Accord Network FY2023 filing

Tax-deductible

Washington, DC501(c)(3)EIN 52-1130135

To support Christian relief and development organizations in fulfilling their exempt purpose.

501(c)(3) charity; gifts are tax-deductible.
87¢ of each $1 spent went to programs.
$195K 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

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
Is it a real charity?
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
Are gifts tax-deductible?
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Is it filing on time?
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 years looks good.
IRS e-file · Filing history
Is it financially stable?
4 of 5
years in the black
Worth a look: 1 of the last 5 filings shows a deficit.
Pt I · Ln 19 · 5 filings
How much reaches the programs?
87%
of spending
Looks good: 87% of spending went to programs; 75% or more looks good.
Pt IX · Ln 25 · col B
What are leaders paid?
$195K
to officers and key staff · 35% of spending
Concern: leaders' pay is 35% of spending; over 30% is a concern.
Pt VII · Sec A
Do they have reserves?
6 mo
of spending, in cash
Looks good: 6.2 months of spending in cash; 3 or more looks good.
Pt X · Ln 1–2 · Pt I · Ln 18
Who is supporting them already?
1
named funder · $200
Worth a look: 1 funder names it on their filings; under 3 is worth a look.
Funders’ Sch. I, 990-PF
Do they carry debt?
$6K
liabilities
Looks good: debts are 2% of assets; 50% or less looks good.
Pt X · Ln 26
Who oversees it?
9
independent of 10 voting board members
Looks good: 9 of 10 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodWorth a lookConcernTap a box for the reason.
Revenue
$489K
-18% vs prior year
Spent
$555K
To programs
87%
Net assets
$304K
By yearFY2020–FY2024
Revenue
$489K
FY2023▼ -18%
Revenue by fiscal year
FY2020$356K
FY2021$380K
FY2022$599K
FY2023$489K
FY2024$619K
Expenses
$555K
FY2023▲ +19%
Expenses by fiscal year
FY2020$299K
FY2021$323K
FY2022$464K
FY2023$555K
FY2024$544K
Net assets
$304K
FY2023▼ -18%
Net assets by fiscal year
FY2020$179K
FY2021$236K
FY2022$370K
FY2023$304K
FY2024$379K

From the FY2023 Form 990 · see the original

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You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →

Status and standing

Is it real, and can you give to it?

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Filed FY2024 (typical filing lag)
Legal name (IRS)Hdr · item CAccord Network
EINHdr · item D52-1130135
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFOct 1980
Latest filingForm 990FY2024 · Form 990
Principal addressHdr · item CWashington, DC
NTEE classificationIRS BMFNonprofit
WebsiteHdr · item Jwww.accordnetwork.org

Where the money goes

What each dollar paid for.

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.87 Management & general $0.12 Fundraising $0.01
Program services87%$484K
Management & general12%$67K
Fundraising1%$4K
Total functional expensesLn 25$555K

Financial health

Is it on solid ground?

Program efficiency
87%
of spending reaches programs
Operating runway
6.2mo
months of highly liquid reserves at operating expense rate
Surplus margin
-13%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Total assets
$310K
FY2023▼ -24%
Total assets by fiscal year
FY2020$243K
FY2021$272K
FY2022$409K
FY2023$310K
FY2024$388K
Total liabilities
$6K
FY2023▼ -85%
Total liabilities by fiscal year
FY2020$65K
FY2021$36K
FY2022$38K
FY2023$6K
FY2024$9K
Revenue less expensesPt I · Ln 19−$66K
Total assetsPt X · Ln 16$310K
Program-expense ratioPt IX · col B87%
Voting members of governing bodyPt I · Ln 310
Independent voting membersPt I · Ln 49

Balance Sheet

Part X · end of year
CashLn 1$286K
Total assetsLn 16$310K
Total liabilitiesLn 26$6K
Total net assetsLn 32$304K
Months of cash on handcomputed6.2

Statement of Revenue

Part VIII
Program service revenue$456K · 93%
Contributions & grants$21K · 4%
Investment income$11K · 2%
Program service revenue93%$456K
Contributions & grants4%$21K
Investment income2%$11K
Total revenueLn 12$489K

