Civic Intelligence

Power Shift Network

990 • Fiscal year 2022 • EIN 45-5616367

Jul 01, 2021 to Jun 30, 2022 • Filed on May 15, 2023

PO Box 73116Washington, DC 20056

(202) 420-1707

Siviq Scores

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

Liabilities / Assets

62nd percentile

0.14x

Higher debt load relative to assets than 62% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

42nd percentile

0.05x

Higher debt load relative to revenue than 42% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

75th percentile

24%

Higher net margin than 75% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

74th percentile

$113,228

Higher top officer pay than 74% of similar nonprofits.

Top officer pay equals 5.1% of source-year revenue.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

95th percentile

124%

Faster asset growth than 95% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

92nd percentile

120%

Faster revenue growth than 92% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Assets

Up

$809,542

Up $447,405 (+124%) from 2021

Net Assets

Up

$696,411

Up $538,699 (+342%) from 2021

Liabilities

Down

$113,131

Down $91,294 (-45%) from 2021

Revenue

Up

$2,198,843

Up $1,198,944 (+120%) from 2021

Expenses

Up

$1,661,151

Up $554,150 (+50%) from 2021

Net Income

Up

$537,692

Up $644,794 (+602%) from 2021

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0-$500KAssets 2014: $125,075Liabilities 2014: $1,0882014Assets 2015: $44,865Liabilities 2015: $27,741Net Assets 2015: $17,1242015Assets 2016: $348,251Liabilities 2016: $14,181Net Assets 2016: $334,0702016Assets 2017: $62,863Liabilities 2017: $43,519Net Assets 2017: $19,3442017Assets 2018: $361,219Liabilities 2018: $23,233Net Assets 2018: $337,9862018Assets 2019: $428,926Liabilities 2019: $48,249Net Assets 2019: $380,6772019Assets 2020: $404,668Liabilities 2020: $151,258Net Assets 2020: $253,4102020Assets 2021: $362,137Liabilities 2021: $204,425Net Assets 2021: $157,7122021Assets 2022: $809,542Liabilities 2022: $113,131Net Assets 2022: $696,4112022Assets 2023: $297,084Liabilities 2023: $369,571Net Assets 2023: -$72,4872023

Highlighted filing

2022

Assets$809,542
Liabilities$113,131
Net Assets$696,411

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2014: $125,075Expenses 2014: $1,088Net Income 2014: $123,9872014Revenue 2015: $971,760Expenses 2015: $1,085,736Net Income 2015: -$113,9762015Revenue 2016: $980,724Expenses 2016: $663,778Net Income 2016: $316,9462016Revenue 2017: $603,557Expenses 2017: $918,283Net Income 2017: -$314,7262017Revenue 2018: $960,484Expenses 2018: $691,842Net Income 2018: $268,6422018Revenue 2019: $955,814Expenses 2019: $913,123Net Income 2019: $42,6912019Revenue 2020: $1,005,325Expenses 2020: $1,132,592Net Income 2020: -$127,2672020Revenue 2021: $999,899Expenses 2021: $1,107,001Net Income 2021: -$107,1022021Revenue 2022: $2,198,843Expenses 2022: $1,661,151Net Income 2022: $537,6922022Revenue 2023: $2,002,434Expenses 2023: $2,683,362Net Income 2023: -$680,9282023

Highlighted filing

2022

Revenue$2,198,843
Expenses$1,661,151
Net Income$537,692
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
May 15, 2023
Return Version
2021v4.2
Gross Receipts
$2,198,843
Mission and Program Overview

