Civic Intelligence

Philanthropy Network Greater Philadelphia

990 • Fiscal year 2021 • EIN 23-2518417

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 03, 2022

1617 Jfk Blvd 20th FloorPhiladelphia, PA 19103

(215) 790-9700

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

56th percentile

0.11x

Higher debt load relative to assets than 56% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

39th percentile

0.05x

Higher debt load relative to revenue than 39% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

51st percentile

13%

Higher net margin than 51% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

84th percentile

$149,176

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 4.9% of source-year revenue.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

83rd percentile

41%

Faster asset growth than 83% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

75th percentile

47%

Faster revenue growth than 75% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Assets

Up

$1,306,274

Up $378,843 (+41%) from 2020

Net Assets

Up

$1,168,622

Up $395,054 (+51%) from 2020

Liabilities

Down

$137,652

Down $16,211 (-11%) from 2020

Revenue

Up

$3,056,265

Up $980,598 (+47%) from 2020

Expenses

Up

$2,661,211

Up $687,443 (+35%) from 2020

Net Income

Up

$395,054

Up $293,155 (+288%) from 2020

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.5M$1.0M$500K$0Assets 2010: $475,708Liabilities 2010: $11,563Net Assets 2010: $464,1452010Assets 2011: $462,650Liabilities 2011: $16,215Net Assets 2011: $446,4352011Assets 2012: $440,632Liabilities 2012: $12,742Net Assets 2012: $427,8902012Assets 2013: $479,661Liabilities 2013: $13,948Net Assets 2013: $465,7132013Assets 2014: $504,693Liabilities 2014: $25,707Net Assets 2014: $478,9862014Assets 2015: $571,016Liabilities 2015: $34,144Net Assets 2015: $536,8722015Assets 2016: $574,762Liabilities 2016: $25,380Net Assets 2016: $549,3822016Assets 2017: $467,810Liabilities 2017: $30,045Net Assets 2017: $437,7652017Assets 2018: $926,869Liabilities 2018: $71,978Net Assets 2018: $854,8912018Assets 2019: $730,388Liabilities 2019: $58,719Net Assets 2019: $671,6692019Assets 2020: $927,431Liabilities 2020: $153,863Net Assets 2020: $773,5682020Assets 2021: $1,306,274Liabilities 2021: $137,652Net Assets 2021: $1,168,6222021Assets 2022: $1,208,730Liabilities 2022: $100,285Net Assets 2022: $1,108,4452022Assets 2023: $909,950Liabilities 2023: $80,732Net Assets 2023: $829,2182023Assets 2024: $798,459Liabilities 2024: $27,844Net Assets 2024: $770,6152024

Highlighted filing

2021

Assets$1,306,274
Liabilities$137,652
Net Assets$1,168,622

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$4.0M$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $567,0222010Expenses 2011: $531,3652011Expenses 2012: $566,7902012Revenue 2013: $750,172Expenses 2013: $712,349Net Income 2013: $37,8232013Revenue 2014: $741,905Expenses 2014: $728,632Net Income 2014: $13,2732014Revenue 2015: $852,007Expenses 2015: $794,121Net Income 2015: $57,8862015Revenue 2016: $961,978Expenses 2016: $949,468Net Income 2016: $12,5102016Revenue 2017: $811,461Expenses 2017: $923,078Net Income 2017: -$111,6172017Revenue 2018: $1,377,533Expenses 2018: $960,407Net Income 2018: $417,1262018Revenue 2019: $1,331,117Expenses 2019: $1,514,339Net Income 2019: -$183,2222019Revenue 2020: $2,075,667Expenses 2020: $1,973,768Net Income 2020: $101,8992020Revenue 2021: $3,056,265Expenses 2021: $2,661,211Net Income 2021: $395,0542021Revenue 2022: $1,278,055Expenses 2022: $1,338,232Net Income 2022: -$60,1772022Revenue 2023: $1,222,611Expenses 2023: $1,501,838Net Income 2023: -$279,2272023Revenue 2024: $590,915Expenses 2024: $649,518Net Income 2024: -$58,6032024

