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.
59¢ of each $1 spent went to programs.
$131K 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
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
59%
of spending
Worth a look: 59% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$131K
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
7 mo
of spending, in cash
Looks good: 6.7 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
$27K
5% of total assets
Looks good: liabilities are 5% of assets; 50% or less.
Pt X · Ln 26
Independent board members
12
of 12 voting members
Looks good: 12 of 12 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$613K
-33% vs prior year
Spent
$812K
To programs
59%
Net assets
$460K
By yearFY2020–FY2024
Revenue
$613K
FY2022▼ -33%
Tap a bar for its year
Revenue by fiscal year
FY2020$589K
FY2021$908K
FY2022$613K
FY2023$596K
FY2024$1.5M
Expenses
$812K
FY2022▲ +42%
Tap a bar for its year
Expenses by fiscal year
FY2020$620K
FY2021$572K
FY2022$812K
FY2023$814K
FY2024$1.2M
Net assets
$460K
FY2022▼ -30%
Tap a bar for its year
Net assets by fiscal year
FY2020$324K
FY2021$660K
FY2022$460K
FY2023$307K
FY2024$583K

From the FY2022 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2022 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

59 cents of each dollar spent went to programs.

Program services 59% · $479K Management & general 21% · $170K Fundraising 20% · $162K

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

13 people listed on the 990; $131K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$131,211Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$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 →

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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

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

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Provided by the organization

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1 program · $479K · in their own filed words · FY2022
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.

$479Kprogram 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 FY2022 990, line by line.

1The main four
Money inPt VIII
$613K
Ln 12
Gifts and grantsLn 1h$612K
Investment incomeLn 3$305
Money outPt IX
$812K
Ln 25
Programscol B$479K
Managementcol C$170K
Fundraisingcol D$162K
Owns and owesPt X
$460K
net assets · Ln 32
Cash and savingsLn 1–2$454K
Total assetsLn 16$487K
LiabilitiesLn 26$27K
PeoplePt VI, VII
13
listed · VII A
PaidVII A1
Voting boardVI 1a12
IndependentVI 1b12
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$612K
Government grantsLn 1e$180K
Noncash giftsLn 1g$1K
Investment incomeLn 3$305
Total revenueLn 12$613K
Assets in detailPt X, end of year
CashLn 1$454K
Cash and savings togetherLn 1–2$454K
Land, buildings, equipmentLn 10c$2K
Other assetsLn 15$31K
Total assetsLn 16$487K
LiabilitiesLn 26$27K
Net assetsLn 32$460K
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 FY22End FY22
Cash and savingsLn 1–2$656K$454K
Land, buildings, equipmentLn 10c$525$2K
Total assetsLn 16$660K$487K
LiabilitiesLn 26$0$27K
Net assetsLn 32$660K$460K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$131K$85K$25K$21K
Other salaries and wagesLn 7$272K$137K$62K$72K
Other employee benefitsLn 9$30K$15K$7K$8K
Payroll taxesLn 10$31K$17K$7K$7K
Accounting feesLn 11c$35K$35K
Other fees for servicesLn 11g$66K$30K$37K
Advertising and promotionLn 12$10K$10K
Office expensesLn 13$12K$12K
OccupancyLn 16$31K$18K$6K$7K
TravelLn 17$26K$17K$9K
Depreciation, depletion and amortizationLn 22$576$576
InsuranceLn 23$2K$2K
Other expenses (24a–d)Ln 24$165K$159K$5K
Total functional expensesLn 25$812K$479K$170K$162K

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 Viewing $613K$812K−$199K$460K 990 PDF
FY2021 $908K$572K$335K$660K 990 PDF
FY2020 $589K$620K−$30K$324K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2022 990 (6 parts)
Part I · Summary $612,656 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $910,741$612,351
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year −$3,056$305
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $907,685$612,656
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 $425,204$463,595
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $147,176$348,286
I-18 Total expensesPrior year $572,380$811,881
I-19 Revenue less expensesPrior year $335,305−$199,225
Part VI · Governance 12 of 12 board members independent, 3 to look at
VI-1a Voting members of the governing body12
VI-1b Independent voting members12
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 $612,656 across 6 lines filed
VIII-1e Government grants$179,659
VIII-1f All other contributions, gifts and grants$432,692
VIII-1g Noncash contributions (included above)$1,049
VIII-1h Total contributions, gifts and grants$612,351
VIII-3 Investment incomeExcluded from tax $305$305
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $305$612,656
Part IX · Statement of functional expenses $811,881 across 13 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $85,287 · Management $24,930 · Fundraising $20,994$131,211
IX-7 Other salaries and wagesPrograms $137,175 · Management $62,229 · Fundraising $72,233$271,637
IX-9 Other employee benefitsPrograms $15,306 · Management $6,603 · Fundraising $8,103$30,012
IX-10 Payroll taxesPrograms $16,966 · Management $6,644 · Fundraising $7,125$30,735
IX-11c Accounting feesManagement $35,044$35,044
IX-11g Other fees for servicesPrograms $29,738 · Fundraising $36,663$66,401
IX-12 Advertising and promotionFundraising $10,042$10,042
IX-13 Office expensesManagement $12,377$12,377
IX-16 OccupancyPrograms $17,766 · Management $5,965 · Fundraising $7,322$31,053
IX-17 TravelPrograms $17,300 · Management $8,730$26,030
IX-22 Depreciation, depletion and amortizationManagement $576$576
IX-23 InsuranceManagement $1,839$1,839
IX-24 Other expenses (24a–d)Programs $159,491 · Management $5,433$164,924
IX-25 Total functional expensesPrograms $479,029 · Management $170,370 · Fundraising $162,482$811,881
Part X · Balance sheet $487,209 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $656,059$454,001
X-10c Land, buildings and equipment, netStart of year $525$1,929
X-15 Other assetsStart of year $3,054$31,279
X-16 Total assetsStart of year $659,638$487,209
X-25 Other liabilitiesStart of year $0$26,796
X-26 Total liabilitiesStart of year $0$26,796
X-27 Net assets without donor restrictionsStart of year $561,072$345,942
X-28 Net assets with donor restrictionsStart of year $98,566$114,471
X-32 Total net assets or fund balancesStart of year $659,638$460,413
X-33 Total liabilities and net assetsStart of year $659,638$487,209
Part XI · Reconciliation of net assets $460,413 net assets at year end
XI-1 Total revenue$612,656
XI-2 Total expenses$811,881
XI-3 Revenue less expenses−$199,225
XI-4 Net assets at start of year$659,638
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$460,413

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

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