Naturally Network INC FY2021 filing

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Our mission is to 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.

501(c)(6) business league; gifts are not tax-deductible as charitable contributions.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78

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FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(6)
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
3 of 5
filings with a surplus
Average surplus $4K a year · 1% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
0%
of spending
Concern: 0% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
2 mo
of spending, in cash
Fine: 2.2 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $25K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$7K
12% of total assets
Looks good: liabilities are 12% of assets; 50% or less.
Pt X · Ln 26
Independent board members
17
of 17 voting members
Looks good: 17 of 17 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$214K
+276% vs prior year
Spent
$262K
To programs
0%
Net assets
$49K
By yearFY2020–FY2024
Revenue
$214K
FY2021▲ +276%
Tap a bar for its year
Revenue by fiscal year
FY2020$57K
FY2021$214K
FY2022$315K
FY2023$531K
FY2024$672K
Expenses
$262K
FY2021▲ +536%
Tap a bar for its year
Expenses by fiscal year
FY2020$41K
FY2021$262K
FY2022$326K
FY2023$516K
FY2024$622K
Net assets
$49K
FY2021▲ +211%
Tap a bar for its year
Net assets by fiscal year
FY2020$16K
FY2021$49K
FY2022$38K
FY2023$53K
FY2024$103K

From the FY2021 Form 990 · 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 May 2022.

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

Who runs it and what they're paid

18 people listed on the 990.

Part VII, Section A · reportable compensation
Executive Di
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Katrina Tolentino’s $172K as Executive Director is at the 94th percentile of top reported officer pay among 1709 $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.

See Naturally Network INC 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

Promotes conscious business practices in natural and organic products through community programs and collaboration.

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Provided by the organization

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1 program · in their own filed words · FY2021
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.

Pt IX · col B

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 · FY2020
Total grants receivedfrom 1 funder$25K

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$214K
Ln 12
Gifts and grantsLn 1h$214K
Money outPt IX
$262K
Ln 25
Owns and owesPt X
$49K
net assets · Ln 32
Cash and savingsLn 1–2$49K
Total assetsLn 16$56K
LiabilitiesLn 26$7K
PeoplePt VI, VII
18
listed · VII A
PaidVII A0
Voting boardVI 1a17
IndependentVI 1b17
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$214K
Total revenueLn 12$214K
Assets in detailPt X, end of year
CashLn 1$49K
Cash and savings togetherLn 1–2$49K
Total assetsLn 16$56K
LiabilitiesLn 26$7K
Net assetsLn 32$49K
OperationsPt I, VI
EmployeesI 50
VolunteersI 610
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
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$21K$49K
Total assetsLn 16$21K$56K
LiabilitiesLn 26$5K$7K
Net assetsLn 32$16K$49K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$116K
Other employee benefitsLn 9$16K
Payroll taxesLn 10$10K
Accounting feesLn 11c$9K
Other fees for servicesLn 11g$23K
Advertising and promotionLn 12$6K
Office expensesLn 13$352
TravelLn 17$870
Conferences, conventions and meetingsLn 19$66K
InsuranceLn 23$641
Other expenses (24a–d)Ln 24$15K
All other expensesLn 24e$859
Total functional expensesLn 25$262K$0$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $672K$622K$50K$103K 990 PDF
FY2023 $531K$516K$15K$53K 990 PDF
FY2022 $315K$326K−$11K$38K 990 PDF
FY2021 Viewing $214K$262K−$48K$49K 990 PDF
FY2020 $57K$41K$16K$16K 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 FY2021 990 (6 parts)
Part I · Summary $214,100 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $57,000$214,100
I-9 Program service revenue$0
I-10 Investment income$0
I-11 Other revenue$0
I-12 Total revenuePrior year $57,000$214,100
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefits$141,510
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $41,153$120,194
I-18 Total expensesPrior year $41,153$261,704
I-19 Revenue less expensesPrior year $15,847−$47,604
Part VI · Governance 17 of 17 board members independent, 4 to look at
VI-1a Voting members of the governing body17
VI-1b Independent voting members17
VI-12a Written conflict of interest policyNo
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
Part VIII · Statement of revenue $214,100 across 4 lines filed
VIII-1b Membership dues$40,000
VIII-1f All other contributions, gifts and grants$174,100
VIII-1h Total contributions, gifts and grants$214,100
VIII-12 Total revenue$214,100
Part IX · Statement of functional expenses $261,704 across 12 lines filed
IX-7 Other salaries and wages$115,837
IX-9 Other employee benefits$15,836
IX-10 Payroll taxes$9,837
IX-11c Accounting fees$9,020
IX-11g Other fees for services$22,618
IX-12 Advertising and promotion$5,650
IX-13 Office expenses$352
IX-17 Travel$870
IX-19 Conferences, conventions and meetings$65,506
IX-23 Insurance$641
IX-24 Other expenses (24a–d)$14,678
IX-24e All other expenses$859
IX-25 Total functional expensesPrograms $0 · Management $0 · Fundraising $0$261,704
Part X · Balance sheet $55,873 assets, 8 lines filed
X-1 Cash, non-interest-bearingStart of year $20,847$48,854
X-4 Accounts receivable$7,019
X-16 Total assetsStart of year $20,847$55,873
X-25 Other liabilities$6,630
X-26 Total liabilitiesStart of year $5,000$6,630
X-27 Net assets without donor restrictionsStart of year $15,847$49,243
X-32 Total net assets or fund balancesStart of year $15,847$49,243
X-33 Total liabilities and net assetsStart of year $20,847$55,873
Part XI · Reconciliation of net assets $49,243 net assets at year end
XI-1 Total revenue$214,100
XI-2 Total expenses$261,704
XI-3 Revenue less expenses−$47,604
XI-4 Net assets at start of year$15,847
XI-6 Donated services and use of facilities$81,000
XI-10 Net assets at end of year$49,243

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

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