Liabilities / Assets
73rd percentile
Higher debt load relative to assets than 73% of similar nonprofits.
Bittersweet Foundation
990EZ • Fiscal year 2022 • EIN 46-1502118
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.04x
Liabilities / Revenue
74th percentile
Higher debt load relative to revenue than 74% of similar nonprofits.
Net Margin
83rd percentile
Higher net margin than 83% of similar nonprofits.
Top Officer Pay
78th percentile
Higher top officer pay than 78% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
89th percentile
Faster asset growth than 89% of similar nonprofits.
Revenue Growth
92nd percentile
Faster revenue growth than 92% of similar nonprofits.
Balance Sheet
Assets
Up$143,843
Up $63,705 (+79%) from 2021
Net Assets
Up$138,355
Up $65,229 (+89%) from 2021
Liabilities
Down$5,488
Down $1,524 (-22%) from 2021
Revenue And Expenses
Revenue
Up$176,164
Up $119,972 (+214%) from 2021
Expenses
Up$110,935
Up $62,786 (+130%) from 2021
Net Income
Up$65,229
Up $57,186 (+711%) from 2021
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2022 to Dec 31, 2022
- Signed
- Nov 15, 2023
- Return Version
- 2022v5.0
- Gross Receipts
- $176,164
Mission and Program Overview
Mission
Bittersweet foundation is a not-for-profit which features organizations doing inspiring and much needed work in response to the critical social issues of our day by publishing monthly stories centered around four globally-relevant themes: human rights, economic empowerment, public health, and community development. Topics range from refugee care to financial literacy, food deserts to elder care, anti-trafficking to housing for the homeless and more.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| NEWSLETTERS AND PODCASTS | $0 | $110,935 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| KATHERINE SCHMIDGALL | President | PT | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Bittersweet Foundation
- EIN
- 46-1502118
- Phone
- 3039042821
- Address
- 3001 N STREET SE, WASHINGTON, DC 20019-2142
Signing Officer
- Name
- Katherine Schmidgall
- Title
- President
- Phone
- 3039042821
- Signed
- 2023-11-15
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Saunders Strode & Trawick Pa
- Address
- 155 SUNNYNOLL CT SUITE 102, WINSTONSALEM, NC 27106
- Preparer
- Michael a Trawick
- Phone
- 3367652700
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 4 - Other Investment Income
“Description: interest income. Amount: 84. Description: royalties. Amount: 1,890. Total included on form 990-ez, line 4: 1,974.”
Form 990-ez, Part I, Line 16 - Other Expenses
“Description: bank charges. Amount: 785. Description: fees, dues & licenses. Amount: 1,535. Description: operations expense. Amount: 45,394. Total to form 990-ez, line 16: 47,714.”
Form 990-ez, Part II, Line 24 - Other Assets
“Description: bittersweet collective start-up costs advanced. Beg. Of year amount: 0. End of year amount: 6,350.”
Form 990-ez, Part II, Line 26 - Other Liabilities
“Description: accounts payable and accrued liabilities. Beg. Of year amount: 7,012. End of year amount: 5,488.”
Raw XML Appendix144 raw XML fields
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | 0 |
| IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | BITTERSWEET FOUNDATION |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 3039042821 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 3001 N STREET SE |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | WASHINGTON |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | DC |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 20019 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 80138 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 137493 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 174190 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 65229 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 21372 |
| IRS990EZ/FiledScheduleAInd | 0 | 1 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 80138 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 143843 |
| IRS990EZ/GrossReceiptsAmt | 0 | 176164 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 1974 |
| IRS990EZ/LobbyingActivitiesInd | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 73126 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 138355 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 73126 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 138355 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 197 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 5.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | KATHERINE SCHMIDGALL |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 6350 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 47714 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | BITTERSWEET FOUNDATION IS A NOT-FOR-PROFIT WHICH FEATURES ORGANIZATIONS DOING INSPIRING AND MUCH NEEDED WORK IN RESPONSE TO THE CRITICAL SOCIAL ISSUES OF OUR DAY BY PUBLISHING MONTHLY STORIES CENTERED AROUND FOUR GLOBALLY-RELEVANT THEMES: HUMAN RIGHTS, ECONOMIC EMPOWERMENT, PUBLIC HEALTH, AND COMMUNITY DEVELOPMENT. TOPICS RANGE FROM REFUGEE CARE TO FINANCIAL LITERACY, FOOD DESERTS TO ELDER CARE, ANTI-TRAFFICKING TO HOUSING FOR THE HOMELESS AND MORE. |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 14036 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | NEWSLETTERS AND PODCASTS |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 110935 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 27616 |
| IRS990EZ/SchoolOperatingInd | 0 | 0 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 7012 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 5488 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 110935 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 110935 |
| IRS990EZ/TotalRevenueAmt | 0 | 176164 |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | BITTERSWEETMONTHLY.COM |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 174190 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 55884 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 89174 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 127699 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 125135 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 572082 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 572082 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 174190 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 55884 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 89174 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 127699 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 125135 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 572082 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 572082 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | DESCRIPTION: INTEREST INCOME. AMOUNT: 84. DESCRIPTION: ROYALTIES. AMOUNT: 1,890. TOTAL INCLUDED ON FORM 990-EZ, LINE 4: 1,974. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | DESCRIPTION: BANK CHARGES. AMOUNT: 785. DESCRIPTION: FEES, DUES & LICENSES. AMOUNT: 1,535. DESCRIPTION: OPERATIONS EXPENSE. AMOUNT: 45,394. TOTAL TO FORM 990-EZ, LINE 16: 47,714. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | DESCRIPTION: BITTERSWEET COLLECTIVE START-UP COSTS ADVANCED. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 6,350. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | DESCRIPTION: ACCOUNTS PAYABLE AND ACCRUED LIABILITIES. BEG. OF YEAR AMOUNT: 7,012. END OF YEAR AMOUNT: 5,488. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES |
| TransferPrsnlBnftContractsDecl/DeclarationDesc | 0 | THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT. |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd | 0 | AAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd | 0 | IAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 2 |
| ReturnHeader/BuildTS | 0 | 2023-04-26 12:10:37Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | KATHERINE SCHMIDGALL |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 3039042821 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2023-11-15 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | BITTERSWEET FOUNDATION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | BITT |
| ReturnHeader/Filer/EIN | 0 | 461502118 |
| ReturnHeader/Filer/PhoneNum | 0 | 3039042821 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 3001 N STREET SE |
| ReturnHeader/Filer/USAddress/CityNm | 0 | WASHINGTON |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | DC |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 200192142 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | 0 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 561274171 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | SAUNDERS STRODE & TRAWICK PA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 155 SUNNYNOLL CT SUITE 102 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | WINSTONSALEM |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | NC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 27106 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 3367652700 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | MICHAEL A TRAWICK |
| ReturnHeader/ReturnTs | 0 | 2023-11-15T10:54:23-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | KATHERINE |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | SCHMIDGALL |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2022-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2022-12-31 |
| ReturnHeader/TaxYr | 0 | 2022 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $143,843
- Liabilities
- $5,488
- Net assets
- $138,355
- Revenue
- $176,164
- Expenses
- $110,935
- Net income
- $65,229