Civic Intelligence

Ncsl Foundation for State Legislatures

990 • Fiscal year 2024 • EIN 74-2232576

Jul 01, 2023 to Jun 30, 2024 • Filed on Feb 03, 2025

7700 East First PlaceDenver, CO 80230-7143

(303) 364-7700

Siviq Scores

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

Liabilities / Assets

53rd percentile

0.15x

Higher debt load relative to assets than 53% of similar nonprofits.

2024 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

23rd percentile

0.04x

Higher debt load relative to revenue than 23% of similar nonprofits.

2024 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

33rd percentile

-1.6%

Higher net margin than 33% of similar nonprofits.

2024 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

93rd percentile

$394,400

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 6.1% of source-year revenue.

2024 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2024

Asset Growth

6th percentile

-16%

Faster asset growth than 6% of similar nonprofits.

2024 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

14th percentile

-18%

Faster revenue growth than 14% of similar nonprofits.

2024 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Assets

Down

$1,692,334

Down $331,419 (-16%) from 2023

Net Assets

Down

$1,444,944

Down $103,517 (-6.7%) from 2023

Liabilities

Down

$247,390

Down $227,902 (-48%) from 2023

Revenue

Down

$6,448,482

Down $1,435,299 (-18%) from 2023

Expenses

Down

$6,551,999

Down $1,919,539 (-23%) from 2023

Net Income

Up

-$103,517

Up $484,240 (+82%) from 2023

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2011: $505,854Liabilities 2011: $2,874Net Assets 2011: $502,9802011Assets 2012: $518,582Liabilities 2012: $0Net Assets 2012: $518,5822012Assets 2013: $473,663Liabilities 2013: $0Net Assets 2013: $473,6632013Assets 2014: $508,032Liabilities 2014: $28,679Net Assets 2014: $479,3532014Assets 2015: $471,544Liabilities 2015: $0Net Assets 2015: $471,5442015Assets 2016: $445,737Liabilities 2016: $0Net Assets 2016: $445,7372016Assets 2017: $466,651Liabilities 2017: $0Net Assets 2017: $466,6512017Assets 2018: $428,202Liabilities 2018: $0Net Assets 2018: $428,2022018Assets 2019: $467,796Liabilities 2019: $0Net Assets 2019: $467,7962019Assets 2020: $531,454Liabilities 2020: $0Net Assets 2020: $531,4542020Assets 2021: $647,644Liabilities 2021: $104,130Net Assets 2021: $543,5142021Assets 2022: $2,211,691Liabilities 2022: $75,473Net Assets 2022: $2,136,2182022Assets 2023: $2,023,753Liabilities 2023: $475,292Net Assets 2023: $1,548,4612023Assets 2024: $1,692,334Liabilities 2024: $247,390Net Assets 2024: $1,444,9442024Assets 2025: $1,827,722Liabilities 2025: $566,144Net Assets 2025: $1,261,5782025

Highlighted filing

2024

Assets$1,692,334
Liabilities$247,390
Net Assets$1,444,944

Operations Trend

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

$10M$5.0M$0-$5.0MExpenses 2011: $3,278,1772011Expenses 2012: $2,859,4082012Expenses 2013: $2,803,2072013Revenue 2014: $3,078,989Expenses 2014: $3,073,299Net Income 2014: $5,6902014Revenue 2015: $3,230,438Expenses 2015: $3,238,247Net Income 2015: -$7,8092015Revenue 2016: $3,232,390Expenses 2016: $3,258,197Net Income 2016: -$25,8072016Revenue 2017: $3,179,316Expenses 2017: $3,158,402Net Income 2017: $20,9142017Revenue 2018: $3,629,331Expenses 2018: $3,642,780Net Income 2018: -$13,4492018Revenue 2019: $3,895,985Expenses 2019: $3,848,891Net Income 2019: $47,0942019Revenue 2020: $4,239,555Expenses 2020: $4,175,897Net Income 2020: $63,6582020Revenue 2021: $3,472,026Expenses 2021: $3,459,966Net Income 2021: $12,0602021Revenue 2022: $5,844,129Expenses 2022: $4,251,425Net Income 2022: $1,592,7042022Revenue 2023: $7,883,781Expenses 2023: $8,471,538Net Income 2023: -$587,7572023Revenue 2024: $6,448,482Expenses 2024: $6,551,999Net Income 2024: -$103,5172024Revenue 2025: $8,958,457Expenses 2025: $9,141,823Net Income 2025: -$183,3662025

