Civic Intelligence

Nrf Foundation

990 • Fiscal year 2023 • EIN 52-1224690

Mar 01, 2022 to Feb 28, 2023 • Filed on Jul 05, 2023

Organization ProfileWWW.NRFFOUNDATION.ORG
1101 New York Avenue NW 1200Washington, DC 20005

(202) 783-7971

Siviq Scores

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

Liabilities / Assets

61st percentile

0.30x

Higher debt load relative to assets than 61% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Liabilities / Revenue

67th percentile

0.49x

Higher debt load relative to revenue than 67% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Net Margin

90th percentile

49%

Higher net margin than 90% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Top Officer Pay

100th percentile

$5,334,620

Higher top officer pay than 100% of similar nonprofits.

Top officer pay equals 49.2% of source-year revenue.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Asset Growth

85th percentile

32%

Faster asset growth than 85% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Revenue Growth

95th percentile

145%

Faster revenue growth than 95% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets61st percentile

Assets

Up

$18,080,185

Up $4,334,984 (+32%) from 2022

Net Assets

Up

$12,729,087

Up $4,766,387 (+60%) from 2022

Liabilities

Down

$5,351,098

Down $431,403 (-7.5%) from 2022

Revenue And Expenses
Liabilities / Revenue67th percentileNet Margin90th percentile

Revenue

Up

$10,843,365

Up $6,415,114 (+145%) from 2022

Expenses

Up

$5,533,148

Up $1,708,466 (+45%) from 2022

Net Income

Up

$5,310,217

Up $4,706,648 (+780%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth85th percentile

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

$30M$20M$10M$0Assets 2010: $3,087,289Liabilities 2010: $567,374Net Assets 2010: $2,519,9152010Assets 2011: $4,293,526Liabilities 2011: $542,480Net Assets 2011: $3,751,0462011Assets 2012: $4,913,959Liabilities 2012: $651,962Net Assets 2012: $4,261,9972012Assets 2013: $5,647,406Liabilities 2013: $569,898Net Assets 2013: $5,077,5082013Assets 2014: $5,853,526Liabilities 2014: $592,318Net Assets 2014: $5,261,2082014Assets 2015: $5,933,059Liabilities 2015: $536,467Net Assets 2015: $5,396,5922015Assets 2016: $6,771,827Liabilities 2016: $1,044,551Net Assets 2016: $5,727,2762016Assets 2017: $11,372,376Liabilities 2017: $3,410,492Net Assets 2017: $7,961,8842017Assets 2018: $10,803,356Liabilities 2018: $1,856,364Net Assets 2018: $8,946,9922018Assets 2019: $11,088,379Liabilities 2019: $2,465,539Net Assets 2019: $8,622,8402019Assets 2020: $9,557,340Liabilities 2020: $1,537,931Net Assets 2020: $8,019,4092020Assets 2021: $9,598,498Liabilities 2021: $2,019,962Net Assets 2021: $7,578,5362021Assets 2022: $13,745,201Liabilities 2022: $5,782,501Net Assets 2022: $7,962,7002022Assets 2023: $18,080,185Liabilities 2023: $5,351,098Net Assets 2023: $12,729,0872023Assets 2024: $21,772,767Liabilities 2024: $6,412,304Net Assets 2024: $15,360,4632024Assets 2025: $25,544,235Liabilities 2025: $12,562,013Net Assets 2025: $12,982,2222025

