Working Forest Initiative FY2022 filing

Not tax-deductible

Savannah, GA501(c)(6)Since 2022Community DevelopmentEIN 88-2635577

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Working forests Initiative (wfi) seeks to establish and advance a common understanding of the broad range of environmental, economic, and societal benefits generated by Working forests, the many sustainable products they provide, and the critical role forests play as a natural climate solution.

$70K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Pay: Part VII

Before you give

FY2022 · 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
1 of 3
filings with a surplus
Average surplus $492K a year · 7% of revenue · last 3 filings
Worth a look: a surplus in 1 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Pay to officers and key staff
$70K
to officers and key staff · 2% of spending
Looks good: pay to officers and key staff is 2% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
13 mo
of spending, in cash
Looks good: 13.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $500K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$1.5M
32% of total assets
Looks good: liabilities are 32% of assets; 50% or less.
Pt X · Ln 26
Independent board members
14
of 14 voting members
Looks good: 14 of 14 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$6.9M
Spent
$3.8M
Net assets
$3.1M
By yearFY2022–FY2024
Revenue
$6.9M
FY2022
Revenue by fiscal year
FY2022$6.9M
FY2023$7.8M
FY2024$7.6M
Expenses
$3.8M
FY2022
Expenses by fiscal year
FY2022$3.8M
FY2023$9.4M
FY2024$7.7M
Net assets
$3.1M
FY2022
Net assets by fiscal year
FY2022$3.1M
FY2023$1.5M
FY2024$1.5M

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

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You’re viewing the FY2022 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 Apr 2023.

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

Who runs it and what they're paid

15 people listed on the 990; $70K paid to officers and key staff.

Part VII, Section A · reportable compensation
$70,000Pt VII · Sec A
Chair Emeritus
$0Pt VII · Sec A
Secretary/Treasurer
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A

Adrian Blocker’s $150K as President is at the 46th percentile of top reported officer pay among 2832 $1–10M 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 · 1 named individual · Part VII

NameFY2024FY2023FY2022
Adrian Blocker$150,000$90,000$70,000

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 Working Forest Initiative 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 understanding of working forests' environmental, economic, and climate benefits.

Provided by the organization

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1 program · in their own filed words · FY2022
01

Working forest initiative, inc. (wfi) seeks to establish and advance a common understanding of the broad range of environmental, economic, and societal benefits generated by working forests, the many sustainable products they provide, and the critical role forests play as a natural climate solution.

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 · FY2024
Total grants receivedfrom 1 funder$500K

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$6.9M
Ln 12
Fees for servicesLn 2g$6.9M
Money outPt IX
$3.8M
Ln 25
Owns and owesPt X
$3.1M
net assets · Ln 32
Cash and savingsLn 1–2$4.2M
Total assetsLn 16$4.6M
LiabilitiesLn 26$1.5M
PeoplePt VI, VII
15
listed · VII A
PaidVII A1
Voting boardVI 1a14
IndependentVI 1b14
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$6.9M
Total revenueLn 12$6.9M
Assets in detailPt X, end of year
CashLn 1$4.2M
Cash and savings togetherLn 1–2$4.2M
Total assetsLn 16$4.6M
LiabilitiesLn 26$1.5M
Net assetsLn 32$3.1M
OperationsPt I, VI
EmployeesI 50
VolunteersI 614
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 FY22End FY22
Cash and savingsLn 1–2$0$4.2M
Total assetsLn 16$0$4.6M
LiabilitiesLn 26$0$1.5M
Net assetsLn 32$0$3.1M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$70K
Legal feesLn 11b$38K
Accounting feesLn 11c$29K
Other fees for servicesLn 11g$2.0M
Advertising and promotionLn 12$1.6M
TravelLn 17$38K
Total functional expensesLn 25$3.8M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $7.6M$7.7M−$36K$1.5M 990 PDF
FY2023 $7.8M$9.4M−$1.6M$1.5M 990 PDF
FY2022 Viewing $6.9M$3.8M$3.1M$3.1M 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 FY2022 990 (4 parts)
Part VIII · Statement of revenue $6,900,000 across 2 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $6,900,000$6,900,000
VIII-12 Total revenueRelated to mission $6,900,000 · Unrelated business $0 · Excluded from tax $0$6,900,000
Part IX · Statement of functional expenses $3,781,457 across 6 lines filed
IX-5 Pay of current officers, directors and key staff$70,000
IX-11b Legal fees$38,076
IX-11c Accounting fees$29,275
IX-11g Other fees for services$2,027,683
IX-12 Advertising and promotion$1,578,400
IX-17 Travel$38,023
IX-25 Total functional expenses$3,781,457
Part X · Balance sheet $4,582,687 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $0$4,155,855
X-3 Pledges and grants receivableStart of year $0$300,000
X-4 Accounts receivableStart of year $0$2,732
X-9 Prepaid expenses and deferred chargesStart of year $0$124,100
X-16 Total assetsStart of year $0$4,582,687
X-17 Accounts payable and accrued expensesStart of year $0$1,464,144
X-26 Total liabilitiesStart of year $0$1,464,144
X-27 Net assets without donor restrictionsStart of year $0$3,118,543
X-32 Total net assets or fund balancesStart of year $0$3,118,543
X-33 Total liabilities and net assetsStart of year $0$4,582,687
Part XI · Reconciliation of net assets $3,118,543 net assets at year end
XI-1 Total revenue$6,900,000
XI-2 Total expenses$3,781,457
XI-3 Revenue less expenses$3,118,543
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$3,118,543

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

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