Highlighted filing

2021

Revenue$3,056,265
Expenses$2,661,211
Net Income$395,054
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 3, 2022
Return Version
2021v4.2
Gross Receipts
$3,056,265
Mission and Program Overview

Mission

To strengthen philanthropy in order to create a more vibrant, resilient, and equitable region.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$408,077$745,553▲ $337,476
Savings and Temporary Cash Investments$346,452$448,773▲ $102,321
Accounts Receivable$93,325$80,250▼ $13,075
Land, Buildings, and Equipment, Net$18,159$22,310▲ $4,151
Prepaid Expenses and Deferred Charges$61,418$9,388▼ $52,030
Total Assets$927,431$1,306,274▲ $378,843
Liabilities
Accounts Payable and Accrued Expenses$31,467$137,652▲ $106,185
Deferred Revenue$122,396--
Total Liabilities$153,863$137,652▼ $16,211
Net Assets / Fund Balance
Net Assets With Donor Restrictions$245,391$629,653▲ $384,262
Net Assets Without Donor Restrictions$528,177$538,969▲ $10,792
Total Net Assets Fund Balance$773,568$1,168,622▲ $395,054
Total Liabilities and Net Assets / Fund Balance$927,431$1,306,274▲ $378,843

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$22,310$55,564$77,874
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Sidney HargroExecutive DirectorFT$114,318$34,858$149,176
Shira HodgesInterim President and CEOFT$138,000$7,227$145,227

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$3,004,704
Program Service Revenue
$51,170
Investment Income
$91
Other Revenue
$300
All Other Contributions
$2,402,275
Change in Net Assets
$395,054

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,056,265
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$3,056,265
Total Revenue per Form 990
$3,056,265
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,188,035
Other Expenses$786,363
Salaries, Compensation, and Employee Benefits$686,813
Total Fundraising Expense$141,777
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,188,035--$1,188,035
Fees for Services Other$418,631$60,620-$479,251
Other Salaries and Wages$144,913$117,037$49,866$311,816
Current Officers, Directors, Trustees, and Key Employees$176,764$110,791$6,848$294,403
Fees for Services Accounting$10,948$46,038-$56,986
Occupancy$29,124$18,744$5,372$53,240
Office Expenses$44,052$5,376$3,409$52,837
Payroll Taxes$22,937$16,443$4,313$43,693
Other Employee Benefits$11,708$11,074$6,644$29,426
Conferences and Meetings$401$224$26,006$26,631
Other Expenses$8,410$5,412$1,551$15,373
All Other Expenses$3,667$2,360$2,658$8,685
Information Technology$4,322$2,781$797$7,900
Pension Plan Contributions$4,488$2,813$174$7,475
Depreciation Depletion$3,440$2,214$634$6,288
Insurance$2,349$1,512$433$4,294
Travel$185$119$34$338
Total Functional Expenses$2,099,767$419,667$141,777$2,661,211