Highlighted filing

2023

Assets$18,080,185
Liabilities$5,351,098
Net Assets$12,729,087
Open 2023 Filing

Operations Trend

Revenue Growth95th percentile

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

$15M$10M$5.0M$0-$5.0MExpenses 2010: $1,432,7752010Revenue 2011: $2,431,641Expenses 2011: $1,521,194Net Income 2011: $910,4472011Revenue 2012: $2,380,130Expenses 2012: $1,914,381Net Income 2012: $465,7492012Expenses 2013: $1,755,3372013Revenue 2014: $2,165,171Expenses 2014: $2,262,095Net Income 2014: -$96,9242014Revenue 2015: $3,043,334Expenses 2015: $2,874,562Net Income 2015: $168,7722015Revenue 2016: $3,998,092Expenses 2016: $3,177,320Net Income 2016: $820,7722016Revenue 2017: $6,362,534Expenses 2017: $4,738,501Net Income 2017: $1,624,0332017Revenue 2018: $5,572,169Expenses 2018: $4,770,299Net Income 2018: $801,8702018Revenue 2019: $5,421,661Expenses 2019: $5,674,704Net Income 2019: -$253,0432019Revenue 2020: $5,568,273Expenses 2020: $6,211,850Net Income 2020: -$643,5772020Revenue 2021: $2,819,890Expenses 2021: $3,794,459Net Income 2021: -$974,5692021Revenue 2022: $4,428,251Expenses 2022: $3,824,682Net Income 2022: $603,5692022Revenue 2023: $10,843,365Expenses 2023: $5,533,148Net Income 2023: $5,310,2172023Revenue 2024: $9,275,963Expenses 2024: $7,431,567Net Income 2024: $1,844,3962024Revenue 2025: $11,709,944Expenses 2025: $14,410,360Net Income 2025: -$2,700,4162025

Highlighted filing

2023

Revenue$10,843,365
Expenses$5,533,148
Net Income$5,310,217
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Mar 1, 2022 to Feb 28, 2023
Signed
Jul 5, 2023
Return Version
2022v5.0
Gross Receipts
$12,512,575
Mission and Program Overview

Mission

To pursue the public education and research purposes of the national retail federation.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$7,509,676$9,846,184▲ $2,336,508
Investments in Publicly Traded Securities$5,023,812$5,663,670▲ $639,858
Accounts Receivable$849,912$2,123,278▲ $1,273,366
Prepaid Expenses and Deferred Charges$333,460$400,506▲ $67,046
Land, Buildings, and Equipment, Net$28,341$0▼ $28,341
Total Assets$13,745,201$18,080,185▲ $4,334,984
Other Assets Total$0$46,547▲ $46,547
Liabilities
Deferred Revenue$5,613,892$3,861,739▼ $1,752,153
Accounts Payable and Accrued Expenses$128,999$1,489,359▲ $1,360,360
Other Liabilities$39,610$0▼ $39,610
Total Liabilities$5,782,501$5,351,098▼ $431,403
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$5,891,248$10,785,768▲ $4,894,520
Net Assets With Donor Restrictions$2,071,452$1,943,319▼ $128,133
Total Net Assets Fund Balance$7,962,700$12,729,087▲ $4,766,387
Total Liabilities and Net Assets / Fund Balance$13,745,201$18,080,185▲ $4,334,984

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$0$226,640$226,640
Compensation and Service Providers
Top Officer Pay100th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
William ThorneExec Dir, Nrff/SVP, Pr NrfPT$245,834$147,955$393,789
Adam LukoskieVPFT$229,691$33,134$262,825

Board Members and Trustees

NameTitle
Tony SpringChair
Matthew R ShayPresident and CEO, Nrf
Ann Sattin Start 42022Director
Ashlee Chicoine Start 92022Director
Barbra BukovacDirector
Damu Mccoy Thru 102022Director
Karin Norington-reavesDirector
Keith LipertDirector
Kevin Ertell Start 42022Director
Lorraine Stomski Start 42022Director
M R AmirshahiDirector
Mark Irvin Start 42022Director
Megan Marr Start 12023Director
Michael ColaneriDirector
Richard WiddowsonDirector
Sherry YaskinDirector
Stephanie MartzSecretary and General Counsel

Highest Paid Contractors

ContractorServicesLocationCompensation
Ccmh Times Square LLCConference Lodging6903 ROCKLEDGE DRIVE SUITE 1500, Bethesda, MD 20817$553,833
Open Box 9 LLCDesign Services3805 12TH STREET NE, Washington, DC 20017$166,733
Stagwell Media LLCEducational Content1150 18TH STREET NW, Washington, DC 20036$110,000
Revenue and Support