Highlighted filing

2024

Revenue$6,448,482
Expenses$6,551,999
Net Income-$103,517
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Feb 3, 2025
Return Version
2023v6.0
Gross Receipts
$6,448,482
Mission and Program Overview

Mission

See schedule ostrengthen legislatures, counteract distrust and cynicism of the legislative process, and help legislators and legislative staff confront and solve critical public policy issues through public-private dialog.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,483,753$1,252,334▼ $231,419
Accounts Receivable$540,000$440,000▼ $100,000
Total Assets$2,023,753$1,692,334▼ $331,419
Liabilities
Accounts Payable and Accrued Expenses$475,292$247,390▼ $227,902
Total Liabilities$475,292$247,390▼ $227,902
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,471,820$1,315,803▼ $156,017
Net Assets With Donor Restrictions$76,641$129,141▲ $52,500
Total Net Assets Fund Balance$1,548,461$1,444,944▼ $103,517
Total Liabilities and Net Assets / Fund Balance$2,023,753$1,692,334▼ $331,419
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Ms Caroline CarlsonEx-director of Foundation ProgramsFT$152,629$26,180$178,809
Ms Diana NoelChief Development OfficerPT$73,522$6,706$80,228
Mr Timothy StoreyChief Executive Officer-$33,529$5,911$39,440
Revenue and Support

Revenue Composition

Contributions and Grants
$6,425,438
Program Service Revenue
$0
Investment Income
$20,544
Other Revenue
$2,500
All Other Contributions
$6,425,438
Change in Net Assets
$-103,517

Audited Revenue Reconciliation

Revenue per Audited Statements
$6,448,482
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$15,000
Total Revenue per Audited Statements
$6,463,482
Total Revenue per Form 990
$6,448,482
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$4,412,100
Other Expenses$1,263,288
Salaries, Compensation, and Employee Benefits$876,611
Total Fundraising Expense$696,589
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$4,412,100--$4,412,100
Fees for Services Other$714,226--$714,226
Other Salaries and Wages$82,129$92,127$456,209$630,465
Conferences and Meetings$250,037--$250,037
Other Employee Benefits$23,100$23,108$114,431$160,639
Travel$78,296--$78,296
Information Technology$12,733$10,142$50,225$73,100
Fees for Services Accounting-$63,988-$63,988
Payroll Taxes$8,024$6,392$31,651$46,067
Occupancy$7,086$5,643$27,949$40,678
Current Officers, Directors, Trustees, and Key Employees$39,440--$39,440
Fees for Services Legal-$23,637-$23,637
Office Expenses$1,241-$8,389$9,630
Other Expenses$1,961-$7,735$1,961
Total Functional Expenses$5,630,373$225,037$696,589$6,551,999

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$6,566,999
Expenses per Audited Statements$6,551,999
Total Expenses per Form 990$6,551,999
Expenses Not Reported on Form 990$15,000
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
National Conference of State LegislaturesDenver, COGovernmentTO SUPPORT ORGANIZATIONS'S MISSION$4,412,100
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
Audit committee
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
Yes
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 4

Ncsl foundation amended its by-laws during the year: board composition will consist of 57 members: 7 officers of the national conference of state legislatures (ncsl) 15 currently serving legislators 7 currently serving legislative staff 28 non-ncsl members known as "supporting directors" the term in office: officers of ncsl will serve for their term in office or up to 7 years other directors not serving as officers will serve 1 year terms and may not serve more than 3 consecutive terms. Qualifications: all non-supporting directors must be members in good standing of the ncsl supporting directors must be full-time employees of an organiztion which has contributed to the foundation

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

A copy of the form 990 was reviewed in its entirety by the chief executive officer and chief financial officer prior to the form's filing.

