Common Ground Committee INC

Tax-deductible

Wilton, CT501(c)(3)Community DevelopmentEIN 27-3307423Revenue $604K in FY2023

On file with the IRScommongroundcommittee.org11 Surrey Gln, 06897-2122 · Wilton, CTTax-exempt since Jul 2021Private operating foundation

Tell your story. Claim this org

501(c)(3) charity; gifts are tax-deductible.
$228K paid to officers and key staff.
Status: IRS Pub. 78 · Pay: Part VII

Before you give

FY2023 · Form 990-PFIndependent: 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
FY2023
latest Form 990-PF
Fine: the latest return is for FY2023, 3 tax years back; within 3 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 4
filings with a surplus
Average deficit $125K a year · 8% of revenue · last 4 filings
Worth a look: a surplus in 2 of the last 4 filings.
990-PF Pt I · 4 filings
Pay to officers and key staff
$228K
to officers and key staff · 13% of spending
Looks good: pay to officers and key staff is 13% of spending; 15% or less.
990-PF Pt VIII
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
4
named funders · $24K
Looks good: 4 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$41K
55% of total assets
Fine: liabilities are 55% of assets; 50% to 65%.
990-PF Pt II
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$604K
-75% vs prior year
Spent
$1.8M
Net assets
$33K
By yearFY2020–FY2023
Revenue
$604K
FY2023▼ -75%
Tap a bar for its year
Revenue by fiscal year
FY2020$1.4M
FY2021$2.0M
FY2022$2.5M
FY2023$604K
Expenses
$1.8M
FY2023▼ -19%
Tap a bar for its year
Expenses by fiscal year
FY2020$1.5M
FY2021$1.5M
FY2022$2.2M
FY2023$1.8M
Net assets
$33K
FY2023▼ -97%
Tap a bar for its year
Net assets by fiscal year
FY2020$438K
FY2021$966K
FY2022$1.2M
FY2023$33K

From the FY2023 Form 990 · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2023. IRS ruling in Jul 2021.

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

Where the money goes

What each dollar paid for.

Grants & contributions paid 0% · $500 Operating & administrative 100% · $1.8M

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

Something off? Claim to fix it

Who runs it and what they're paid

10 people listed on the 990-PF; $228K paid to officers and key staff.

Part VII, Section A · reportable compensation
CFO and Board Treasurer
$113,994Pt VII · Sec A
CEO and Board Chairman
$113,562Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member (as of 10/21/23)
$0Pt VII · Sec A

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2023FY2021
Bruce Bond$113,562$137,283
Erik Olsen$113,994$121,020

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 Common Ground Committee INC executive salaries →

On this list? Claim this org

Something off? Claim to fix it

Programs and updates

A private foundation based in Wilton, CT.

Questions for Common Ground Committee INC

Tap to ask. Common Ground Committee INC sees how many people are interested.

Your first name shows with your question. Common Ground Committee INC answers here, for everyone.

Provided by the organization

Know this org? Add your story

Grants and how to apply

Who it funds, and how to ask.

Who They Fund

Part XV · grants paid · 1 grant · $500 · 2023–2023
First Church of Christ ScientistFY2023$500

Grantmaking Profile

Patterns in foundation giving
Average grantPart XV$500
Median grantPart XV$500
Largest grantPart XV$500

By the numbers

The FY2023 990-PF, line by line.

1The main four
Money in
$604K
Gifts and grants$604K
Investment income$76
Money out
$1.8M
Grants paid$500
Running costs$1.8M
Owns and owes
$33K
net assets
Cash and savings$66K
Total assets$74K
Liabilities$41K
People
10
listed
Paid2
2In more detail
Revenue in detail
Gifts and grants$604K
Investment income$76
Total revenue$604K
Assets in detailEnd of year
Cash and savings together$66K
Total assets$74K
Liabilities$41K
Net assets$33K
Operations
Fiscal year endsDecember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2023 Latest Viewing $604K$1.8M−$1.2M$33K 990 PDF
FY2022 $2.5M$2.2M$244K$1.2M 990 PDF
FY2021 $2.0M$1.5M$528K$966K 990 PDF
FY2020 $1.4M$1.5M−$95K$438K 990 PDF

More to add? Claim this org

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

Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.