Revenue Composition

Contributions and Grants
$5,968,400
Program Service Revenue
$5,990,245
Investment Income
$193,880
Other Revenue
$-1,309,160
All Other Contributions
$220,000
Change in Net Assets
$5,310,217
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,308,822
Salaries, Compensation, and Employee Benefits$1,587,714
Grants and Similar Amounts Paid$636,612
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$1,626,061$5,000-$1,631,061
Grants to Domestic Individuals$636,612--$636,612
Current Officers, Directors, Trustees, and Key Employees$531,101$55,000-$586,101
Other Salaries and Wages$501,225$81,300-$582,525
Payments to Affiliates-$500,000-$500,000
Conferences and Meetings$411,857$21,332-$433,189
Advertising$429,420$3,445-$432,865
Other Employee Benefits$301,797$51,165-$352,962
Office Expenses$162,113$62,506-$224,619
Payroll Taxes$58,414$7,712-$66,126
Travel$31,592$14,923-$46,515
Depreciation Depletion-$28,341-$28,341
Information Technology$3,500$1,502-$5,002
Fees for Services Accounting-$3,830-$3,830
Other Expenses$1,800$1,600-$3,400
Total Functional Expenses$4,695,492$837,656$0$5,533,148
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$1,669,210
Fundraising Gross Income$360,050
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala/auction$6,108,450$360,050$522,495$-162,445
Total Events$6,108,450$360,050$1,669,210$-1,309,160
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
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“Nrf's finance committee is a standing committee of the board of directors and is responsible for the financial and accounting matters of the federation and the foundation. As such, the finance committee has primary board responsibility for the review of the foundation's operating budget and audited financial statements. In its board authorized role, the finance committee also reviews the form 990 with the foundation's management. A complete copy of the 2022 form 990 was shared with the finance committee prior to its filing. The final return was signed by the foundation's tax advisor, rsm us llp, and the foundation's cfo and was filed on a timely basis.”

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

“Foundation employees adhere to the guidelines established by the national retail federation (nrf). Nrf periodically reviews its business ethics and employee conduct policy with staff. Board meetings of the nrf foundation are opened with either a written distribution of the nrf antitrust guidelines or a general reference to the fact that the nrf foundation does follow such guidelines and those attending the meeting are requested to adhere to them. The foundation's governing body also attests annually to the nrf conflict of interest policy adopted by the nrf foundation board. In the event a conflict is determined, the board member with the conflict is asked to recuse him or herself from voting on the matter under discussion.”

Form 990, Part VI, Section C, Line 19

“The nrf foundation makes its governing documents available to the public upon written request.”

Filing and Contact Details

Filer

Filer Name
Nrf Foundation
EIN
52-1224690
Phone
2027837971
Address
1101 NEW YORK AVENUE NW 1200, WASHINGTON, DC 20005

Signing Officer

Name
Zahilys Hernandez-perez
Title
Chief Financial Officer
Phone
2027837971
Signed
2023-07-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Matthew Shay
Formed
1981
Legal Domicile
Dc
Voting Board Members
15
Independent Board Members
14
Employees
0
Volunteers
300

Preparer

Firm
Rsm US Llp
Address
1250 H STREET SUITE 700, WASHINGTON, DC 20005
Preparer
Elizabeth W Heller
Phone
2022932200
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Professional fees: program service expenses 1,626,061. Management and general expenses 5,000. Fundraising expenses 0. Total expenses 1,631,061.”

Raw XML AppendixShowing 400 of 750 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.