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,661,211
Total Expenses per Audited Statements$2,661,211
Total Expenses per Form 990$2,661,211
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
African Cultural Alliance of North America IncPhiladelphia, PA501 (c) (3)General Operating Support$28,000
Mighty WritersPhiladelphia, PA501 (c) (3)General Operating Support$27,500
Common FutureOakland, CA501 (c) (3)General Operating Support$22,500
Pa Professional Image AlliancePhiladelphia, PA501 (c) (3)General Operating Support$22,500
Community Volunteers in MedicineWest Chester, PA501 (c) (3)General Operating Support$21,500
Mad Beatz Philly LLCPhiladelphia, PA501 (c) (3)General Operating Support$20,000
Anti-violence Partnership of PhiladelphiaPhiladelphia, PA501 (c) (3)General Operating Support$18,500
African and Middle Eastern Center for Health and DevelopmentPhiladelphia, PA501 (c) (3)General Operating Support$17,885
Brandywine Valley Active Aging - Formerly Coatesville Area Senior CenterCoatesville, PA501 (c) (3)General Operating Support$17,500
Debre Genet Kidus Amanuel ChurchPhiladelphia, PA501 (c) (3)General Operating Support$17,500
Ethiopian Community Association of Greater PhiladelphiaPhiladelphia, PA501 (c) (3)General Operating Support$17,500
Women Walking in Victory Service CenterPhiladelphia, PA501 (c) (3)General Operating Support$17,500
Patrician Society of Central NorristownNorristown, PA501 (c) (3)General Operating Support$17,000
Caribbean Community in Philadelphia of Culture Trust Greater PhiladelphiaPhiladelphia, PA501 (c) (3)General Operating Support$16,500
Movement Alliance ProjectPhiladelphia, PA501 (c) (3)General Operating Support$15,500
AchieveabilityPhiladelphia, PA501 (c) (3)General Operating Support$15,000
Agape Senior CenterPhialdelphia, PA501 (c) (3)General Operating Support$15,000
Catholic Social Servicescasa Del CarmenPhiladelphia, PA501 (c) (3)General Operating Support$15,000
Coalition of African CommunitiesPhiladelphia, PA501 (c) (3)General Operating Support$15,000
Empowering CutsPhiladelphia, PA501 (c) (3)General Operating Support$15,000
Immunity ProjectPhiladelphia, PA501 (c) (3)General Operating Support$15,000
Lancaster Avenue 21st Century Business Association CdcHaddonfield, NJ501 (c) (3)General Operating Support$15,000
Multicultural Community Family ServicesUpper Darby, PA501 (c) (3)General Operating Support$15,000
Nationalities Service CenterPhiladelphia, PA501 (c) (3)General Operating Support$15,000
Nueva Esperanza Housing and Economic DevelopmentPhiladelphia, PA501 (c) (3)General Operating Support$15,000
Nueva Vida Norristown New Life Mennonite ChurchNorristown, PA501 (c) (3)General Operating Support$15,000
Prevention Point Philadelphia IncPhiladelphia, PA501 (c) (3)General Operating Support$15,000
Twin Sister DocsPhila, PA501 (c) (3)General Operating Support$15,000
Kiths Integrated & Targeted Human ServicesPhiladelphia, PA501 (c) (3)General Operating Support$14,500
Medical Society of Eastern PennsylvaniaYeadon, PA501 (c) (3)General Operating Support$14,500
Hunting Park NacPhiladelphia, PA501 (c) (3)General Operating Support$13,500
Collective Climb IncPhiladelphia, PA501 (c) (3)General Operating Support$12,500
Safe Haven Family Life CenterPhiladelphia, PA501 (c) (3)General Operating Support$12,500
We Love PhillyPhiladelphia, PA501 (c) (3)General Operating Support$12,500
Centro De Apoyo ComunitarioBroomall, PA501 (c) (3)General Operating Support$12,000
First Person ArtsPhiladelphia, PA501 (c) (3)General Operating Support$12,000
NepcaPhiladelphia, PA501 (c) (3)General Operating Support$12,000
Philip Jaisohn Memorial FoundationPhiladelphia, PA501 (c) (3)General Operating Support$12,000
Puentes De SaludPhiladelphia, PA501 (c) (3)General Operating Support$12,000
SUPPORTIVE OLDER WOMEN'S NETWORKPhiladelphia, PA501 (c) (3)General Operating Support$12,000