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

The board is asked once per year at the annual conference to sign a statement and requested to report if there is any change in their status during the year.

Form 990, Part VI, Section B, Line 15

Beginning in fiscal year 2022, 10% of the chief executive officer's compensation is allocated as being paid by ncsl foundation for state legislatures. The board of directors review and approve of the chief executive officer's compensation annually.

Form 990, Part VI, Section C, Line 19

Governing documents, conflict of interest policy and audited financial statements are available to the general public upon request.

Filing and Contact Details

Filer

Filer Name
Ncsl Foundation for State Legislatures
EIN
74-2232576
Phone
3033647700
Address
7700 EAST FIRST PLACE, DENVER, CO 80230-7143

Signing Officer

Name
Timothy Storey
Title
Chief Executive Officer
Phone
3033647700
Signed
2025-02-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Timothy Storey
Formed
1982
Legal Domicile
Co
Voting Board Members
43
Independent Board Members
43
Employees
0
Volunteers
43

Preparer

Firm
Plante & Moran Pllc
Address
8181 E TUFTS AVE SUITE 600, DENVER, CO 80237
Preparer
Dori J Eggett
Phone
3037409400
Supplemental Narrative

Additional Explanations

PART III, LINE 1, ORGANIZATION'S MISSION:

The objectives and purposes of the foundation are to: engage in research, technical assistance, and educational activity for the benefit of state legislatures and the general public; provide services to members and staff of the state legislatures as may be appropriate and consistent with the provisions of section 501(c)(3) of the internal revenue code; receive, invest and administer property of any kind; and to obtain and distribute the income and principal of these purposes and objectives.

Form 990, Part IX, Line 11G

Consulting: program service expenses 714,226. Management and general expenses 0. Fundraising expenses 0. Total expenses 714,226.

Part XII, Line 2C

The process has not changed from the prior year.

