Civic Intelligence

Time'S Up Foundation

990 • Fiscal year 2021 • EIN 82-4526736

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 14, 2022

16000 Ventura Blvd Ste 900Encino, CA 91436

(818) 574-0703

Siviq Scores

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

Liabilities / Assets

61st percentile

0.22x

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

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Liabilities / Revenue

63rd percentile

0.29x

Higher debt load relative to revenue than 63% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Net Margin

2nd percentile

-145%

Higher net margin than 2% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Top Officer Pay

95th percentile

$502,954

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 11.9% of source-year revenue.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Asset Growth

1st percentile

-51%

Faster asset growth than 1% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2020 to 2021

Revenue Growth

2nd percentile

-77%

Faster revenue growth than 2% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2020 to 2021

Assets

Down

$5,569,747

Down $5,743,476 (-51%) from 2020

Net Assets

Down

$4,356,742

Down $6,139,231 (-58%) from 2020

Liabilities

Up

$1,213,005

Up $395,755 (+48%) from 2020

Revenue

Down

$4,230,664

Down $14,208,620 (-77%) from 2020

Expenses

Up

$10,369,896

Up $1,459,969 (+16%) from 2020

Net Income

Down

-$6,139,232

Down $15,668,589 (-164%) from 2020

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2018: $300,561Liabilities 2018: $171,463Net Assets 2018: $129,0982018Assets 2019: $1,666,359Liabilities 2019: $699,743Net Assets 2019: $966,6162019Assets 2020: $11,313,223Liabilities 2020: $817,250Net Assets 2020: $10,495,9732020Assets 2021: $5,569,747Liabilities 2021: $1,213,005Net Assets 2021: $4,356,7422021Assets 2022: $2,971,112Liabilities 2022: $1,847,095Net Assets 2022: $1,124,0172022Assets 2023: $0Liabilities 2023: $0Net Assets 2023: $02023

Highlighted filing

2021

Assets$5,569,747
Liabilities$1,213,005
Net Assets$4,356,742

Operations Trend

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

$20M$10M$0-$10MRevenue 2018: $361,651Expenses 2018: $232,553Net Income 2018: $129,0982018Revenue 2019: $9,777,053Expenses 2019: $8,939,535Net Income 2019: $837,5182019Revenue 2020: $18,439,284Expenses 2020: $8,909,927Net Income 2020: $9,529,3572020Revenue 2021: $4,230,664Expenses 2021: $10,369,896Net Income 2021: -$6,139,2322021Revenue 2022: $146,448Expenses 2022: $3,379,173Net Income 2022: -$3,232,7252022Revenue 2023: $52,955Expenses 2023: $1,180,270Net Income 2023: -$1,127,3152023

Highlighted filing

2021

Revenue$4,230,664
Expenses$10,369,896
Net Income-$6,139,232
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 14, 2022
Return Version
2021v4.2
Gross Receipts
$4,230,664
Mission and Program Overview

Mission

The time's up foundation insists upon safe, fair, and dignified work for all by changing culture, companies, and laws. We enable more people to seek justice through the time's up legal defense fund. We pioneer innovative research driving toward solutions to address systemic inequality and injustice in the workplace through the time's up impact lab. We reshape key industries from within so they serve as a model for all industries.

The Time's Up Foundation insists upon safe, fair, and dignified work for all by changing culture, companies, and laws. We enable more people to seek justice though the Time's Up Legal Defense Fund. We pioneer innovative research driving toward solutions to address systemic inequality and injustice in the workplace through the Time's Up Impact Lab. And we reshape key industries from within so they serve as a model for all industries.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$5,498,983$4,510,932▼ $988,051
Cash and Non-Interest-Bearing Accounts$245,638$438,547▲ $192,909
Pledges and Grants Receivable$5,002,038$276,784▼ $4,725,254
Prepaid Expenses and Deferred Charges$61,544$63,687▲ $2,143
Land, Buildings, and Equipment, Net$17,439$40,566▲ $23,127
Investments in Publicly Traded Securities$14,994$0▼ $14,994
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0--
Investments Program Related$0--
Loans From Officers Directors-$0-
Total Assets$11,313,223$5,569,747▼ $5,743,476
Other Assets Total$472,587$239,231▼ $233,356
Liabilities
Accounts Payable and Accrued Expenses$302,944$812,577▲ $509,633
Other Liabilities$39,787$200,428▲ $160,641
Grants Payable$474,519$200,000▼ $274,519
Total Liabilities$817,250$1,213,005▲ $395,755
Net Assets / Fund Balance
Net Assets With Donor Restrictions$9,376,438--
Net Assets Without Donor Restrictions$1,119,535$4,356,742▲ $3,237,207
Total Net Assets Fund Balance$10,495,973$4,356,742▼ $6,139,231
Total Liabilities and Net Assets / Fund Balance$11,313,223$5,569,747▼ $5,743,476