Unite Here Local 274Haddonfield, NJ501 (c) (3)General Operating Support$12,000
Philadelphia Chinatown Development CorporationPhiladelphia, PA501 (c) (3)General Operating Support$11,000
Soul Food Cdcunity in the CommunityPhiladelphia, PA501 (c) (3)General Operating Support$11,000
Labakcare OrganizationSicklerville, NJ501 (c) (3)General Operating Support$10,500
Aclamo Family CentersNorristown, PA501 (c) (3)General Operating Support$10,000
All for All AgencyEast Lansdowne, PA501 (c) (3)General Operating Support$10,000
Congreso De Latino Unidos IncPhiladelphia, PA501 (c) (3)General Operating Support$10,000
Just ActPhiladelphia, PA501 (c) (3)General Operating Support$10,000
Kensington Voice at the Federation of Neighborhood CentersPhiladelphia, PA501 (c) (3)General Operating Support$10,000
Medicos Unidos IncNew Hope, PA501 (c) (3)General Operating Support$10,000
Philadelphia Aids ConsortiumPhiladelphia, PA501 (c) (3)General Operating Support$10,000
Sappho & Laroyce FoundationPhiladelphia, PA501 (c) (3)General Operating Support$10,000
Self IncPhiladelphia, PA501 (c) (3)General Operating Support$10,000
The All Liberian Diaspora Women Organization in the United StatesUpper Darby, PA501 (c) (3)General Operating Support$10,000
The Education Culture Opportunities FoundationPhiladelphia, PA501 (c) (3)General Operating Support$10,000
We Reign IncPhiladelphia, PA501 (c) (3)General Operating Support$10,000
Women of Excellence IncPhiladelphia, PA501 (c) (3)General Operating Support$10,000
Al-bustan Seeds of CulturePhiladelphia, PA501 (c) (3)General Operating Support$9,500
Korean American Association of Greater PhiladelphiaPhiladelphia, PA501 (c) (3)General Operating Support$9,500
Savage Sisters Recovery IncBryn Mawr, PA501 (c) (3)General Operating Support$9,500
Episcopal Legal Aid of the Diocese of Pennsylvania IncHaverford, PA501 (c) (3)General Operating Support$8,500
Rising Hope for ChangePhiladelphia, PA501 (c) (3)General Operating Support$8,500
Cambodian Association of Greater PhiladelphiaPhiladelphia, PA501 (c) (3)General Operating Support$8,150
African Family Health Organization (afaho)Philadelphia, PA501 (c) (3)General Operating Support$7,500
Asian Americans UnitedPhiladelphia, PA501 (c) (3)General Operating Support$7,500
Casa De Venezuela IncMorton, PA501 (c) (3)General Operating Support$7,500
CeibaPhiladelphia, PA501 (c) (3)General Operating Support$7,500
Community Learning CenterPhiladelphia, PA501 (c) (3)General Operating Support$7,500
Divas Ministry Group Non-profit OrganizationPhiladelphia, PA501 (c) (3)General Operating Support$7,500
Face to FacePhiladelphia, PA501 (c) (3)General Operating Support$7,500
Norristown Hospitality CenterNorristown, PA501 (c) (3)General Operating Support$7,500
Pennsylvania Health Access NetworkPhiladelphia, PA501 (c) (3)General Operating Support$7,500
Philadelphia Forum for Faith Law & CivicsLansdowne, PA501 (c) (3)General Operating Support$7,500
Photography Without BordersPhiladelphia, PA501 (c) (3)General Operating Support$7,500
The Bethlehem Baptist Church of Penllyn and Spring HouseSpring House, PA501 (c) (3)General Operating Support$7,500
VietleadPhiladelphia, PA501 (c) (3)General Operating Support$7,500
Wc Atkinson Memorial Community Service Center IncCoatesville, PA501 (c) (3)General Operating Support$7,500
Generations on LinePhiladelphia, PA501 (c) (3)General Operating Support$7,000
Willow Grove Community Development CorporationWillow Grove, PA501 (c) (3)General Operating Support$7,000
Main Line Chinese Culture CenterBryn Mawr, PA501 (c) (3)General Operating Support$6,000
Orange International Media IncPhiladelphia, PA501 (c) (3)General Operating Support$6,000
Why Not ProsperPhiladelphia, PA501 (c) (3)General Operating Support$6,000
Mt Pleasant Baptist ChurchUpper Chichester, PA501 (c) (3)General Operating Support$5,500
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The organization has members.