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IRS990/Form990PartVIISectionAGrp/PersonNm1MS CHRISTINE CSIZMADIA
IRS990/Form990PartVIISectionAGrp/PersonNm2MS ANNE SAPPENFIELD
IRS990/Form990PartVIISectionAGrp/PersonNm3HONORABLE MARVIN ABNEY
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IRS990/Form990PartVIISectionAGrp/PersonNm5MR PABLO BENAVENTE
IRS990/Form990PartVIISectionAGrp/PersonNm6HONORABLE ELAINE BOWERS
IRS990/Form990PartVIISectionAGrp/PersonNm7MR DAVID CASEY
IRS990/Form990PartVIISectionAGrp/PersonNm8MS NATALIE CASTLE
IRS990/Form990PartVIISectionAGrp/PersonNm9MR DAVID CHRISTMAN
IRS990/Form990PartVIISectionAGrp/PersonNm10MR RICK CIMERMAN
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IRS990/Form990PartVIISectionAGrp/PersonNm12HONORABLE KURT DAUDT
IRS990/Form990PartVIISectionAGrp/PersonNm13HONORABLE BOB DUFF
IRS990/Form990PartVIISectionAGrp/PersonNm14MS ASHLEY DWIRE
IRS990/Form990PartVIISectionAGrp/PersonNm15HONORABLE MARCUS C EVANS JR
IRS990/Form990PartVIISectionAGrp/PersonNm16MR MATT GEHRING
IRS990/Form990PartVIISectionAGrp/PersonNm17MR MARK GIUFFRE
IRS990/Form990PartVIISectionAGrp/PersonNm18MS ANIKA HAGENSON
IRS990/Form990PartVIISectionAGrp/PersonNm19HONORABLE BILL HANSELL
IRS990/Form990PartVIISectionAGrp/PersonNm20HONORABLE WAYNE HARPER
IRS990/Form990PartVIISectionAGrp/PersonNm21MR JON HEINING
IRS990/Form990PartVIISectionAGrp/PersonNm22MS JENNIFER KELLY
IRS990/Form990PartVIISectionAGrp/PersonNm23HONORABLE BRIAN PATRICK KENNEDY
IRS990/Form990PartVIISectionAGrp/PersonNm24HONORABLE GREG LEDING
IRS990/Form990PartVIISectionAGrp/PersonNm25MS SABRINA LEWELLEN
IRS990/Form990PartVIISectionAGrp/PersonNm26MR BRIAN MCANDREWS
IRS990/Form990PartVIISectionAGrp/PersonNm27HONORABLE JEREMY MILLER
IRS990/Form990PartVIISectionAGrp/PersonNm28HONORABLE ANN MILLNER
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IRS990/Form990PartVIISectionAGrp/PersonNm30MS MICHELLE PEACOCK
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IRS990/Form990PartVIISectionAGrp/PersonNm32MR CHRISTOPHER T RILEY
IRS990/Form990PartVIISectionAGrp/PersonNm33MR JOHN SNYDER
IRS990/Form990PartVIISectionAGrp/PersonNm34HONORABLE MICHAELLE SOLAGES
IRS990/Form990PartVIISectionAGrp/PersonNm35MS ANGELA STORSETH-COOPER
IRS990/Form990PartVIISectionAGrp/PersonNm36MS JENN STOWE
IRS990/Form990PartVIISectionAGrp/PersonNm37MR JEFF THIEBERT
IRS990/Form990PartVIISectionAGrp/PersonNm38MR KEVIN THOMPSON
IRS990/Form990PartVIISectionAGrp/PersonNm39MS ANGELA WILLIAMS
IRS990/Form990PartVIISectionAGrp/PersonNm40MR ETHAN WILSON
IRS990/Form990PartVIISectionAGrp/PersonNm41MS KATIE WRIGHT
IRS990/Form990PartVIISectionAGrp/PersonNm42MR FRED ZEYTOOJIAN
IRS990/Form990PartVIISectionAGrp/PersonNm43MR TIMOTHY STOREY
IRS990/Form990PartVIISectionAGrp/PersonNm44MS DIANA NOEL
IRS990/Form990PartVIISectionAGrp/PersonNm45MS CAROLINE CARLSON
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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY/TREASURER
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/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt24DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt25DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt26DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt27DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt28DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt29DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt30DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt31DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt32DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt33DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt34DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt35DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt36DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt37DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt38DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt39DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt40DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt41DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt42DIRECTOR

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.83$0.57$1.26$8.96$9.14$0.18
2024Detailed filing. Detailed filing data is available for this year.$1.69$0.25$1.44$6.45$6.55$0.10
2023Detailed filing. Detailed filing data is available for this year.$2.02$0.48$1.55$7.88$8.47$0.59
2022Detailed filing. Detailed filing data is available for this year.$2.21$0.08$2.14$5.84$4.25$1.59
2021Detailed filing. Detailed filing data is available for this year.$0.65$0.10$0.54$3.47$3.46$0.01
2020Detailed filing. Detailed filing data is available for this year.$0.53$0.00$0.53$4.24$4.18$0.06
2019Detailed filing. Detailed filing data is available for this year.$0.47$0.00$0.47$3.90$3.85$0.05
2018Detailed filing. Detailed filing data is available for this year.$0.43$0.00$0.43$3.63$3.64$0.01
2017Detailed filing. Detailed filing data is available for this year.$0.47$0.00$0.47$3.18$3.16$0.02
2016Detailed filing. Detailed filing data is available for this year.$0.45$0.00$0.45$3.23$3.26$0.03
2015Detailed filing. Detailed filing data is available for this year.$0.47$0.00$0.47$3.23$3.24$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.51$0.03$0.48$3.08$3.07$0.01
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.47$0.00$0.47$2.80
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.52$0.00$0.52$2.86
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.51$0.00$0.50$3.28