Chiefs for Change FY2021 filing

Tax-deductible

Washington, DC501(c)(3)Since 2014EducationEIN 47-2373903Revenue $22.1M in FY2021

On file with the IRSchiefsforchange.org1455 Pennsylvania Ave Nw Ste 400-31, 20004-1017 · Washington, DCTax-exempt since Mar 2015Publicly supported charity — 170(b)(1)(A)(vi)

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Build a diverse community of state and local education Chiefs dedicated to our shared vision and support them in ways that maximize the success of their efforts.

501(c)(3) charity; gifts are tax-deductible.
97¢ of each $1 spent went to programs.
$1.3M 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

FY2021 · 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 deficit $743K a year · 5% of revenue · last 5 filings
Concern: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
97%
of spending
Looks good: 97% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$1.3M
to officers and key staff · 6% of spending
Looks good: pay to officers and key staff is 6% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
17 mo
of spending, in cash
Looks good: 16.6 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
4
named funders · $1.7M
Looks good: 4 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$19.4M
65% of total assets
Fine: liabilities are 65% of assets; 50% to 65%.
Pt X · Ln 26
Independent board members
4
of 5 voting members
Looks good: 4 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$22.1M
+96% vs prior year
Spent
$21.0M
To programs
97%
Net assets
$10.6M
By yearFY2020–FY2024
Revenue
$22.1M
FY2021▲ +96%
Tap a bar for its year
Revenue by fiscal year
FY2020$11.3M
FY2021$22.1M
FY2022$24.3M
FY2023$13.6M
FY2024$7.4M
Expenses
$21.0M
FY2021▲ +104%
Tap a bar for its year
Expenses by fiscal year
FY2020$10.3M
FY2021$21.0M
FY2022$25.2M
FY2023$16.3M
FY2024$9.5M
Net assets
$10.6M
FY2021▲ +11%
Tap a bar for its year
Net assets by fiscal year
FY2020$9.5M
FY2021$10.6M
FY2022$9.7M
FY2023$6.7M
FY2024$4.8M

From the FY2021 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2021 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 Mar 2015.

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

Where the money goes

97 cents of each dollar spent went to programs.

Program services 97% · $20.3M Management & general 2% · $491K Fundraising 1% · $168K

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; $1.3M paid to officers and key staff.

Part VII, Section A · reportable compensation
$320,886Pt VII · Sec A
Chief External Affairs Officer
$224,842Pt VII · Sec A
COO (thru 07/14/21)
$140,171Pt VII · Sec A
Dir. of Memberships & Future Chiefs
$133,938Pt VII · Sec A
Sen. Dir. of Finance and Operations
$133,835Pt VII · Sec A
Director of Communications
$125,670Pt VII · Sec A
Senior Associate of Memberships
$110,087Pt VII · Sec A
Sen. Assoc. of Advocacy and Policy
$105,457Pt VII · Sec A

Robert Runcie’s $328K as CEO is at the 97th percentile of top reported officer pay among 3395 $1–10M education 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 · 8 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Robert Runcie$328,000$109,333$208,930——
Michael Magee——$103,399$320,886$256,523
Leila Walsh—$196,147$235,160$224,842$206,902
Julia Rafal-Baer———$140,171$234,218
Dale Schmidt$174,078$204,660———
Kimberly Tang$195,721$193,138$154,417$133,938$116,612
Jamar Knox—$161,906$191,295$133,835—
Shayla Faye Cannady$188,978————

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.

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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 15aYes

Programs and updates

Connects and supports state and local education leaders to improve student success.

Questions for Chiefs for Change

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Provided by the organization

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1 program · $20.3M · in their own filed words · FY2021
01

Chiefs for change is a nonprofit, bipartisan network of diverse state and district education chiefs dedicated to preparing all students for today's world and tomorrow's through deeply committed leadership.

$20.3Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 4 funders$1.7M
See all 4 funders →
Grants paid · 23 grants · $2.1M · 2020–2022
Tulsa Public Schools District-1FY2022$166,665
Phoenix Union High School DistrictFY2022$166,665
Poudre School District R-1FY2022$166,665
Henry County SchoolsFY2022$30,000
Smithson Craighead Academy Charter SchoolTN · FY2022$10,000
Stem Preparatory AcademyTN · FY2022$10,000
Republic Schools NashvilleTN · FY2022$10,000
Clarksville-Montgomery County School SystemFY2021$100,000
Aldine Independent School DistrictFY2021$100,000
Ector CountyFY2020$150,000
Guilford Education AllianceOK · FY2020$125,000
City Year INCMA · FY2020$100,000
See all 23 grants →

