The Talent Board FY2020 filing

Santa Cruz, CAUnknown exempt organization EIN 45-1168557Revenue $587K in FY2020

On file with the IRSthetalentboard.org849 Almar Ave No C-157 · Santa Cruz, CA

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The Talent board's mission is to improve the experience of employment candidates during the recruiting process. The Talent Board gathers research through an annual industry award (the candidate experience awards) process that produces benchmark research.

23¢ of each $1 spent went to programs.
$148K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Programs: Part IX · Pay: Part VII

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FY2020 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2023
latest Form 990
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 $23K a year · 3% of revenue · last 4 filings
Worth a look: a surplus in 2 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
23%
of spending
Concern: 23% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$148K
to officers and key staff · 25% of spending
Worth a look: pay to officers and key staff is 25% of spending; over 20%.
Pt VII · Sec A
3 mo
of spending, in cash
Fine: 2.9 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$46K
32% of total assets
Looks good: liabilities are 32% of assets; 50% or less.
Pt X · Ln 26
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$587K
Spent
$583K
To programs
23%
Net assets
$98K
By yearFY2020–FY2023
Revenue
$587K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$587K
FY2021$879K
FY2022$800K
FY2023$533K
Expenses
$583K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$583K
FY2021$690K
FY2022$933K
FY2023$686K
Net assets
$98K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$98K
FY2021$287K
FY2022$153K
FY2023$0

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 (FY2023) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2023.

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

Where the money goes

23 cents of each dollar spent went to programs.

Program services 23% · $132K Management & general 73% · $424K Fundraising 5% · $26K

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

4 people listed on the 990; $148K paid to officers and key staff.

Part VII, Section A · reportable compensation
$148,000Pt VII · Sec A
Chairperson
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2023FY2022FY2021FY2020
Kevin W Grossman$215,902$240,092$175,600$148,000

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 The Talent Board 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

Improves candidate recruiting experiences through research and awards.

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Provided by the organization

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1 program · $132K · in their own filed words · FY2020
01

The annual candidate experience awards were produced by the talent board with the goal of improving the employment candidate experience. The awards were based on a survey-based evaluation process that included three rounds. Numerous corporations applied for the award and candidate surveys were collected in the process.

$132Kprogram expense

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$587K
Ln 12
Gifts and grantsLn 1h$587K
Money outPt IX
$583K
Ln 25
Programscol B$132K
Managementcol C$424K
Fundraisingcol D$26K
Owns and owesPt X
$98K
net assets · Ln 32
Cash and savingsLn 1–2$139K
Total assetsLn 16$144K
LiabilitiesLn 26$46K
PeoplePt VI, VII
4
listed · VII A
PaidVII A1
Voting boardVI 1a0
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$587K
Total revenueLn 12$587K
Assets in detailPt X, end of year
CashLn 1$139K
Cash and savings togetherLn 1–2$139K
Other assetsLn 15$0
Total assetsLn 16$144K
LiabilitiesLn 26$46K
Net assetsLn 32$98K
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$108K$139K
Total assetsLn 16$112K$144K
LiabilitiesLn 26$19K$46K
Net assetsLn 32$94K$98K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$148K$148K
Other salaries and wagesLn 7$81K$81K
Other employee benefitsLn 9$15K$15K
Payroll taxesLn 10$17K$17K
Accounting feesLn 11c$39K$39K
Other fees for servicesLn 11g$111K$111K
Advertising and promotionLn 12$26K$26K
Office expensesLn 13$14K$14K
Other expenses (24a–d)Ln 24$132K$132K
Total functional expensesLn 25$583K$132K$424K$26K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2023 Latest $533K$686K−$153K$0 990 PDF
FY2022 $800K$933K−$134K$153K 990 PDF
FY2021 $879K$690K$189K$287K 990 PDF
FY2020 Viewing $587K$583K$4K$98K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants O · Explanations
See the full FY2020 990 (6 parts)
Part I · Summary $586,846 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $714,036$586,846
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $714,036$586,846
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $313,955$260,303
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $394,894$322,240
I-18 Total expensesPrior year $708,849$582,543
I-19 Revenue less expensesPrior year $5,187$4,303
Part VI · Governance 4 to look at
VI-1a Voting members of the governing body0
VI-1b Independent voting members0
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $586,846 across 3 lines filed
VIII-1f All other contributions, gifts and grants$586,846
VIII-1h Total contributions, gifts and grants$586,846
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$586,846
Part IX · Statement of functional expenses $582,543 across 9 lines filed
IX-5 Pay of current officers, directors and key staffManagement $148,000$148,000
IX-7 Other salaries and wagesManagement $80,639$80,639
IX-9 Other employee benefitsManagement $14,974$14,974
IX-10 Payroll taxesManagement $16,690$16,690
IX-11c Accounting feesManagement $39,000$39,000
IX-11g Other fees for servicesManagement $111,262$111,262
IX-12 Advertising and promotionFundraising $26,462$26,462
IX-13 Office expensesManagement $13,806$13,806
IX-24 Other expenses (24a–d)Programs $131,710$131,710
IX-25 Total functional expensesPrograms $131,710 · Management $424,371 · Fundraising $26,462$582,543
Part X · Balance sheet $143,682 assets, 8 lines filed
X-1 Cash, non-interest-bearingStart of year $107,624$139,058
X-9 Prepaid expenses and deferred chargesStart of year $4,624$4,624
X-15 Other assetsStart of year $20$0
X-16 Total assetsStart of year $112,268$143,682
X-25 Other liabilitiesStart of year $18,722$45,833
X-26 Total liabilitiesStart of year $18,722$45,833
X-32 Total net assets or fund balancesStart of year $93,546$97,849
X-33 Total liabilities and net assetsStart of year $112,268$143,682
Part XI · Reconciliation of net assets $97,849 net assets at year end
XI-1 Total revenue$586,846
XI-2 Total expenses$582,543
XI-3 Revenue less expenses$4,303
XI-4 Net assets at start of year$93,546
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$97,849

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

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