Civic Intelligence

The Walter Kaitz Foundation

990 • Fiscal year 2021 • EIN 94-2666764

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 11, 2022

25 Massachusetts Ave NW Suite 100Washington, DC 20001

(202) 222-2490

Siviq Scores

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

Liabilities / Assets

50th percentile

0.07x

Higher debt load relative to assets than 50% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

63rd percentile

0.18x

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

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

16th percentile

-9.4%

Higher net margin than 16% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

100th percentile

$7,558,137

Higher top officer pay than 100% of similar nonprofits.

Top officer pay equals 477.0% of source-year revenue.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

32nd percentile

1.9%

Faster asset growth than 32% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

31st percentile

-0.3%

Faster revenue growth than 31% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Assets

Up

$4,291,830

Up $78,053 (+1.9%) from 2020

Net Assets

Up

$4,008,530

Up $61,285 (+1.6%) from 2020

Liabilities

Up

$283,300

Up $16,768 (+6.3%) from 2020

Revenue

Down

$1,584,583

Down $4,772 (-0.3%) from 2020

Expenses

Up

$1,734,155

Up $82,810 (+5.0%) from 2020

Net Income

Down

-$149,572

Down $87,582 (-141%) from 2020

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2010: $5,374,116Liabilities 2010: $206,988Net Assets 2010: $5,167,1282010Assets 2011: $5,284,905Liabilities 2011: $266,053Net Assets 2011: $5,018,8522011Assets 2012: $5,624,268Liabilities 2012: $266,551Net Assets 2012: $5,357,7172012Assets 2013: $5,712,114Liabilities 2013: $283,781Net Assets 2013: $5,428,3332013Assets 2014: $5,150,436Liabilities 2014: $208,448Net Assets 2014: $4,941,9882014Assets 2015: $4,294,570Liabilities 2015: $222,209Net Assets 2015: $4,072,3612015Assets 2016: $3,903,883Liabilities 2016: $274,240Net Assets 2016: $3,629,6432016Assets 2017: $3,859,288Liabilities 2017: $312,203Net Assets 2017: $3,547,0852017Assets 2018: $3,455,559Liabilities 2018: $173,188Net Assets 2018: $3,282,3712018Assets 2019: $3,965,877Liabilities 2019: $193,757Net Assets 2019: $3,772,1202019Assets 2020: $4,213,777Liabilities 2020: $266,532Net Assets 2020: $3,947,2452020Assets 2021: $4,291,830Liabilities 2021: $283,300Net Assets 2021: $4,008,5302021Assets 2022: $3,662,471Liabilities 2022: $234,547Net Assets 2022: $3,427,9242022Assets 2023: $3,666,462Liabilities 2023: $123,782Net Assets 2023: $3,542,6802023Assets 2024: $0Liabilities 2024: $0Net Assets 2024: $02024

Highlighted filing

2021

Assets$4,291,830
Liabilities$283,300
Net Assets$4,008,530

Operations Trend

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

$5.0M$0-$5.0MRevenue 2010: $1,871,004Expenses 2010: $1,795,790Net Income 2010: $75,2142010Revenue 2011: $1,945,501Expenses 2011: $1,968,841Net Income 2011: -$23,3402011Revenue 2012: $1,994,329Expenses 2012: $1,967,743Net Income 2012: $26,5862012Revenue 2013: $2,007,127Expenses 2013: $2,053,927Net Income 2013: -$46,8002013Revenue 2014: $2,032,962Expenses 2014: $2,565,905Net Income 2014: -$532,9432014Revenue 2015: $1,991,908Expenses 2015: $2,640,316Net Income 2015: -$648,4082015Revenue 2016: $2,148,930Expenses 2016: $2,560,982Net Income 2016: -$412,0522016Revenue 2017: $2,210,322Expenses 2017: $2,445,363Net Income 2017: -$235,0412017Revenue 2018: $1,896,252Expenses 2018: $1,878,253Net Income 2018: $17,9992018Revenue 2019: $1,610,425Expenses 2019: $1,928,601Net Income 2019: -$318,1762019Revenue 2020: $1,589,355Expenses 2020: $1,651,345Net Income 2020: -$61,9902020Revenue 2021: $1,584,583Expenses 2021: $1,734,155Net Income 2021: -$149,5722021Revenue 2022: $1,635,283Expenses 2022: $1,565,848Net Income 2022: $69,4352022Revenue 2023: $1,531,214Expenses 2023: $1,815,946Net Income 2023: -$284,7322023Revenue 2024: $1,202,826Expenses 2024: $4,605,087Net Income 2024: -$3,402,2612024