Form 990, Part VI, Section A, Line 7A

Directors shall be elected by members at the annual meeting of members.

Form 990, Part VI, Section B, Line 11B

A copy of the form 990 is provided to the board of directors after it has been reviewed by the audit committee. After the board of directors reviews and approves of the 990, the return will be filed with the irs.

Form 990, Part VI, Section B, Line 12C

The board is required to complete a conflict of interest disclosure on an annual basis. The disclosures are submitted to the board compliance/privacy officer who will review all statements. The compliance officer will then report to the board any disclosed conflicts when any such conflict of interest is relevant to a matter requiring action by the board of directors. The interested person shall call it to the attention of the board and the person shall remove themselves from the room while a vote is occurring. The minutes from the meeting in which the conflict occurs will reflect the conflict of interest and any resolution or action to be taken in response to the conflict of interest.

Form 990, Part VI, Section B, Line 15

The executive director's compensation was determined by the board of directors at the time of hiring in may 2017 utilizing peer benchmarking data. The board is responsible for evaluating the executive director's performance annually and determining appropriate compensation adjustments.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents and conflict of interest policy available upon request. The organization's financial statements are posted to the organization's website.

Filing and Contact Details

Filer

Filer Name
Philanthropy Network Greater
EIN
23-2518417
Phone
2157909700
Address
1617 JFK BLVD 20TH FLOOR, PHILADELPHIA, PA 19103

Signing Officer

Name
Shira Hodges
Title
Interim President
Phone
2157909700
Signed
2022-11-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Shira Hodges
Formed
1988
Legal Domicile
Pa
Voting Board Members
19
Independent Board Members
19
Employees
7
Volunteers
50

Preparer

Firm
Tait Weller & Baker Llp
Address
50 SOUTH 16TH STREET SUITE 2900, PHILADELPHIA, PA 19102
Preparer
Harrison Pereira
Phone
2159798800
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Other: program service expenses 418,631. Management and general expenses 60,620. Fundraising expenses 0. Total expenses 479,251.

Financial Statement Notes

PART X, LINE 2:

The network is exempt from federal income taxes under section 501(c)(3) of the internal revenue code (the "code") and has been classified as a public charity under section 501(a)(1) of the code. Management has reviewed the tax positions for each of the open tax years (2018-2020) or expected to be taken in the network's 2021 tax return and has concluded that there are no significant uncertain tax positions that would require recognition in the financial statements.

