Walk San Francisco Foundation

“A draft of the Form 990 is provided to the Executive Director, accountant, and board prior to its filing.”

“The organization reviews salaries for similar organizations in the Bay Area, arrives at a formula for raises based on performance and cost of living adjustments, and then conducts staff reviews involving key partners to determine the performance raise increase.”

“Form 990 is available at irs.gov and guidestar.org.”

“Upon request.”

“OTHER PROGRAM SERVICES 4: Safe Routes for Seniors:Traffic violence disproportionately affects older adults and people with disabilities: people over 65 are at least 50% of traffic deaths each year despite being 17.5% of the population. Data shows these crashes happen most often in Equity Priority Communities where a high percentage of lower-income seniors, people of color, and non-English speakers reside. Walk SFs Safe Streets for Seniors program is dedicated to keeping older adults active and engaged by creating safe streets. We do this through trainings, walk audits, and mobilize older adults to provide input on policies and projects that impact them.”

“PPP/ERC $23,825:In January 2021, new legislation from the Consolidated Appropriations Act included changes to Employee Retention Credit (ERC) eligibility for recipients of Paycheck Protection Program (PPP) loans. This favorable change enabled us to take advantage of the ERC, a fully refundable payroll tax credit, even after previously having received PPP funding and loan forgiveness, provided that the payroll identified for the ERC was not paid out of PPP funds. After confirming our eligibility, we accrued for the refund in March 2021, the same quarter that the new legislation took effect.However, after multiple unsuccessful attempts to contact the IRS on our ERC refund payment status, and given the length of time that had elapsed, with the expected credits retroactively pertaining to the first two quarter payroll periods of calendar year 2020, we made the judgment in June 2022 to remove these stale assets from our books. The expected payroll tax credit would have been $11,123 (Jan-Mar 2020 federal tax return) and $12,702 (Apr-Jun 2020 federal tax return), totaling $23,825.”