revenue$425,999
XI-2 Total expenses$349,094
XI-3 Revenue less expenses$76,905
XI-4 Net assets at start of year$187,492
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$264,397

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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