Mission

The Power Shift Network mobilizes the collective power of young people to mitigate climate change and create a just, clean energy future and resilient, thriving communities for all.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$104,000$378,500▲ $274,500
Cash and Non-Interest-Bearing Accounts$254,202$363,361▲ $109,159
Prepaid Expenses and Deferred Charges$3,830$59,018▲ $55,188
Land, Buildings, and Equipment, Net$0$8,663▲ $8,663
Total Assets$362,137$809,542▲ $447,405
Other Assets Total$105$0▼ $105
Liabilities
Unsecured Notes Loans Payable$160,700$0▼ $160,700
Accounts Payable and Accrued Expenses$43,725$113,131▲ $69,406
Total Liabilities$204,425$113,131▼ $91,294
Net Assets / Fund Balance
Net Assets With Donor Restrictions$140,079$701,015▲ $560,936
Net Assets Without Donor Restrictions$17,633$-4,604▼ $22,237
Total Net Assets Fund Balance$157,712$696,411▲ $538,699
Total Liabilities and Net Assets / Fund Balance$362,137$809,542▲ $447,405

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$8,663$8,756$17,419
Other Land Buildings$0$5,000$5,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Dany SigwaltExecutive DirectorFT$101,142$12,086$113,228

Board Members and Trustees

NameTitle
Michel LegendreBoard Member & Chair
Alexandra GraysonBoard Member
Jay MonteverdeBoard Member & Secretary
Katie KirchnerBoard Member & Treasurer
Cecili Thompson WilliamsFormer Board Member
Chante HarrisFormer Board Member
Revenue and Support

Revenue Composition

Contributions and Grants
$2,173,965
Program Service Revenue
$3,793
Investment Income
$0
Other Revenue
$21,085
All Other Contributions
$2,013,265
Change in Net Assets
$537,692
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$917,702
Other Expenses$729,199
Total Fundraising Expense$117,601
Grants and Similar Amounts Paid$14,250
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$513,669$131,179$39,633$684,481
Fees for Services Other$225,857$40,665$51,241$317,763
Travel$105,984$344$1,349$107,677
Current Officers, Directors, Trustees, and Key Employees$73,098$19,757$5,927$98,782
Conferences and Meetings$72,523$1,880$1,479$75,882
Information Technology$32,211$33,824$7,716$73,751
Other Employee Benefits$39,183$24,856$3,957$67,996
Payroll Taxes$50,878$11,785$3,780$66,443
Office Expenses$55,277$6,038$2,519$63,834
Fees for Services Accounting-$36,053-$36,053
Occupancy$10,705$18,233-$28,938
Grants to Domestic Orgs$14,250--$14,250
Other Expenses$9,000$2,064$0$11,064
Insurance-$8,277-$8,277
Depreciation Depletion$180$3,675-$3,855
Advertising$2,000$105-$2,105
Total Functional Expenses$1,204,815$338,735$117,601$1,661,151
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
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
Yes
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 B, Line 11B

All board members review a copy of the form 990 before it is filed.

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

The organization regularly and consistently monitors the conflict of interest policy. Board members annually review and sign the conflict of interest policy requirement.

Form 990, Part VI, Section B, Line 15A

Reviewed peer organization's compensation packages and designed a process for shaping offers across staff.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available upon request.

Filing and Contact Details

Filer

Filer Name
Power Shift Network
EIN
45-5616367
Phone
2024201707
Address
PO BOX 73116, WASHINGTON, DC 20056

Signing Officer

Name
Eriqah Vincent
Title
Co-executive Director
Phone
2024201707
Signed
2023-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Eriqah Vincent
Formed
2014
Legal Domicile
Dc
Voting Board Members
6
Independent Board Members
6
Employees
12
Volunteers
32

Preparer

Firm
Cliftonlarsonallen Llp
Address
220 S 6TH STREET SUITE 300, MINNEAPOLIS, MN 55402
Preparer
Deirdre Hodgson
Phone
6123764500
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Stipends: program service expenses 156,344. Management and general expenses 0. Fundraising expenses 400. Total expenses 156,744. Other professional fees: program service expenses 69,513. Management and general expenses 40,665. Fundraising expenses 50,841. Total expenses 161,019.