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$26,827$7,811-
Equipment$13,739$7,811-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
-President and CEO through 8/2021PT$451,533$51,421$502,954
-Chief Operating OfficerPT$382,212$36,438$418,650
-Chief Financial OfficerPT$269,249$43,194$312,443
-Chief Development OfficerPT$272,338$3,537$275,875
-Senior Vice PresidentPT$250,000$15,962$265,962
-Vice President, Advocacy & Survivor JusticePT$200,292$36,020$236,312
-Vice President,CommunicationsPT$194,385-$194,385
-Senior Director, Strategic InitiativesPT$147,855$9,825$157,680
-Director, Major GiftsPT$143,539$3,940$147,479
-Associate DirectorPT$111,678$17,717$129,395
-Associate Director, Data AnalysisPT$115,769$8,240$124,009

Board Members and Trustees

NameTitle
-Chair through 9/4/21
-Vice Chair through 9/4/21
-Director
-Director through 9/4/21
-Secretary
-Secretary through 9/4/21
-Treasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Ideo LLPDesign and Consulting780 High Street, PMB 12, Palo Alto, CA 94301$669,968
Arnold & Porterlegal services601 Massachusetts Avenue NW, 81873, Washington, DC 20001$175,990
Leilani BrownConsultant1985 riviera Drive 103, 2nd Floor, Mount Pleasant, SC 29464$162,000
Team Blackbird LLCconsulting8605 Santa Monica Blvd, West Hollywood, CA 90069$113,750
Cogent Strategies LLCConsulting2550 M Street NW, Washington, DC 20037$110,250
Revenue and Support

Revenue Composition

Contributions and Grants
$4,228,579
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$2,085
All Other Contributions
$4,228,579
Change in Net Assets
$-6,139,232
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$5,472,146
Other Expenses$3,441,654
Grants and Similar Amounts Paid$1,447,898
Total Fundraising Expense$464,294
Professional Fundraising Fees$8,198

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$2,205,325$545,007$207,870$2,958,202
Fees for Services Other$2,471,857$94,252$24,562$2,590,671
Other Salaries and Wages$1,655,602$409,154$156,054$2,220,810
Grants to Domestic Orgs$1,447,898--$1,447,898
Payroll Taxes$177,629$92,091$21,345$291,065
Advertising$185,514$10,499$2,825$198,838
Occupancy$123,975$46,143$13,186$183,304
Fees for Services Legal$128,666$34,311$8,578$171,555
Travel$72,747$26,714-$99,461
Fees for Services Accounting$47,150$18,640$5,015$70,805
Information Technology$42,589$20,495$4,529$67,613
Office Expenses$17,798$5,370$10,923$34,091
Depreciation Depletion$10,403$4,112$1,107$15,622
Fees for Services Professional Fundraising--$8,198$8,198
Other Employee Benefits$869$1,200-$2,069
Fees for Services Management$550$217$58$825
Other Expenses$284$165$44$493
Total Functional Expenses$8,593,236$1,312,366$464,294$10,369,896
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
National Women's Law CenterWashington, DC501(c)(3)Pledged contributions to support legal and defense fund$603,290
New York Foundation for the ArtsBrooklyn, NY501(c)(3)Support a culture of accountability and equity within the museum sector.$228,166
Panorama GlobalSeattle, WA501(c)(3)To support systemic change in the American workplace.$100,000
The Regents of the University of CaliforniaBerkley, CA501(c)(3)Exploitation and well-being of the early care and education workforce.$60,000
Regents of the University of MinnesotaMinneapolis, MNGovtTUMU COVID-19 research$55,000
Insight Center for Community Economic DevelopmentOakland, CA501(c)(3)TUMU Research$50,000
National Employment Law ProjectNew York, NY501(c)(3)Grant to support systemic gender discrimination in the workplace$50,000
President and Fellows of Harvard CollegeBoston, MA501(c)(3)Support inequality in precarious working conditions during COVID19$50,000
Women's Fund of HawaiiHonolulu, HI501(c)(3)TUMU research grant for the report: "The Gendered Impact of COVID19 in Hawaii"$25,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$8,198
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees-$0-
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Insurance Expense$200,428
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 1A Material differences in voting rights

The executive committee has the authority to act on behalf of the governing body. The 2021 executive committee had the following members: Nina Shaw, Shonda Rhimes, Katie McGrath, Gaby Sulzberger, Roberta Kaplan.

Form 990, Part VI, Line 6 Classes of members or stockholders

Time's Up Foundation has two members.

Form 990, Part VI, Line 7A Members or stockholders electing members of governing body

The members have the right to elect and remove directors.

Form 990, Part VI, Line 7B Decisions requiring approval by members or stockholders

The members have the right to approve any amendment to the articles of incorporation or bylaws, or approve any merger or consolidation with another entity, sale of all or the majority of the corporation's assets, change in the corporation's tax-exempt status, or dissolution.

Form 990, Part VI, Line 11B Review of form 990 by governing body

A draft copy of the form 990 return is provided to the board of directors, president, audit committee and outside legal counsel for their review prior to filing.

