Presidential Precinct FY2020 filing

Tax-deductible

Charlottesvle, VA501(c)(3)InternationalEIN 46-1084540Revenue $589K in FY2020

On file with the IRSpresidentialprecinct.org427 Park St, 22902-4737 · Charlottesvle, VATax-exempt since Aug 2013Publicly supported charity — 170(b)(1)(A)(vi)

This page gets seen. Tell your story. Claim this org.

From the birthplace of modern democracy, we engage and inspire emerging leaders to address the most pressing challenges in their countries.

501(c)(3) charity; gifts are tax-deductible.
65¢ of each $1 spent went to programs.
$152K 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

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
2 of 5
filings with a surplus
Average surplus $33K a year · 4% of revenue · last 5 filings
Worth a look: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
65%
of spending
Worth a look: 65% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$152K
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
Cash reserves
6 mo
of spending, in cash
Looks good: 6.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
8
named funders · $550K
Looks good: 8 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
10
of 10 voting members
Looks good: 10 of 10 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$589K
Spent
$620K
To programs
65%
Net assets
$324K
By yearFY2020–FY2024
Revenue
$589K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$589K
FY2021$908K
FY2022$613K
FY2023$596K
FY2024$1.5M
Expenses
$620K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$620K
FY2021$572K
FY2022$812K
FY2023$814K
FY2024$1.2M
Net assets
$324K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$324K
FY2021$660K
FY2022$460K
FY2023$307K
FY2024$583K

From the FY2020 Form 990 · figures checked against the IRS filing · see the original

Give Claim
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 Aug 2013.

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

Where the money goes

65 cents of each dollar spent went to programs.

Program services 65% · $401K Management & general 19% · $120K Fundraising 16% · $99K

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

Something off? The org can add a note here. Claim this org to fix it.

Who runs it and what they're paid

11 people listed on the 990; $152K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$152,400Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A

Toyosi Ogunseye’s $215K as Executive Director is at the 80th percentile of top reported officer pay among 1168 $1–10M international 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
Toyosi Ogunseye$215,000$109,511———
Neal Piper——$131,211$123,901$152,400
Tracy Delgado$103,200————

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 Presidential Precinct executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Claim this org to fix it.

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

Inspires emerging leaders to tackle global challenges from democracy's birthplace.

Questions for Presidential Precinct

Tap to ask. Presidential Precinct sees how many people are interested.

Your first name shows with your question. Presidential Precinct answers here, for everyone.

Provided by the organization

Know this organization? Claim it to add your story

1 program · $401K · in their own filed words · FY2020
01

The precinct empowers the next generation of global leaders through a collaboration with some of the brightest minds and most historic resources in the united states. The precinct is a unique partnership that includes the university of virginia, the college of william and mary, monticello, montpelier, highland, and morven.

$401Kprogram 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 8 funders →

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$589K
Ln 12
Gifts and grantsLn 1h$587K
Investment incomeLn 3$3K
Money outPt IX
$620K
Ln 25
Programscol B$401K
Managementcol C$120K
Fundraisingcol D$99K
Owns and owesPt X
$324K
net assets · Ln 32
Cash and savingsLn 1–2$319K
Total assetsLn 16$324K
LiabilitiesLn 26$0
PeoplePt VI, VII
11
listed · VII A
PaidVII A1
Voting boardVI 1a10
IndependentVI 1b10
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$587K
Government grantsLn 1e$138K
Noncash giftsLn 1g$159K
Investment incomeLn 3$3K
Total revenueLn 12$589K
Assets in detailPt X, end of year
CashLn 1$319K
Cash and savings togetherLn 1–2$319K
Land, buildings, equipmentLn 10c$3K
Other assetsLn 15$3K
Total assetsLn 16$324K
LiabilitiesLn 26$0
Net assetsLn 32$324K
OperationsPt I, VI
EmployeesI 56
VolunteersI 612
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
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$307K$319K
Land, buildings, equipmentLn 10c$7K$3K
Total assetsLn 16$347K$324K
LiabilitiesLn 26$0$0
Net assetsLn 32$347K$324K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$152K$107K$20K$26K
Other salaries and wagesLn 7$279K$196K$39K$44K
Other employee benefitsLn 9$35K$26K$4K$5K
Payroll taxesLn 10$33K$23K$5K$5K
Accounting feesLn 11c$27K$27K
Other fees for servicesLn 11g$17K$12K$6K
Advertising and promotionLn 12$10K$10K
Office expensesLn 13$4K$4K
OccupancyLn 16$24K$18K$3K$3K
TravelLn 17$3K$871$2K
Depreciation, depletion and amortizationLn 22$5K$5K
InsuranceLn 23$2K$2K
Other expenses (24a–d)Ln 24$28K$19K$9K
Total functional expensesLn 25$620K$401K$120K$99K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $1.5M$1.2M$276K$583K 990 PDF
FY2023 $596K$814K−$218K$307K 990 PDF
FY2022 $613K$812K−$199K$460K 990 PDF
FY2021 $908K$572K$335K$660K 990 PDF
FY2020 Viewing $589K$620K−$30K$324K 990 PDF