Highlighted filing

2021

Revenue$1,584,583
Expenses$1,734,155
Net Income-$149,572
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 11, 2022
Return Version
2021v4.2
Gross Receipts
$1,692,774
Mission and Program Overview

Mission

The walter kaitz foundation is a national organization dedicated to diversity within the cable and broadband industry. The foundation has adopted a comprehensive program to fulfill its mission. This approach includes a grant awarding program, enhancing the industry's supplier diversity program, creating a comprehensive website, and strengthening ties within our nation's diverse communities.

The walter kaitz foundation is a national organization dedicated to diversity within the cable and broadband industry.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$3,231,278$3,574,099▲ $342,821
Savings and Temporary Cash Investments$671,435$382,248▼ $289,187
Cash and Non-Interest-Bearing Accounts$104,116$232,283▲ $128,167
Prepaid Expenses and Deferred Charges$25,940$52,175▲ $26,235
Accounts Receivable$181,008$51,025▼ $129,983
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$4,213,777$4,291,830▲ $78,053
Liabilities
Accounts Payable and Accrued Expenses$201,532$205,800▲ $4,268
Deferred Revenue$65,000$77,500▲ $12,500
Total Liabilities$266,532$283,300▲ $16,768
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,947,245$4,008,530▲ $61,285
Total Net Assets Fund Balance$3,947,245$4,008,530▲ $61,285
Total Liabilities and Net Assets / Fund Balance$4,213,777$4,291,830▲ $78,053

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$0$4,275$4,275
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Michelle RayExecutive DirectorFT$242,714$91,327$334,041

Board Members and Trustees

NameTitle
Dave WatsonChairman
Patrick EsserImmediate Past Chairman
Michael PowellPresident & CEO
Pat McadaraghVice-chairman
Alfred Liggins IiiDirector
Charlie CollierDirector
David NevinsDirector
David ZaslavDirector
Frank DrendelDirector
James PitaroDirector
Jason KilarDirector
John EvansDirector
John PascarelliDirector
Joshua SapanDirector
Paul BuccieriDirector
Phil SpencerDirector
Richard SjobergDirector
Ronald DuncanDirector
Sandy HoweDirector
Bob BakishSecretary
Thomas RutledgeTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,377,114
Program Service Revenue
$70,000
Investment Income
$137,469
Other Revenue
$0
All Other Contributions
$626,920
Change in Net Assets
$-149,572

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,579,025
Revenue Not Reported on Financial Statements
$5,558
Revenue Not Reported on Form 990
$259,071
Total Revenue per Audited Statements
$1,838,096
Total Revenue per Form 990
$1,584,583
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$826,600
Salaries, Compensation, and Employee Benefits$711,878
Total Fundraising Expense$310,774
Other Expenses$195,677
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$826,600--$826,600
Current Officers, Directors, Trustees, and Key Employees$150,319$66,808$116,914$334,041
Other Salaries and Wages$129,720$57,653$100,894$288,267
Fees for Services Other$68,684-$11,314$79,998
Payroll Taxes$17,349$7,711$13,493$38,553
Fees for Services Accounting$15,661$6,960$12,180$34,801
Pension Plan Contributions$13,111$5,827$10,197$29,135
Other Employee Benefits$9,847$4,376$7,659$21,882
Office Expenses$2,953$1,312$2,299$6,564
Fees for Service Investment Mgmnt Fees-$5,558-$5,558
Travel$2,826--$2,826
Other Expenses$103$46$81$230
Conferences and Meetings$96$42$75$213
Total Functional Expenses$1,266,749$156,632$310,774$1,734,155