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IRS990/ProgSrvcAccomActy2Grp/Desc0EDUCATIONAL PROGRAMS- IN THE WAKE OF THE DEREK CHAUVIN GUILTY VERDICT FOR THE MURDER OF GEORGE FLOYD IN APRIL, WE HOSTED AN OPEN FORUM FOR MEMBERS TO SHARE REACTIONS AND REFLECTIONS ON THE SIGNIFICANCE OF THE VERDICT, WHAT IT MEANS IN THE CONTEXT OF CONTINUED USE OF DEADLY FORCE AGAINST BLACK AND BROWN BODIES, AND HOW WE MIGHT SEIZE THE MOMENT TO PROPEL THE WORK OF ENDING SYSTEMIC RACISM AND OPPRESSION. TO SET THE STAGE FOR THE CONVERSATION, WE CREATED OF A SLIDESHOW OF POWERFUL QUOTES AND IMAGES THAT CAPTURED THE ZEITGEIST LEADING UP TO AND FOLLOWING THE CHAUVIN VERDICT BEING ANNOUNCED.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0207542
IRS990/ProgSrvcAccomActy3Grp/Desc0COMMUNICATION AND MEMBER SERVICES- PHILANTHROPY NETWORK SERVED MEMBERS, NONPROFIT ORGANIZATIONS, CIVIC LEADERS, POLICYMAKERS AND THE MEDIA WITH AN ARRAY OF COMMUNICATIONS SERVICES, SUPPLYING INFORMATION ABOUT IDEAS, TRENDS AND DEVELOPMENTS IN LOCAL AND NATIONAL PHILANTHROPY. COMMUNICATIONS VEHICLES INCLUDED: 1) A WEBSITE WITH REGULAR UPDATES OF NEWS, EVENTS, RESOURCES AND MEMBER DIRECTORY LISTINGS, AS WELL AS A BLOG HIGHLIGHTING KEY TRENDS AND NEW THINKING; 2) A WEEKLY MEMBERS' UPDATE FEATURING NEWS AND EVENTS, EMAILED TO OVER 800 INDIVIDUAL STAFF AND TRUSTEES AT MEMBER ORGANIZATIONS; AND 3) SOCIAL MEDIA POSTS ON TWITTER AND LINKEDIN TO SHARE IDEAS AND RESOURCES WITH MEMBERS AND COMMUNITY PARTNERS IN THE REGION. NETWORK STAFF ALSO CONTINUED TO SUPPORT MEMBERS WITH CUSTOMIZED RESEARCH AND OTHER SERVICES IN RESPONSE TO THEIR INFORMATION REQUESTS.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0171755
IRS990/ProgSrvcAccomActyOtherGrp/Desc0MISSION-ALIGNED INVESTING COHORT- DEVELOPED IN PARTNERSHIP WITH COMMON FUTURE AND ANDORRA, NINE FOUNDATIONS PARTICIPATED IN A LEARNING COHORT THAT WENT ON A 12-MONTH JOURNEY TO EXPLORE HOW TO USE MISSION-ALIGNED INVESTING AS STRATEGY TO AMPLIFY THEIR IMPACT AND FURTHER EFFORTS TO ADVANCE EQUITY AND ECONOMIC JUSTICE. PHILANTHROPY NETWORK STAFF WROTE A BLOG POST TO SHARE SOME BACKGROUND ON THE EVOLUTION OF PHILANTHROPY NETWORK'S MISSION-ALIGNED INVESTING WORK, AND THE IMPETUS AND OBJECTIVES FOR ESTABLISHING THE COHORT AS A MEANS TO LEVERAGE PEER EXCHANGE, COLLABORATIVE LEADERSHIP, COACHING AND SYSTEMS THINKING - ALL GROUNDED IN A RACIAL EQUITY LENS.33RD ANNUAL MEMBERS' MEETING- FOR OUR VIRTUAL GATHERING IN LATE MARCH, MEMBERS WERE INVITED TO REFLECT AND SHARE ALONGSIDE THEIR PEERS ON THE CHALLENGES AND SUCCESSES OVER THE PAST YEAR AS WE HAVE ADAPTED TO THE COVID-19 PANDEMIC AND CALLS FOR SOCIAL JUSTICE, AND EXPLORE WHAT IS REQUIRED OF PHILANTHROPY TO SUSTAIN AND ADVANCE MEANINGFUL, LONG-TERM CHANGE. THE EVENT FEATURED TWO PAIRS OF FUNDERS IN CONVERSATIONS REFLECTING ON WHAT THEIR ORGANIZATIONS HAVE DONE TO RESPOND, AND THEIR OUTLOOK ON CHANGE MOVING FORWARD.SETTING THE TABLE WEBINAR SERIES-INSPIRED BY A JULY 2020 CONVERSATION BETWEEN PHILANTHROPY NETWORK'S SIDNEY HARGRO AND GRANTMAKERS FOR EFFECTIVE ORGANIZATIONS' MARCUS WALTON ON WHITE SUPREMACY, WE PARTNERED WITH GEO IN LATE 2020 TO LAUNCH SETTING THE TABLE, A SERIES OF DIALOGUES EXPLORING THE INTERSECTION OF PHILANTHROPY, RACIAL EQUITY AND SOCIAL JUSTICE. THESE DEEP DIVE CONVERSATIONS CONTINUED WITH TWO ADDITIONAL INSTALLMENTS IN 2021, THE FIRST IN THE SPRING WITH DANA KAWAOKA-CHEN, JUSTICE FUNDERS & ERIK STEGMAN, NATIVE AMERICANS IN PHILANTHROPY, AND THE SECOND IN THE