Narfe Parent DO Not Change Address FY2022 filing

Not tax-deductible

Alexandria, VA501(c)(5)Since 1921Mutual / membership EIN 53-0114700Revenue $8.7M in FY2022

On file with the IRSnarfe.org606 N Washington St, 22314-1914 · Alexandria, VATax-exempt since Oct 1963

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Protect & improve the retirement benefits of federal retirees, employees, and their families.

501(c)(5) labor or agricultural organization; gifts are not tax-deductible as charitable contributions.
$1.1M paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Pay: Part VII

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FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(5)
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
No
Donations are not tax-deductible
Worth a look: the IRS does not list 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
4 of 5
filings with a surplus
Average surplus $645K a year · 7% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Pay to officers and key staff
$1.1M
to officers and key staff · 13% of spending
Looks good: pay to officers and key staff is 13% of spending; 15% or less.
Pt VII · Sec A
2 mo
of spending, in cash
Plus $8.0M in investments, Pt X · Ln 11–13
Fine: 2.5 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$4.5M
37% of total assets
Looks good: liabilities are 37% of assets; 50% or less.
Pt X · Ln 26
Independent board members
0
of 13 voting members
Concern: none of 13 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$8.7M
-7% vs prior year
Spent
$8.2M
Net assets
$7.7M
By yearFY2020–FY2024
Revenue
$8.7M
FY2022▼ -7%
Tap a bar for its year
Revenue by fiscal year
FY2020$8.9M
FY2021$9.4M
FY2022$8.7M
FY2023$8.3M
FY2024$7.8M
Expenses
$8.2M
FY2022▼ -2%
Tap a bar for its year
Expenses by fiscal year
FY2020$8.3M
FY2021$8.4M
FY2022$8.2M
FY2023$7.0M
FY2024$8.1M
Net assets
$7.7M
FY2022▼ -15%
Tap a bar for its year
Net assets by fiscal year
FY2020$8.1M
FY2021$9.1M
FY2022$7.7M
FY2023$9.8M
FY2024$9.8M

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

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Oct 1963.

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

Who runs it and what they're paid

17 people listed on the 990; $1.1M paid to officers and key staff.

Part VII, Section A · reportable compensation
Staff Vice President
$174,929Pt VII · Sec A
Executive Director-Until 05/15/2022
$150,106Pt VII · Sec A
National President
$132,954Pt VII · Sec A
Staff Vice President
$125,282Pt VII · Sec A
National Secretary/Treasur
$118,927Pt VII · Sec A
Director-Until 10/21/2022
$107,364Pt VII · Sec A
Regional Vice President
$27,028Pt VII · Sec A
Regional Vice President
$27,028Pt VII · Sec A

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Barbara Sido——$150,106$276,589$253,104
Johann De Castro$134,761$204,744$174,929$163,471$148,313
Jessica Klement———$166,508$157,483
Helen Mosher———$155,228$118,438
John Hatton$140,717$131,706$125,282$122,190—
William Shackelford$133,033$127,073$27,028$28,110$27,750
Kenneth J Thomas——$132,954$129,581$128,067
Kathryn E Hensley$119,062$117,873$118,927$115,849$114,544

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

Advocates for federal retirees' retirement benefits and their families' well-being.

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Provided by the organization

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3 programs · in their own filed words · FY2022
01

Federal benefits and retirement plans are unique, complex and subject to change. Narfe provides both federal workers and retirees with the clear, reliable and accessible counsel they need to make critical decisions and gain confidence in a secure future.

Pt IX · col B
02

Membership dues support the exempt purpose of the organization by delivering information and resources, in both print and digital formats, designed for the federal community. Legislative and benefits experts provide insight and guidance that enable members to understand and maximize their federal benefits and advocate on behalf of…

Pt IX · col B
03

Narfe's advocacy program is advanced in congress and in the administration by a team of registered lobbyists backed by an informed network of grassroots activists in every state and congressional district, as well as a member-supported political action committee.