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,776,811
Total Expenses per Form 990$1,734,155
Expenses per Audited Statements$1,728,597
Expenses Not Reported on Form 990$48,214
Expenses Not Reported on Financial Statements$5,558
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Natl Assoc for Multi-ethnicity in CommNew York, NY501(c)(6)Promote Diversity in the Cable Industry$270,000
Emma Bowen FoundationNew York, NY501(c)(3)Promote Diversity in the Cable Industry$259,100
Women in Cable TelecommunicationsWashington, DC501(c)(3)Promote Diversity in the Cable Industry$252,500
T Howard FoundationSilver Spring, MD501(c)(3)Promote Diversity in the Cable Industry$45,000
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
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
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 7A

The ncta board of directors have been appointed the powers and duties of the board of trustees of the walter kaitz foundation. Ncta's board of directors are elected by the members of ncta. The officers of the organization, including the chairman, vice-chairman, secretary, treasurer, and past-chairman, approve the operating budget, grants awarded by the organization, and make decisions relating to the formal dinner which brings all of the membership together.

Form 990, Part VI, Section A, Line 7B

Please see the explanation offered in reference to form 990, part vi, section a, line 7a.

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

Prior to filing of federal form 990, the form is mailed to all board members who independently review the form.

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

The foundation consistently monitors and enforces compliance with the conflict of interest policy by addressing any conflicts at every board meeting.

Form 990, Part VI, Section B, Line 15

The foundation's employees are billed through ncta's payroll, with ncta acting as a common paymaster and being reimbursed to ncta for personnel costs. Ncta has the following procedures in place: top management, officers, and key employees undergo an annual performance review of the individual's compensation. The organization's board of directors must review and approve the compensation of the president & ceo. The annual compensation adjustments for all other staff is reviewed by the president & ceo. The organization also used salary surveys to ensure that compensation amounts are within guidelines for all employees.

Form 990, Part VI, Section C, Line 19

The foundation provides its governing documents, conflict of interest policy, and financial statements to the public upon request.

Filing and Contact Details

Filer

Filer Name
The Walter Kaitz Foundation
EIN
94-2666764
Phone
2022222490
Address
25 MASSACHUSETTS AVE NW SUITE 100, WASHINGTON, DC 20001

Signing Officer

Name
Michelle Ray
Title
Executive Director
Phone
2022222490
Signed
2022-11-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michelle Ray
Formed
1980
Legal Domicile
CA
Voting Board Members
21
Independent Board Members
20
Employees
0
Volunteers
0

Preparer

Firm
Cohnreznick Llp
Address
7501 WISCONSIN AVENUE SUITE 400E, BETHESDA, MD 20814
Preparer
DANIEL O'SHEA
Phone
3016529100
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

The foundation believes that it has appropriate support for any tax positions taken, and, as such, it does not have any uncertain tax positions that are material to the financial statements. The foundation recognizes interest expense and penalties related to unrecognized tax benefits in management and general expenses on the statements of activities and change in net assets and accounts payable and accrued expenses in the statements of financial position. There is no provision in these financial statements for penalties and interest related to unrecognized tax benefits for the years ended december 31, 2021 and 2020. Tax years prior to 2018 are no longer subject to examination by the internal revenue service and the tax jurisdictions of california and the district of columbia.