Want to add your own materials alongside these filings? 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
See the full FY2020 990 (6 parts)
Part I · Summary $589,391 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $568,500$586,676
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $411$2,715
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $568,911$589,391
I-13 Grants and similar amounts paidPrior year $2,814$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $274,015$499,420
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $235,424$120,105
I-18 Total expensesPrior year $512,253$619,525
I-19 Revenue less expensesPrior year $56,658−$30,134
Part VI · Governance 10 of 10 board members independent, 3 to look at
VI-1a Voting members of the governing body10
VI-1b Independent voting members10
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
VI-12a Written conflict of interest policyYes
Part VIII · Statement of revenue $589,391 across 6 lines filed
VIII-1e Government grants$137,523
VIII-1f All other contributions, gifts and grants$449,153
VIII-1g Noncash contributions (included above)$159,283
VIII-1h Total contributions, gifts and grants$586,676
VIII-3 Investment incomeExcluded from tax $2,715$2,715
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $2,715$589,391
Part IX · Statement of functional expenses $619,525 across 13 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $106,680 · Management $19,812 · Fundraising $25,908$152,400
IX-7 Other salaries and wagesPrograms $195,587 · Management $39,233 · Fundraising $43,965$278,785
IX-9 Other employee benefitsPrograms $26,144 · Management $4,239 · Fundraising $4,946$35,329
IX-10 Payroll taxesPrograms $23,067 · Management $4,507 · Fundraising $5,332$32,906
IX-11c Accounting feesManagement $26,920$26,920
IX-11g Other fees for servicesPrograms $11,700 · Fundraising $5,510$17,210
IX-12 Advertising and promotionFundraising $9,776$9,776
IX-13 Office expensesManagement $4,447$4,447
IX-16 OccupancyPrograms $17,752 · Management $2,879 · Fundraising $3,358$23,989
IX-17 TravelPrograms $871 · Management $1,823$2,694
IX-22 Depreciation, depletion and amortizationManagement $5,073$5,073
IX-23 InsuranceManagement $1,661$1,661
IX-24 Other expenses (24a–d)Programs $19,141 · Management $9,194$28,335
IX-25 Total functional expensesPrograms $400,942 · Management $119,788 · Fundraising $98,795$619,525
Part X · Balance sheet $324,333 assets, 8 lines filed
X-1 Cash, non-interest-bearingStart of year $306,938$318,725
X-10c Land, buildings and equipment, netStart of year $6,950$2,513
X-15 Other assetsStart of year $3,147$3,095
X-16 Total assetsStart of year $347,117$324,333
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $347,117$324,333
X-32 Total net assets or fund balancesStart of year $347,117$324,333
X-33 Total liabilities and net assetsStart of year $347,117$324,333
Part XI · Reconciliation of net assets $324,333 net assets at year end
XI-1 Total revenue$589,391
XI-2 Total expenses$619,525
XI-3 Revenue less expenses−$30,134
XI-4 Net assets at start of year$347,117
XI-5 Net unrealized gains (losses) on investments$6,476
XI-8 Prior period adjustments$874
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$324,333

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

Similar organizations you could support · 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.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

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.