Pt IX · col B

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$8.7M
Ln 12
Fees for servicesLn 2g$6.3M
Gifts and grantsLn 1h$1.5M
Other incomeLn 4–11$641K
Money outPt IX
$8.2M
Ln 25
Owns and owesPt X
$7.7M
net assets · Ln 32
Cash and savingsLn 1–2$1.7M
Total assetsLn 16$12.2M
LiabilitiesLn 26$4.5M
PeoplePt VI, VII
17
listed · VII A
PaidVII A17
Voting boardVI 1a13
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.5M
Fees for servicesLn 2g$6.3M
Investment incomeLn 3$273K
Other incomeLn 4–11$641K
Gains on assetsLn 7−$39K
Total revenueLn 12$8.7M
Assets in detailPt X, end of year
CashLn 1$1.6M
SavingsLn 2$78K
Cash and savings togetherLn 1–2$1.7M
InvestmentsLn 11–13$8.0M
Land, buildings, equipmentLn 10c$2.3M
Total assetsLn 16$12.2M
LiabilitiesLn 26$4.5M
Net assetsLn 32$7.7M
OperationsPt I, VI
EmployeesI 552
VolunteersI 67,200
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$1.2M$1.7M
InvestmentsLn 11–13$9.5M$8.0M
Land, buildings, equipmentLn 10c$2.5M$2.3M
Total assetsLn 16$13.5M$12.2M
LiabilitiesLn 26$4.4M$4.5M
Net assetsLn 32$9.1M$7.7M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$867K
Other salaries and wagesLn 7$2.2M
Pension plan contributionsLn 8$61K
Other employee benefitsLn 9$360K
Payroll taxesLn 10$239K
Accounting feesLn 11c$37K
Lobbying feesLn 11d$102K
Professional fundraising feesLn 11e$505K
Other fees for servicesLn 11g$610K
Advertising and promotionLn 12$299K
Office expensesLn 13$1.6M
Information technologyLn 14$181K
OccupancyLn 16$191K
Conferences, conventions and meetingsLn 19$485K
Depreciation, depletion and amortizationLn 22$197K
InsuranceLn 23$44K
Other expenses (24a–d)Ln 24$197K
All other expensesLn 24e$5K
Total functional expensesLn 25$8.2M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $7.8M$8.1M−$228K$9.8M 990 PDF
FY2023 $8.3M$7.0M$1.3M$9.8M 990 PDF
FY2022 Viewing $8.7M$8.2M$488K$7.7M 990 PDF
FY2021 $9.4M$8.4M$1.0M$9.1M 990 PDF
FY2020 $8.9M$8.3M$619K$8.1M 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 J · Pay O · Explanations
See the full FY2022 990 (6 parts)
Part I · Summary $8,708,884 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,699,675$1,524,965
I-9 Program service revenuePrior year $6,161,116$6,269,354
I-10 Investment incomePrior year $715,254$273,229
I-11 Other revenuePrior year $800,745$641,336
I-12 Total revenuePrior year $9,376,790$8,708,884
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 $4,092,961$3,724,381
I-16a Professional fundraising feesPrior year $484,756$504,772
I-17 Other expensesPrior year $3,784,607$3,991,693
I-18 Total expensesPrior year $8,362,324$8,220,846
I-19 Revenue less expensesPrior year $1,014,466$488,038
Part VI · Governance 0 of 13 board members independent, no flags
VI-1a Voting members of the governing body13
VI-1b Independent voting members0
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $8,708,884 across 8 lines filed
VIII-1f All other contributions, gifts and grants$1,524,965
VIII-1h Total contributions, gifts and grants$1,524,965
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $5,345,774 · Unrelated business $879,880 · Excluded from tax $43,700$6,269,354
VIII-3 Investment incomeExcluded from tax $312,077$312,077
VIII-5 RoyaltiesExcluded from tax $520,950$520,950
VIII-7 Net gain or loss on sales of assetsExcluded from tax −$38,848−$38,848
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $120,386$120,386
VIII-12 Total revenueRelated to mission $5,345,774 · Unrelated business $879,880 · Excluded from tax $958,265$8,708,884
Part IX · Statement of functional expenses $8,220,846 across 18 lines filed
IX-5 Pay of current officers, directors and key staff$866,511
IX-7 Other salaries and wages$2,197,560
IX-8 Pension plan contributions$60,520
IX-9 Other employee benefits$360,428
IX-10 Payroll taxes$239,362
IX-11c Accounting fees$36,920
IX-11d Lobbying fees$102,153
IX-11e Professional fundraising fees$504,772
IX-11g Other fees for services$609,981
IX-12 Advertising and promotion$298,622
IX-13 Office expenses$1,645,534
IX-14 Information technology$180,693
IX-16 Occupancy$190,556
IX-19 Conferences, conventions and meetings$484,547
IX-22 Depreciation, depletion and amortization$197,472
IX-23 Insurance$43,979
IX-24 Other expenses (24a–d)$196,632
IX-24e All other expenses$4,604
IX-25 Total functional expenses$8,220,846
Part X · Balance sheet $12,213,934 assets, 15 lines filed
X-1 Cash, non-interest-bearingStart of year $1,097,804$1,634,337
X-2 Savings and temporary cash investmentsStart of year $83,025$78,419
X-4 Accounts receivableStart of year $154,284$166,941
X-9 Prepaid expenses and deferred chargesStart of year $139,964$78,690
X-10c Land, buildings and equipment, netStart of year $2,493,224$2,304,382
X-11 Publicly traded securitiesStart of year $9,532,041$7,951,165
X-16 Total assetsStart of year $13,503,074$12,213,934
X-17 Accounts payable and accrued expensesStart of year $608,353$766,582
X-19 Deferred revenueStart of year $3,802,655$3,716,145
X-25 Other liabilitiesStart of year $590$2,273
X-26 Total liabilitiesStart of year $4,411,598$4,485,000
X-27 Net assets without donor restrictionsStart of year $9,052,346$7,688,105
X-28 Net assets with donor restrictionsStart of year $39,130$40,829
X-32 Total net assets or fund balancesStart of year $9,091,476$7,728,934
X-33 Total liabilities and net assetsStart of year $13,503,074$12,213,934
Part XI · Reconciliation of net assets $7,728,934 net assets at year end
XI-1 Total revenue$8,708,884
XI-2 Total expenses$8,220,846
XI-3 Revenue less expenses$488,038
XI-4 Net assets at start of year$9,091,476
XI-5 Net unrealized gains (losses) on investments−$1,850,580
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$7,728,934

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

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