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$22.1M
Ln 12
Gifts and grantsLn 1h$20.0M
Fees for servicesLn 2g$2.0M
Investment incomeLn 3$18K
Money outPt IX
$21.0M
Ln 25
Programscol B$20.3M
Managementcol C$491K
Fundraisingcol D$168K
Owns and owesPt X
$10.6M
net assets · Ln 32
Cash and savingsLn 1–2$29.0M
Total assetsLn 16$30.0M
LiabilitiesLn 26$19.4M
PeoplePt VI, VII
13
listed · VII A
PaidVII A8
Voting boardVI 1a5
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$20.0M
Fees for servicesLn 2g$2.0M
Investment incomeLn 3$18K
Total revenueLn 12$22.1M
Assets in detailPt X, end of year
CashLn 1$20.9M
SavingsLn 2$8.2M
Cash and savings togetherLn 1–2$29.0M
Land, buildings, equipmentLn 10c$928
Total assetsLn 16$30.0M
LiabilitiesLn 26$19.4M
Net assetsLn 32$10.6M
OperationsPt I, VI
EmployeesI 521
VolunteersI 65
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 FY21End FY21
Cash and savingsLn 1–2$9.0M$29.0M
Land, buildings, equipmentLn 10c$5K$928
Total assetsLn 16$9.9M$30.0M
LiabilitiesLn 26$384K$19.4M
Net assetsLn 32$9.5M$10.6M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$250K$250K
Pay of current officers, directors and key staffLn 5$809K$721K$4K$84K
Other salaries and wagesLn 7$1.4M$1.3M$36K$67K
Pension plan contributionsLn 8$43K$41K$1K$1K
Other employee benefitsLn 9$194K$183K$4K$6K
Payroll taxesLn 10$147K$135K$3K$9K
Legal feesLn 11b$132K$132K
Accounting feesLn 11c$70K$70K
Lobbying feesLn 11d$30K$30K
Other fees for servicesLn 11g$17.2M$17.1M$105K
Office expensesLn 13$207K$131K$76K
Conferences, conventions and meetingsLn 19$374K$318K$57K
InterestLn 20$14$14
Depreciation, depletion and amortizationLn 22$4K$4K
Other expenses (24a–d)Ln 24$63K$62K$250
Total functional expensesLn 25$21.0M$20.3M$491K$168K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $7.4M$9.5M−$2.1M$4.8M 990 PDF
FY2023 $13.6M$16.3M−$2.8M$6.7M 990 PDF
FY2022 $24.3M$25.2M−$886K$9.7M 990 PDF
FY2021 Viewing $22.1M$21.0M$1.1M$10.6M 990 PDF
FY2020 $11.3M$10.3M$962K$9.5M 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 FY2021 990 (6 parts)
Part I · Summary $22,072,365 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $10,489,799$20,012,822
I-9 Program service revenuePrior year $705,801$2,041,637
I-10 Investment incomePrior year $72,261$17,906
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $11,267,861$22,072,365
I-13 Grants and similar amounts paidPrior year $800,000$250,000
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $2,300,582$2,639,109
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $7,204,959$18,094,590
I-18 Total expensesPrior year $10,305,541$20,983,699
I-19 Revenue less expensesPrior year $962,320$1,088,666
Part VI · Governance 4 of 5 board members independent, 2 to look at
VI-1a Voting members of the governing body5
VI-1b Independent voting members4
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $22,072,365 across 5 lines filed
VIII-1f All other contributions, gifts and grants$20,012,822
VIII-1h Total contributions, gifts and grants$20,012,822
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $2,041,637$2,041,637
VIII-3 Investment incomeExcluded from tax $17,906$17,906
VIII-12 Total revenueRelated to mission $2,041,637 · Unrelated business $0 · Excluded from tax $17,906$22,072,365
Part IX · Statement of functional expenses $20,983,699 across 15 lines filed
IX-1 Grants to domestic organizationsPrograms $250,000$250,000
IX-5 Pay of current officers, directors and key staffPrograms $721,205 · Management $3,875 · Fundraising $84,105$809,185
IX-7 Other salaries and wagesPrograms $1,342,294 · Management $36,273 · Fundraising $67,402$1,445,969
IX-8 Pension plan contributionsPrograms $40,982 · Management $1,286 · Fundraising $1,026$43,294
IX-9 Other employee benefitsPrograms $183,299 · Management $4,312 · Fundraising $6,141$193,752
IX-10 Payroll taxesPrograms $135,304 · Management $2,553 · Fundraising $9,052$146,909
IX-11b Legal feesManagement $132,184$132,184
IX-11c Accounting feesManagement $69,993$69,993
IX-11d Lobbying feesPrograms $30,000$30,000
IX-11g Other fees for servicesPrograms $17,110,174 · Management $104,583$17,214,757
IX-13 Office expensesPrograms $131,417 · Management $75,545$206,962
IX-19 Conferences, conventions and meetingsPrograms $317,695 · Management $56,565$374,260
IX-20 InterestPrograms $14$14
IX-22 Depreciation, depletion and amortizationManagement $3,690$3,690
IX-24 Other expenses (24a–d)Programs $62,480 · Management $250$62,730
IX-25 Total functional expensesPrograms $20,324,864 · Management $491,109 · Fundraising $167,726$20,983,699
Part X · Balance sheet $30,000,112 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $876,658$20,865,079
X-2 Savings and temporary cash investmentsStart of year $8,133,960$8,151,817
X-3 Pledges and grants receivableStart of year $630,000$578,000
X-4 Accounts receivableStart of year $241,403$44,020
X-9 Prepaid expenses and deferred chargesStart of year $33,180$360,268
X-10c Land, buildings and equipment, netStart of year $4,618$928
X-16 Total assetsStart of year $9,919,819$30,000,112
X-17 Accounts payable and accrued expensesStart of year $384,348$1,640,797
X-19 Deferred revenueStart of year $0$17,735,178
X-26 Total liabilitiesStart of year $384,348$19,375,975
X-27 Net assets without donor restrictionsStart of year $5,969,034$8,597,378
X-28 Net assets with donor restrictionsStart of year $3,566,437$2,026,759
X-32 Total net assets or fund balancesStart of year $9,535,471$10,624,137
X-33 Total liabilities and net assetsStart of year $9,919,819$30,000,112
Part XI · Reconciliation of net assets $10,624,137 net assets at year end
XI-1 Total revenue$22,072,365
XI-2 Total expenses$20,983,699
XI-3 Revenue less expenses$1,088,666
XI-4 Net assets at start of year$9,535,471
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$10,624,137

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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