Naturally Network INC EIN 85-1477806 Form 990 (PDF) Claim this org

Naturally Network INC

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Promotes conscious business practices in natural and organic products through community programs and collaboration. For fiscal year 2024 it reported $672K in revenue, $622K in expenses, and $103K in net assets.Pt I

Type
Business league / trade association · Community Development
Location
Austin, TX
Website
www.naturallynetwork.org
Filings
5 on file (2020–2024)
Revenue
$672KFY2024
Expenses
$622K
Net assets
$103K
People
23
Filings
5
Updates
0
More identity details & actions ⌄
EIN  85-1477806 Business league / trade association Austin, TX
Form 990 (PDF)
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Size
$100K–1M
What they do
Promotes conscious business practices in natural and organic products through community programs and collaboration.
Leadership
Katrina Tolentino · Executive Director · $172K
Money in and out
$672K revenue, $622K expenses
Bottom line
+7% operating surplus
Membership & operating revenue · FY2024
Total revenue
$672K
Pt VIII · Ln 12
Total expenses
$622K
Pt IX · Ln 25
Net assets
$103K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $50K
Where spending went · Part IX cols B–D
Program services $0.87
Operating surplus
+7%
revenue over expenses▲ +168% vs prior filing year
Earned revenue
0%
of revenue from program services & dues
Payroll share
53%
of spending is salaries & benefits▼ -4% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$672K
FY2024▲ +27%
Expenses
$622K
FY2024▲ +20%
Total assets
$189K
FY2024▲ +38%
Total liabilities
$86K
FY2024▲ +2%
Total revenue
$672K
Pt VIII · Ln 12
Total expenses
$622K
Pt IX · Ln 25
Net assets
$103K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$50K
Total assetsPt X · Ln 16$189K
Program-expense ratioPt IX · col B87%
Voting members of governing bodyPt I · Ln 320
Independent voting membersPt I · Ln 420
Mission & Programs · Part III

Where the work happens

1 program service account for $541K of program spending, described in the organization's own filed words · FY2024.
01

Harness, accelerate, and elevate the power and impact of conscious business practices in the natural and organic products ecosystem through community-based programming, networking, influence and collaboration.

$541Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CNaturally Network INC
EINHdr · item D85-1477806
Principal addressHdr · item CAustin, TX
WebsiteHdr · item Jwww.naturallynetwork.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MTX
Exempt statusHdr · item I501(c)(6) · active
NTEE classificationIRS BMFCommunity Development (S41)
Ruling yearIRS BMFMay 2022

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a20
Independent voting membersPt VI · Ln 1b20
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director
$171,782Pt VII · Sec A
Senior Director
$102,537Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
President
$0Pt VII · Sec A
$0Pt VII · Sec A

Katrina Tolentino’s $172K as Executive Director is at the 94th percentile of top reported officer pay among 1711 $100K–1M community development 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 · 2 named individuals · Part VII

NameFY2024FY2023FY2022
Katrina Tolentino$171,782$155,452$79,889
Debi Goldman$102,537$87,401

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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Statement of Revenue

Part VIII
Contributions & grants100%$672K
Total revenueLn 12$672K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.87
Program services87%$541K
Total functional expensesLn 25$622K

Balance Sheet

Part X · end of year
CashLn 1$99K
Total assetsLn 16$189K
Total liabilitiesLn 26$86K
Total net assetsLn 32$103K
Months of cash on handcomputed1.9

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $99K · Operating expenses/yr $622K
1.9 months
Where the money goes
Program services
Program services — · Total expenses $622K
Management & General
Management & general — · Total expenses $622K
Fundraising
Fundraising — · Total expenses $622K
Cost to raise $1
Fundraising expense $0 · Solicited contributions $290K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $672K · Total revenue $672K
100%
Government reliance
Government grants — · Total revenue $672K
Earned-income share
Program service revenue $0 · Total revenue $672K
0%
Investment reliance
Investment income $0 · Total revenue $672K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $622K
0%
Growth & trend
Revenue growth (YoY)
This year $672K · Prior year $531K
+27%
Revenue CAGR
FY2020 $57K · FY2024 $672K
+85%
Net-asset trend (YoY)
End of year $103K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $672K · Expenses $622K
+7%
Liabilities-to-Assets
Total liabilities — · Total assets $189K
Net-asset ratio
Net assets $103K · Total assets $189K
54%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $189K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Katrina Tolentino · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $172K · Total expenses $622K
28%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $330K · Total expenses $622K
53%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 87%
Fundraising cost ratio 0%
Revenue growth 27%
Legal fee ratio 1%
Accounting fee ratio 2%

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.

Grants

Schedule I · funders on record
Grants received · FY2020
Total grants receivedfrom 1 funder$25K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$672K revenue · viewing · ⤓ 990 PDF
FY2023$531K revenue · ⤓ 990 PDF
FY2022$315K revenue · ⤓ 990 PDF
FY2021$214K revenue · ⤓ 990 PDF
FY2020$57K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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