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IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt03793
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0OTHER INCOME - 2017 AMOUNT: $ 6,420. 2018 AMOUNT: $ 2,715. 2019 AMOUNT: $ 1,500. 2020 AMOUNT: $ 5,054. 2021 AMOUNT: $ 21,085.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt02173965
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0994845
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0997659
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0948569
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0947479
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt06062517
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt021085
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt05054
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt01500
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt02715
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt06420
IRS990ScheduleA/OtherIncome170Grp/TotalAmt036774
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.84960
IRS990ScheduleA/PublicSupportPY170Pct00.75270
IRS990ScheduleA/PublicSupportTotal170Amt05181730
IRS990ScheduleA/SubstantialContributorsTotAmt0880787
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt02173965
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0994845
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0997659
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0948569
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0947479
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt06062517
IRS990ScheduleA/TotalSupportAmt06099291
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt08663
IRS990ScheduleD/EquipmentGrp/DepreciationAmt08756
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt017419
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt05000
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt05000
IRS990ScheduleD/TotalBookValueLandBuildingsAmt08663
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL BOARD MEMBERS REVIEW A COPY OF THE FORM 990 BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION REGULARLY AND CONSISTENTLY MONITORS THE CONFLICT OF INTEREST POLICY. BOARD MEMBERS ANNUALLY REVIEW AND SIGN THE CONFLICT OF INTEREST POLICY REQUIREMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3REVIEWED PEER ORGANIZATION'S COMPENSATION PACKAGES AND DESIGNED A PROCESS FOR SHAPING OFFERS ACROSS STAFF.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5STIPENDS: PROGRAM SERVICE EXPENSES 156,344. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 400. TOTAL EXPENSES 156,744. OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 69,513. MANAGEMENT AND GENERAL EXPENSES 40,665. FUNDRAISING EXPENSES 50,841. TOTAL EXPENSES 161,019.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0362137
IRS990/TotalAssetsEOYAmt0809542
IRS990/TotalAssetsGrp/BOYAmt0362137
IRS990/TotalAssetsGrp/EOYAmt0809542
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt02173965
IRS990/TotalEmployeeCnt012
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt0117601
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0338735
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01204815
IRS990/TotalFunctionalExpensesGrp/TotalAmt01661151
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0204425
IRS990/TotalLiabilitiesEOYAmt0113131
IRS990/TotalLiabilitiesGrp/BOYAmt0204425
IRS990/TotalLiabilitiesGrp/EOYAmt0113131
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0157712
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0696411
IRS990/TotalOtherCompensationAmt012086
IRS990/TotalProgramServiceExpensesAmt01204815
IRS990/TotalProgramServiceRevenueAmt03793
IRS990/TotalReportableCompFromOrgAmt0101142
IRS990/TotalRevenueGrp/ExclusionAmt021085
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt03793
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02198843
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt032
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0362137
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0809542
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/FundraisingAmt01349
IRS990/TravelGrp/ManagementAndGeneralAmt0344
IRS990/TravelGrp/ProgramServicesAmt0105984
IRS990/TravelGrp/TotalAmt0107677
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt0160700
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 73116
IRS990/USAddress/CityNm0WASHINGTON
IRS990/USAddress/StateAbbreviationCd0DC
IRS990/USAddress/ZIPCd020056
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0WWW.POWERSHIFT.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0ERIQAH VINCENT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CO-EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum02024201707
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-05-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0POWER SHIFT NETWORK
ReturnHeader/Filer/BusinessNameControlTxt0POWE
ReturnHeader/Filer/EIN0455616367
ReturnHeader/Filer/PhoneNum02024201707
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 73116
ReturnHeader/Filer/USAddress/CityNm0WASHINGTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0DC
ReturnHeader/Filer/USAddress/ZIPCd020056
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0410746749
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CLIFTONLARSONALLEN LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0220 S 6TH STREET SUITE 300

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