FALL ADDRESSING INTERNAL EQUITY WORK WITH SPECIAL CO-HOST OMAR WOODARD AND GUESTS TEQUION M. BROOKINS, MCGREGOR FUND AND JASON MURRAY, BIPOC EXECUTIVE SEARCH INC.REGIONAL ROUNDTABLES-LAUNCHED IN SEPTEMBER, THE REGIONAL ROUNDTABLE SERIES WAS DESIGNED TO PROVIDE NONPROFIT LEADERS, COMMUNITY PIONEERS AND PEOPLE WITH LIVED EXPERIENCE WITH A PLATFORM TO EDUCATE MEMBERS AND OTHER FUNDERS ON PRESSING ISSUES IN OUR REGION. THESE MEETINGS PROVIDE TIMELY INFORMATION SO THAT REGIONAL PARTNERS CAN COORDINATE EFFORTS AND EXPLORE NEW INITIATIVES AND OPPORTUNITIES FOR COLLABORATION.2021 SPARX CONFERENCE: MOVING IN SOLIDARITY: BLAZING A PATH FOR PROGRESS-NEARLY 400 OF OUR REGIONAL PARTNERS CONVENED VIRTUALLY FOR SPARX 2021, WHERE WE EXPLORED HOW WE CAN SEIZE THE MOMENTUM FOR CHANGE FORGED OVER THE PAST YEAR AND MOVE FORWARD IN SOLIDARITY TO BUILD A MORE EQUITABLE FUTURE FOR ALL. OVER THE COURSE OF THE THREE-DAY EVENT, ATTENDEES HEARD POWERFUL KEYNOTE REMARKS FROM LATOSHA BROWN, JENNIFER CHING, VANESSA DANIEL AND VILAS DHAR, AND CHOOSE FROM A MENU OF SMALL GROUP DISCUSSIONS AND CONCURRENT SESSIONS THAT EXAMINED LESSONS FROM THE PATH WE'VE TRAVELED; HOW WE MOVE TOGETHER IN SOLIDARITY; AND SETTING AIM FOR A TRANSFORMATIVE FUTURE.COMMUNITY OUTREACH AND RECRUITMENT- PHILANTHROPY NETWORK STAFF AND LEADERSHIP WORKED TO RAISE THE ORGANIZATION'S PROFILE AND ENHANCE AWARENESS ABOUT THE PHILANTHROPIC SECTOR THROUGH SPEAKING ENGAGEMENTS, VOLUNTEER SERVICE AND OTHER OUTREACH AND INTERACTION WITH REGIONAL NONPROFIT AND COMMUNITY ORGANIZATIONS AND CIVIC LEADERS AND BY REPRESENTING PHILANTHROPY IN THE MEDIA. THE PHILANTHROPY NETWORK TEAM SPOKE OR SERVED AS A PANELIST REPRESENTING THE NETWORK AT A NUMBER OF PROGRAMS AND CONFERENCES THROUGHOUT THE YEAR. PHILANTHROPY NETWORK STAFF DEVOTED TIME AND RESOURCES TOWARDS MEMBER RECRUITMENT IN ORDER TO INCREASE THE NUMBER AND DIVERSITY OF OUR MEMBERS AND IN TURN ENHANCE THE ORGANIZATION'S ROLE AS A PHILANTHROPIC LEADER.
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IRS990/PYOtherRevenueAmt03648
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IRS990/PYRevenuesLessExpensesAmt0101899
IRS990/PYSalariesCompEmpBnftPaidAmt0587728
IRS990/PYTotalExpensesAmt01973768

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.80$0.03$0.77$0.59$0.65$0.06
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.91$0.08$0.83$1.22$1.50$0.28
2022Detailed filing. Detailed filing data is available for this year.$1.21$0.10$1.11$1.28$1.34$0.06
2021Detailed filing. Detailed filing data is available for this year.$1.31$0.14$1.17$3.06$2.66$0.40
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.93$0.15$0.77$2.08$1.97$0.10
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.73$0.06$0.67$1.33$1.51$0.18
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.93$0.07$0.85$1.38$0.96$0.42
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.47$0.03$0.44$0.81$0.92$0.11
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.57$0.03$0.55$0.96$0.95$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.57$0.03$0.54$0.85$0.79$0.06
2014Detailed filing. Detailed filing data is available for this year.$0.50$0.03$0.48$0.74$0.73$0.01
2013Summary only. Only limited summary data is available for this year.$0.48$0.01$0.47$0.75$0.71$0.04
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.44$0.01$0.43$0.57
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.46$0.02$0.45$0.53
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.48$0.01$0.46$0.57