Form 990, Part VI, Line 12C Conflict of interest policy

The organization's conflict of interest policy requires directors, officers and key employees ("covered persons") to disclose actual or potential conflicts of interest immediately to the board of directors or a committee designated by the board. In connection with a conflict of interest, the covered person is recused from any deliberation or decision on the transaction giving rise to the conflict, and the board or committee of disinterested persons will determine whether the transaction is in the organization's best interests not withstanding the conflict. Covered persons are required to review and certify compliance with the policy on an annual basis.

Form 990, Part VI, Line 15A Process to establish compensation of top management official

The compensation of the CEO and other officers are benchmarked with other like organizations while considering our ambition to recruit the kind of talent we needed as an organization, independently, without the participation of interested persons.

Form 990, Part VI, Line 19 Required documents available to the public

The organization makes it governing documents, conflict of interest policy and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
TIME'S UP FOUNDATION
EIN
82-4526736
Phone
8185740703
Address
16000 Ventura Blvd Ste 900, Encino, CA 91436

Signing Officer

Name
Tshombe Hubbard
Title
CFO
Phone
8185740703
Signed
2022-11-14
Discuss with paid preparer
Yes

Organization Details

Formed
2018
Legal Domicile
De
Voting Board Members
4
Independent Board Members
4
Employees
44
Volunteers
73

Preparer

Firm
Aronson LLC
Address
111 Rockville Pike Suite 600, Rockville, MD 20850
Preparer
Robert Eby CPA
Phone
3012316200
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D Description of other program services

(Expenses $ 857,615 including grants of $) Public Policy Change Work: The foundation endeavors to develop policies and change legislation on the state, local, and national level while creating opportunities for individuals to take-action.

Form 990, Part III, Line 4D Description of other program services

(Expenses $ 591,753 including grants of $) Other misc program services

Form 990, Part IX, Line 11G Other Fees

Consulting - Total Expense: 2590671, Program Service Expense: 2471857, Management and General Expenses: 94252, Fundraising Expenses: 24562;

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IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt0Christina Tchen
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt1Gabrielle Sulzberger
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt2Raffi Freedman-Gurspan
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt3Aileen Lee
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt4Ana Navarro
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt5Ashley Judd
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt6Christy Haubegger
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt7Cindi Leive
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt8Colleen DeCourcy
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt9Dame Heather Rabbats
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt10Esther Choo
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt11Eva Longoria
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt12Fatima Gross-Graves
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt13Hilary Rosen
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt14Jurnee Smollett
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt15Kara Nortman
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt16Katie McGrath
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt17Michelle Kydd-Lee
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt18Nina Shaw
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt19Roberta Kaplan
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt20Shonda Rhimes
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt21Valerie Jarrett
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt22Victoria Jackson
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt23Hubbard Tshombe
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt24Fuller Chelsea
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt25Isabel Orbon
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt26Lyles Latifa
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt27Ngoc Nguyen
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt28AKINWOLE - BANDELE MONIFA
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt29Allison Lee
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt30Anwesha Majumder
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt31Emily Koh
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt32Jones Michelle
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IRS990/Form990PartVIISectionAGrp/TitleTxt0President and CEO through 8/2021
IRS990/Form990PartVIISectionAGrp/TitleTxt1Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt2Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director through 9/4/21
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director through 9/4/21
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director through 9/4/21
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director through 9/4/21
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director through 9/4/21
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director through 9/4/21
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director through 9/4/21
IRS990/Form990PartVIISectionAGrp/TitleTxt12Director through 9/4/21
IRS990/Form990PartVIISectionAGrp/TitleTxt13Director through 9/4/21
IRS990/Form990PartVIISectionAGrp/TitleTxt14Director through 9/4/21
IRS990/Form990PartVIISectionAGrp/TitleTxt15Director through 9/4/21
IRS990/Form990PartVIISectionAGrp/TitleTxt16Director through 9/4/21
IRS990/Form990PartVIISectionAGrp/TitleTxt17Director through 9/4/21
IRS990/Form990PartVIISectionAGrp/TitleTxt18Vice Chair through 9/4/21
IRS990/Form990PartVIISectionAGrp/TitleTxt19Chair through 9/4/21
IRS990/Form990PartVIISectionAGrp/TitleTxt20Secretary through 9/4/21
IRS990/Form990PartVIISectionAGrp/TitleTxt21Director through 9/4/21
IRS990/Form990PartVIISectionAGrp/TitleTxt22Director through 9/4/21
IRS990/Form990PartVIISectionAGrp/TitleTxt23Chief Financial Officer
IRS990/Form990PartVIISectionAGrp/TitleTxt24Vice President,Communications
IRS990/Form990PartVIISectionAGrp/TitleTxt25Director, Major Gifts
IRS990/Form990PartVIISectionAGrp/TitleTxt26Vice President, Advocacy & Survivor Justice
IRS990/Form990PartVIISectionAGrp/TitleTxt27Senior Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt28Chief Operating Officer
IRS990/Form990PartVIISectionAGrp/TitleTxt29CHIEF DEVELOPMENT OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt30Associate Director, Data Analysis
IRS990/Form990PartVIISectionAGrp/TitleTxt31Senior Director, Strategic Initiatives
IRS990/Form990PartVIISectionAGrp/TitleTxt32Associate Director
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