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IRS990/Desc0RESEARCH AND RETAIL INDUSTRY PROJECTS: IN ORDER TO ENSURE FUTURE LEADERSHIP IN THE RETAIL INDUSTRY, THE FOUNDATION ACTIVELY WORKS WITH CURRENT RETAIL LEADERS, EDUCATIONAL INSTITUTIONS AND STUDENTS INFORMING AND EDUCATING THEM ABOUT CAREER PATHS WITHIN THE RETAIL INDUSTRY. THE FOUNDATION ALSO PROVIDES PLATFORMS WHERE ALL OF THESE PARTICIPANTS CAN MEET AND ENGAGE WITH ONE ANOTHER.
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1695000
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1733134
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1889450
IRS990/Form990PartVIISectionAGrp/PersonNm0MATTHEW R SHAY
IRS990/Form990PartVIISectionAGrp/PersonNm1TONY SPRING
IRS990/Form990PartVIISectionAGrp/PersonNm2M R AMIRSHAHI
IRS990/Form990PartVIISectionAGrp/PersonNm3BARBRA BUKOVAC
IRS990/Form990PartVIISectionAGrp/PersonNm4ASHLEE CHICOINE START 92022
IRS990/Form990PartVIISectionAGrp/PersonNm5MICHAEL COLANERI
IRS990/Form990PartVIISectionAGrp/PersonNm6KEVIN ERTELL START 42022
IRS990/Form990PartVIISectionAGrp/PersonNm7MARK IRVIN START 42022
IRS990/Form990PartVIISectionAGrp/PersonNm8KEITH LIPERT
IRS990/Form990PartVIISectionAGrp/PersonNm9MEGAN MARR START 12023
IRS990/Form990PartVIISectionAGrp/PersonNm10DAMU MCCOY THRU 102022
IRS990/Form990PartVIISectionAGrp/PersonNm11ANN SATTIN START 42022
IRS990/Form990PartVIISectionAGrp/PersonNm12LORRAINE STOMSKI START 42022
IRS990/Form990PartVIISectionAGrp/PersonNm13KARIN NORINGTON-REAVES
IRS990/Form990PartVIISectionAGrp/PersonNm14RICHARD WIDDOWSON
IRS990/Form990PartVIISectionAGrp/PersonNm15SHERRY YASKIN
IRS990/Form990PartVIISectionAGrp/PersonNm16STEPHANIE MARTZ
IRS990/Form990PartVIISectionAGrp/PersonNm17ADAM LUKOSKIE
IRS990/Form990PartVIISectionAGrp/PersonNm18WILLIAM THORNE
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt17229691
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt18349064
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt04416170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt16826949
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt18349063
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT AND CEO, NRF
IRS990/Form990PartVIISectionAGrp/TitleTxt1CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16SECRETARY AND GENERAL COUNSEL
IRS990/Form990PartVIISectionAGrp/TitleTxt17VP
IRS990/Form990PartVIISectionAGrp/TitleTxt18EXEC DIR, NRFF/SVP, PR NRF
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01981
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt05748400
IRS990/FundraisingDirectExpensesAmt01669210
IRS990/FundraisingGrossIncomeAmt0360050
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt015
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt0636612
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt0636612
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt012512575
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt014
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt01502
IRS990/InformationTechnologyGrp/ProgramServicesAmt03500
IRS990/InformationTechnologyGrp/TotalAmt05002
IRS990/InvestmentIncomeGrp/ExclusionAmt0193880
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0193880
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt05023812
IRS990/InvestmentsPubTradedSecGrp/EOYAmt05663670
IRS990/IRPDocumentCnt024
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0226640
IRS990/LandBldgEquipBasisNetGrp/BOYAmt028341
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LandBldgEquipCostOrOtherBssAmt0226640
IRS990/LegalDomicileStateCd0DC
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE NRF FOUNDATION SHAPES RETAIL'S FUTURE BY BUILDING AWARENESS OF THE INDUSTRY THROUGH STATISTICS AND STORIES; DEVELOPING TALENT THROUGH EDUCATION, EXPERIENCES AND SCHOLARSHIPS; AND FOSTERING CAREER GROWTH AMONG PEOPLE WHO WORK IN RETAIL.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt07962700
IRS990/NetAssetsOrFundBalancesEOYAmt012729087
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-1309160
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-1309160
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-543830
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt05891248
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt010785768
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt062506
IRS990/OfficeExpensesGrp/ProgramServicesAmt0162113
IRS990/OfficeExpensesGrp/TotalAmt0224619
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt046547
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt051165
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0301797
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0352962
IRS990/OtherExpensesGrp/Desc0OTHER SERVICES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01600
IRS990/OtherExpensesGrp/ProgramServicesAmt01800
IRS990/OtherExpensesGrp/TotalAmt03400
IRS990/OtherLiabilitiesGrp/BOYAmt039610
IRS990/OtherLiabilitiesGrp/EOYAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt081300
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0501225
IRS990/OtherSalariesAndWagesGrp/TotalAmt0582525
IRS990/PartialLiquidationInd00
IRS990/PaymentsToAffiliatesGrp/ManagementAndGeneralAmt0500000
IRS990/PaymentsToAffiliatesGrp/TotalAmt0500000
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt07712
IRS990/PayrollTaxesGrp/ProgramServicesAmt058414
IRS990/PayrollTaxesGrp/TotalAmt066126
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0333460
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0400506
IRS990/PrincipalOfficerNm0MATTHEW SHAY
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611430
IRS990/ProgramServiceRevenueGrp/BusinessCd1611710
IRS990/ProgramServiceRevenueGrp/BusinessCd2611600
IRS990/ProgramServiceRevenueGrp/Desc0ASSESS/CERTIFICATIONS
IRS990/ProgramServiceRevenueGrp/Desc1SPONSORSHIPS
IRS990/ProgramServiceRevenueGrp/Desc2PUBLICATIONS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt04336292
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11003175
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2650778
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt04336292
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11003175
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2650778
IRS990/ProgSrvcAccomActy2Grp/Desc0RISE UP: TRAINING AND CREDENTIALING INITIATIVE DESIGNED BY THE RETAIL INDUSTRY TO HELP PEOPLE - REGARDLESS OF EDUCATIONAL BACKGROUND, ECONOMIC MEANS OR AGE - ACQUIRE THE SKILLS THEY NEED TO LAND JOBS IN RETAIL AND ADVANCE INTO PROMISING CAREERS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0998511
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt04459417
IRS990/ProgSrvcAccomActy3Grp/Desc0SCHOLARSHIP PROGRAMS: IN SUPPORT OF ITS MISSION TO ADVANCE THE INTERESTS OF THE RETAIL INDUSTRY THROUGH EDUCATION, THE FOUNDATION SPONSORS SEVERAL PROGRAMS PROVIDING SCHOLARSHIPS TO INDVIDUALS ATTENDING ELIGIBLE INSTITUTIONS WHO ARE INTERESTED IN A VARIETY OF CAREERS WITHIN THE INDUSTRY. THE CRITERIA FOR AWARDING SCHOLARSHIPS ARE FURTHER DESCRIBED IN SCHEDULE I OF THIS FORM 990.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0636612
IRS990/ProgSrvcAccomActy3Grp/GrantAmt0636612
IRS990/ProgSrvcAccomActyOtherGrp/Desc0CAREERS/STUDENT OUTREACH
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt01392538
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt04000
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0277250
IRS990/PYInvestmentIncomeAmt0280793
IRS990/PYOtherExpensesAmt01742911
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt04143458
IRS990/PYRevenuesLessExpensesAmt0603569
IRS990/PYSalariesCompEmpBnftPaidAmt01804521
IRS990/PYTotalExpensesAmt03824682
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt04428251
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt05310217
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00