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $286K · Operating expenses/yr $555K
6.2 months
Where the money goes
Program services
Program services $484K · Total expenses $555K
87%
Management & General
Management & general $67K · Total expenses $555K
12%
Fundraising
Fundraising $4K · Total expenses $555K
0.8%
Cost to raise $1
Fundraising expense (3-yr avg) $4K · Solicited contributions (3-yr avg) $74K
$0.05 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $21K · Total revenue $489K
4%
Government reliance
Government grants — · Total revenue $489K
—
Earned-income share
Program service revenue $456K · Total revenue $489K
93%
Investment reliance
Investment income $11K · Total revenue $489K
+2%
Program self-sufficiency
Program service revenue $456K · Total expenses $555K
82%
Growth & trend
Revenue growth (YoY)
This year $489K · Prior year $599K
-18%
Net-asset trend (YoY)
End of year $304K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $489K · Expenses $555K
-13%
Liabilities-to-Assets
Total liabilities — · Total assets $310K
—
Net-asset ratio
Net assets $304K · Total assets $310K
98%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $310K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Nell Becker-Sweeden · Reported title Chair · Highest reported compensation $0 · Total expenses $555K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $230K · Total expenses $555K
41%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 87%——
Overhead ratio 12%——
Fundraising cost ratio 20%——
Revenue growth -18%——
Legal fee ratio 0.1%——
Accounting fee ratio 1%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Leadership and pay

Who runs it, and what are they paid?

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Former President
$195,003Pt VII · Sec A
Vice-Chair
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

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

NameFY2024FY2023FY2022FY2021FY2020
Chad Hayward—$195,003$135,901$130,455$127,705
Michael Cerna$130,227————

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 Accord Network executive salaries →

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Governance & Policies

Part VI
  • 10Voting board membersPt VI · Ln 1a
  • 9Independent board membersPt VI · Ln 1b
  • Conflict-of-interest policyPt VI · Ln 12aYes
  • Whistleblower policyPt VI · Ln 13Yes
  • Document retention policyPt VI · Ln 14Yes
  • Top official’s pay independently reviewedPt VI · Ln 15aYes
  • Family or business ties among leadersPt VI · Ln 2No

Mission and programs

What it does.

Empowers Christian relief and development groups to achieve their missions.

Provided by the organization

This section is blank until Accord Network claims this page.

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Mission & Programs · Part III

Where the work happens

3 program services account for $484K of program spending, described in the organization's own filed words · FY2023.
01

Member Services

The Organization provides an online information source for members to post and gather information related to their exempt purposes. In addition, the Organization holds conference calls with experts who can share information related to the exempt purposes of member organizations.

$370Kprogram expense
02

Conference

The Organization hosts an annual conference bringing Christ-centered organizations together to support and enhance their capacity to fulfill their missions.

$82Kprogram expense
03

Executive Retreats

The Organization hosts executive retreats where leaders of the member organizations discuss solutions to their biggest challenges in a collaborative environment.

$31Kprogram expense

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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 1 funder$200
Grants paid · 2 grants · $12K · 2020–2020
Tearfund USA INCMD · FY2020$5,500

Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2024 Latest $619K$544K+27% 990 PDF
FY2023 Viewing $489K$555K-18% 990 PDF
FY2022 $599K$464K+58% 990 PDF
FY2021 $380K$323K+7% 990 PDF
FY2020 $356K$299K 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

Full filing: Form 990 for FY2023

Every line we hold from the return, cited to its Part and line.
Part IX · Statement of functional expenses $554,552 across 11 lines filed
IX-1 Grants to domestic organizationsPrograms $2,775$2,775
IX-5 Pay of current officers, directors and key staffPrograms $193,759 · Management $17,223 · Fundraising $4,306$215,288
IX-9 Other employee benefitsPrograms $1,534 · Management $170$1,704
IX-10 Payroll taxesPrograms $11,484 · Management $1,276$12,760
IX-11b Legal feesManagement $750$750
IX-11c Accounting feesManagement $7,425$7,425
IX-11g Other fees for servicesPrograms $140,317 · Management $15,590$155,907
IX-13 Office expensesManagement $15,996$15,996
IX-17 TravelPrograms $18,919 · Management $2,102$21,021
IX-19 Conferences, conventions and meetingsPrograms $113,170$113,170
IX-24e All other expensesPrograms $1,650 · Management $6,106$7,756
IX-25 Total functional expensesPrograms $483,608 · Management $66,638 · Fundraising $4,306$554,552

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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