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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt190
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt200
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2154882
IRS990/Form990PartVIISectionAGrp/PersonNm0DAVE WATSON
IRS990/Form990PartVIISectionAGrp/PersonNm1MICHAEL POWELL
IRS990/Form990PartVIISectionAGrp/PersonNm2THOMAS RUTLEDGE
IRS990/Form990PartVIISectionAGrp/PersonNm3BOB BAKISH
IRS990/Form990PartVIISectionAGrp/PersonNm4PAT MCADARAGH
IRS990/Form990PartVIISectionAGrp/PersonNm5PATRICK ESSER
IRS990/Form990PartVIISectionAGrp/PersonNm6PAUL BUCCIERI
IRS990/Form990PartVIISectionAGrp/PersonNm7CHARLIE COLLIER
IRS990/Form990PartVIISectionAGrp/PersonNm8FRANK DRENDEL
IRS990/Form990PartVIISectionAGrp/PersonNm9RONALD DUNCAN
IRS990/Form990PartVIISectionAGrp/PersonNm10JOHN EVANS
IRS990/Form990PartVIISectionAGrp/PersonNm11SANDY HOWE
IRS990/Form990PartVIISectionAGrp/PersonNm12JASON KILAR
IRS990/Form990PartVIISectionAGrp/PersonNm13ALFRED LIGGINS III
IRS990/Form990PartVIISectionAGrp/PersonNm14DAVID NEVINS
IRS990/Form990PartVIISectionAGrp/PersonNm15JOHN PASCARELLI
IRS990/Form990PartVIISectionAGrp/PersonNm16JAMES PITARO
IRS990/Form990PartVIISectionAGrp/PersonNm17JOSHUA SAPAN
IRS990/Form990PartVIISectionAGrp/PersonNm18RICHARD SJOBERG
IRS990/Form990PartVIISectionAGrp/PersonNm19PHIL SPENCER
IRS990/Form990PartVIISectionAGrp/PersonNm20DAVID ZASLAV
IRS990/Form990PartVIISectionAGrp/PersonNm21MICHELLE RAY
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/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt21279159
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt17498932
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/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt210
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1PRESIDENT & CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4VICE-CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt5IMMEDIATE PAST CHAIRMAN
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/TitleTxt21EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01980
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolAndSepBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt064779
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt021
IRS990/GrantAmt0826600
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0826600
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0826600
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0172970
IRS990/GrossReceiptsAmt01692774
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt020
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt072690
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt072690
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt03231278
IRS990/InvestmentsPubTradedSecGrp/EOYAmt03574099
IRS990/IRPDocumentCnt06
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt04275
IRS990/LandBldgEquipBasisNetGrp/BOYAmt00
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LandBldgEquipCostOrOtherBssAmt04275
IRS990/LegalDomicileStateCd0CA
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0108191
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembershipDuesAmt0750194
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE WALTER KAITZ FOUNDATION IS A NATIONAL ORGANIZATION DEDICATED TO DIVERSITY WITHIN THE CABLE AND BROADBAND INDUSTRY. THE FOUNDATION HAS ADOPTED A COMPREHENSIVE PROGRAM TO FULFILL ITS MISSION. THIS APPROACH INCLUDES A GRANT AWARDING PROGRAM, ENHANCING THE INDUSTRY'S SUPPLIER DIVERSITY PROGRAM, CREATING A COMPREHENSIVE WEBSITE, AND STRENGTHENING TIES WITHIN OUR NATION'S DIVERSE COMMUNITIES.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt03947245
IRS990/NetAssetsOrFundBalancesEOYAmt04008530
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt064779
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt064779
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0210857
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt03947245
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt04008530
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/FundraisingAmt02299
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01312
IRS990/OfficeExpensesGrp/ProgramServicesAmt02953
IRS990/OfficeExpensesGrp/TotalAmt06564
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt07659
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt04376