Document Assets

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Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$18,080,185
Liabilities
$5,351,098
Net assets
$12,729,087
Revenue
$10,843,365
Expenses
$5,533,148
Net income
$5,310,217
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$25.5$12.6$13.0$11.7$14.4$2.70
2024Detailed filing. Detailed filing data is available for this year.$21.8$6.41$15.4$9.28$7.43$1.84
2023Detailed filing. Detailed filing data is available for this year.$18.1$5.35$12.7$10.8$5.53$5.31
2022Detailed filing. Detailed filing data is available for this year.$13.7$5.78$7.96$4.43$3.82$0.60
2021Detailed filing. Detailed filing data is available for this year.$9.60$2.02$7.58$2.82$3.79$0.97
2020Detailed filing. Detailed filing data is available for this year.$9.56$1.54$8.02$5.57$6.21$0.64
2019Detailed filing. Detailed filing data is available for this year.$11.1$2.47$8.62$5.42$5.67$0.25
2018Detailed filing. Detailed filing data is available for this year.$10.8$1.86$8.95$5.57$4.77$0.80
2017Detailed filing. Detailed filing data is available for this year.$11.4$3.41$7.96$6.36$4.74$1.62
2016Detailed filing. Detailed filing data is available for this year.$6.77$1.04$5.73$4.00$3.18$0.82
2015Detailed filing. Detailed filing data is available for this year.$5.93$0.54$5.40$3.04$2.87$0.17
2014Detailed filing. Detailed filing data is available for this year.$5.85$0.59$5.26$2.17$2.26$0.10
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.65$0.57$5.08$1.76
2012Summary only. Only limited summary data is available for this year.$4.91$0.65$4.26$2.38$1.91$0.47
2011Summary only. Only limited summary data is available for this year.$4.29$0.54$3.75$2.43$1.52$0.91
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.09$0.57$2.52$1.43