SaltExchange is a dynamic community of philanthropists united to tackle the world's toughest challenges through radical collective action.

501(c)(3) charity; gifts are tax-deductible.
75¢ of each $1 spent went to programs.
$200K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
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
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists 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 2
filings with a surplus
Average surplus $34K a year · 7% of revenue · last 2 filings
Worth a look: a surplus in 1 of the last 2 filings.
Pt I · Ln 19 · 2 filings
Spent on programs
75%
of spending
Looks good: 75% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$200K
to officers and key staff · 38% of spending
Concern: pay to officers and key staff is 38% of spending; over 30%.
Pt VII · Sec A
2 mo
of spending, in cash
Fine: 2.1 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $5K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$96K
58% of total assets
Fine: liabilities are 58% of assets; 50% to 65%.
Pt X · Ln 26
Independent board members
5
of 5 voting members
Looks good: 5 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$592K
+77% vs prior year
Spent
$522K
To programs
75%
Net assets
$69K
By yearFY2023–FY2024
Revenue
$592K
FY2024▲ +77%
Tap a bar for its year
Revenue by fiscal year
FY2023$335K
FY2024$592K
Expenses
$522K
FY2024▲ +55%
Tap a bar for its year
Expenses by fiscal year
FY2023$337K
FY2024$522K
Net assets
$69K
FY2024▲ ×52
Tap a bar for its year
Net assets by fiscal year
FY2023−$1K
FY2024$69K

From the FY2024 Form 990 · see the original

Give Claim

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

Where the money goes

75 cents of each dollar spent went to programs.

Program services 75% · $391K Management & general 10% · $52K Fundraising 15% · $78K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

5 people listed on the 990; $200K paid to officers and key staff.

Part VII, Section A · reportable compensation
$200,000Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Johanna Sheridan’s $200K as CEO is at the 98th percentile of top reported officer pay among 1265 $100K–1M philanthropy & grantmaking 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

NameFY2024FY2023
Johanna Sheridan$200,000$200,000

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.

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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
  • Loans to or from officersSch L · Pt II1 listed

Programs and updates

Unites philanthropists for radical collective action on tough global challenges.

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Provided by the organization

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1 program · $391K · in their own filed words · FY2024
01

We achieve our mission through five core program areas: Community Engagement, Resource Aggregation, and Strategic Connections: Curating events, learning experiences, and opportunities that foster peer learning, prayer, and collaboration-empowering philanthropists to build community and access the resources they need to drive impact.

$391Kprogram expense

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 · FY2025
Total grants receivedfrom 1 funder$5K