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt09847
IRS990/OtherEmployeeBenefitsGrp/TotalAmt021882
IRS990/OtherExpensesGrp/Desc0SPONSORSHIP
IRS990/OtherExpensesGrp/Desc1HONORARIA
IRS990/OtherExpensesGrp/Desc2DUES AND SUBSCRIPTIONS
IRS990/OtherExpensesGrp/Desc3FILNG FEES
IRS990/OtherExpensesGrp/FundraisingAmt034668
IRS990/OtherExpensesGrp/FundraisingAmt1407
IRS990/OtherExpensesGrp/FundraisingAmt2593
IRS990/OtherExpensesGrp/FundraisingAmt381
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0339
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt146
IRS990/OtherExpensesGrp/ProgramServicesAmt025500
IRS990/OtherExpensesGrp/ProgramServicesAmt13218
IRS990/OtherExpensesGrp/ProgramServicesAmt2762
IRS990/OtherExpensesGrp/ProgramServicesAmt3103
IRS990/OtherExpensesGrp/TotalAmt060168
IRS990/OtherExpensesGrp/TotalAmt13625
IRS990/OtherExpensesGrp/TotalAmt21694
IRS990/OtherExpensesGrp/TotalAmt3230
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0100894
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt057653
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0129720
IRS990/OtherSalariesAndWagesGrp/TotalAmt0288267
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt013493
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt07711
IRS990/PayrollTaxesGrp/ProgramServicesAmt017349
IRS990/PayrollTaxesGrp/TotalAmt038553
IRS990/PensionPlanContributionsGrp/FundraisingAmt010197
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt05827
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt013111
IRS990/PensionPlanContributionsGrp/TotalAmt029135
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt025940
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt052175
IRS990/PrincipalOfficerNm0MICHELLE RAY
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0SPONSORSHIPS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt070000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt070000
IRS990/ProgSrvcAccomActy2Grp/Desc0OUTREACH PROGRAM - THE PROGRAM COORDINATES EFFORTS WITHIN THE CABLE AND BROADBAND INDUSTRY, AND THE BROADER COMMUNITIES WITH WHICH THE INDUSTRY INTERACTS. THE FOUNDATION WEBSITE PROMOTES THE WORK OF THE FOUNDATION, DISSEMINATES DIVERSITY BEST PRACTICES, AND MAINTAINS INFORMATION ON OPPORTUNITIES IN THE INDUSTRY. INDIVIDUALS AND DIVERSE SUPPLIERS MAY ALSO ATTEND EVENTS SCHEDULED ON THE FOUNDATION'S CALENDAR AND UTILIZE OTHER USEFUL LINKS AND RESOURCES ON THE WEBSITE.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0440149
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01389150
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0823880
IRS990/PYInvestmentIncomeAmt0200205
IRS990/PYOtherExpensesAmt0133612
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-61990
IRS990/PYSalariesCompEmpBnftPaidAmt0693853
IRS990/PYTotalExpensesAmt01651345
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01589355
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-149572
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.00$0.00$0.00$1.20$4.61$3.40
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.67$0.12$3.54$1.53$1.82$0.28
2022Detailed filing. Detailed filing data is available for this year.$3.66$0.23$3.43$1.64$1.57$0.07
2021Detailed filing. Detailed filing data is available for this year.$4.29$0.28$4.01$1.58$1.73$0.15
2020Detailed filing. Detailed filing data is available for this year.$4.21$0.27$3.95$1.59$1.65$0.06
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.97$0.19$3.77$1.61$1.93$0.32
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.46$0.17$3.28$1.90$1.88$0.02
2017Detailed filing. Detailed filing data is available for this year.$3.86$0.31$3.55$2.21$2.45$0.24
2016Detailed filing. Detailed filing data is available for this year.$3.90$0.27$3.63$2.15$2.56$0.41
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.29$0.22$4.07$1.99$2.64$0.65
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.15$0.21$4.94$2.03$2.57$0.53
2013Summary only. Only limited summary data is available for this year.$5.71$0.28$5.43$2.01$2.05$0.05
2012Summary only. Only limited summary data is available for this year.$5.62$0.27$5.36$1.99$1.97$0.03
2011Summary only. Only limited summary data is available for this year.$5.28$0.27$5.02$1.95$1.97$0.02
2010Summary only. Only limited summary data is available for this year.$5.37$0.21$5.17$1.87$1.80$0.08