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$592K
Ln 12
Gifts and grantsLn 1h$592K
Investment incomeLn 3$302
Money outPt IX
$522K
Ln 25
Programscol B$391K
Managementcol C$52K
Fundraisingcol D$78K
Owns and owesPt X
$69K
net assets · Ln 32
Cash and savingsLn 1–2$93K
Total assetsLn 16$165K
LiabilitiesLn 26$96K
PeoplePt VI, VII
5
listed · VII A
PaidVII A1
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$592K
Government grantsLn 1e$0
Noncash giftsLn 1g$0
Fundraising eventsLn 1c$0
Investment incomeLn 3$302
Total revenueLn 12$592K
Assets in detailPt X, end of year
CashLn 1$44K
SavingsLn 2$49K
Cash and savings togetherLn 1–2$93K
Total assetsLn 16$165K
LiabilitiesLn 26$96K
Net assetsLn 32$69K
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
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 FY24End FY24
Cash and savingsLn 1–2$28K$93K
Total assetsLn 16$88K$165K
LiabilitiesLn 26$90K$96K
Net assetsLn 32−$1K$69K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$200K$150K$20K$30K
Pay of disqualified personsLn 6$0$0$0$0
Other salaries and wagesLn 7$219K$165K$22K$33K
Management feesLn 11a$21K$16K$2K$3K
Legal feesLn 11b$4K$3K$607
Accounting feesLn 11c$405$405
Advertising and promotionLn 12$3K$2K$328$492
Office expensesLn 13$17K$13K$2K$3K
Information technologyLn 14$16K$12K$2K$2K
OccupancyLn 16$2K$2K$248$372
TravelLn 17$30K$23K$3K$5K
Conferences, conventions and meetingsLn 19$8K$6K$824$1K
InterestLn 20$27$20$3$4
Total functional expensesLn 25$522K$391K$52K$78K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $592K$522K$70K$69K 990 PDF
FY2023 $335K$337K−$1K−$1K 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 FY2024 990 (6 parts)
Part I · Summary $591,902 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $335,000$591,600
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $129$302
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $335,129$591,902
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 $212,965$419,441
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $123,548$102,318
I-18 Total expensesPrior year $336,513$521,759
I-19 Revenue less expensesPrior year −$1,384$70,143
Part VI · Governance 5 of 5 board members independent, no flags
VI-1a Voting members of the governing body5
VI-1b Independent voting members5
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 $591,902 across 11 lines filed
VIII-1a Federated campaigns$0
VIII-1b Membership dues$0
VIII-1c Fundraising events$0
VIII-1d Related organizations$0
VIII-1e Government grants$0
VIII-1f All other contributions, gifts and grants$591,600
VIII-1g Noncash contributions (included above)$0
VIII-1h Total contributions, gifts and grants$591,600
VIII-3 Investment incomeRelated to mission $302 · Unrelated business $0 · Excluded from tax $0$302
VIII-5 RoyaltiesRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-12 Total revenueRelated to mission $302 · Unrelated business $0 · Excluded from tax $0$591,902
Part IX · Statement of functional expenses $521,759 across 13 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $150,000 · Management $20,000 · Fundraising $30,000$200,000
IX-6 Pay of disqualified personsPrograms $0 · Management $0 · Fundraising $0$0
IX-7 Other salaries and wagesPrograms $164,581 · Management $21,944 · Fundraising $32,916$219,441
IX-11a Management feesPrograms $15,621 · Management $2,083 · Fundraising $3,124$20,828
IX-11b Legal feesPrograms $3,037 · Fundraising $607$3,644
IX-11c Accounting feesManagement $405$405
IX-12 Advertising and promotionPrograms $2,458 · Management $328 · Fundraising $492$3,278
IX-13 Office expensesPrograms $12,805 · Management $1,707 · Fundraising $2,561$17,073
IX-14 Information technologyPrograms $12,151 · Management $1,620 · Fundraising $2,430$16,201
IX-16 OccupancyPrograms $1,861 · Management $248 · Fundraising $372$2,481
IX-17 TravelPrograms $22,605 · Management $3,014 · Fundraising $4,521$30,140
IX-19 Conferences, conventions and meetingsPrograms $6,181 · Management $824 · Fundraising $1,236$8,241
IX-20 InterestPrograms $20 · Management $3 · Fundraising $4$27
IX-25 Total functional expensesPrograms $391,320 · Management $52,176 · Fundraising $78,263$521,759
Part X · Balance sheet $164,630 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $2,087$44,330
X-2 Savings and temporary cash investmentsStart of year $26,179$48,700
X-3 Pledges and grants receivableStart of year $60,000$71,600
X-4 Accounts receivableStart of year $0$0
X-16 Total assetsStart of year $88,266$164,630
X-17 Accounts payable and accrued expensesStart of year $20,943$21,899
X-26 Total liabilitiesStart of year $89,650$95,871
X-27 Net assets without donor restrictionsStart of year −$1,384$68,759
X-28 Net assets with donor restrictionsStart of year $0$0
X-32 Total net assets or fund balancesStart of year −$1,384$68,759
X-33 Total liabilities and net assetsStart of year $88,266$164,630
Part XI · Reconciliation of net assets $68,759 net assets at year end
XI-1 Total revenue$591,902
XI-2 Total expenses$521,759
XI-3 Revenue less expenses$70,143
XI-4 Net assets at start of year−$1,384
XI-5 Net unrealized gains (losses) on investments$0
XI-6 Donated services and use of facilities$0
XI-7 Investment expenses$0
XI-8 Prior period adjustments$0
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$68,759

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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