Civic Intelligence

Mastercard Foundation (Fka the Mastercard Foundation)

990 • Fiscal year 2017 • EIN 98-0543843

Jan 01, 2017 to Dec 31, 2017 • Filed on May 15, 2018

Organization Profilewww.mastercardfdn.org
250 Yonge Street Suite 2400Toronto, Ontario M5B 2L7CA

(416) 214-2857

Siviq Scores

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

Liabilities / Assets

3rd percentile

0.00x

Higher debt load relative to assets than 3% of similar nonprofits.

2017 filings • $1B+ nonprofits • Source year 2017

Liabilities / Revenue

6th percentile

0.03x

Higher debt load relative to revenue than 6% of similar nonprofits.

2017 filings • $1B+ nonprofits • Source year 2017

Net Margin

1st percentile

-138%

Higher net margin than 1% of similar nonprofits.

2017 filings • $1B+ nonprofits • Source year 2017

Top Officer Pay

23rd percentile

$650,198

Higher top officer pay than 23% of similar nonprofits.

Top officer pay equals 0.5% of source-year revenue.

2017 filings • $1B+ nonprofits • Source year 2017

Asset Growth

97th percentile

45%

Faster asset growth than 97% of similar nonprofits.

2017 filings • $1B+ nonprofits • Annualized from 2016 to 2017

Revenue Growth

16th percentile

0.2%

Faster revenue growth than 16% of similar nonprofits.

2017 filings • $1B+ nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets3rd percentile

Assets

Up

$14,004,487,207

Up $4,343,505,802 (+45%) from 2016

Net Assets

Up

$14,000,979,006

Up $4,342,351,321 (+45%) from 2016

Liabilities

Up

$3,508,201

Up $1,154,481 (+49%) from 2016

Revenue And Expenses
Liabilities / Revenue6th percentileNet Margin1st percentile

Revenue

Up

$127,535,564

Up $306,455 (+0.2%) from 2016

Expenses

Up

$303,912,742

Up $26,304,169 (+9.5%) from 2016

Net Income

Down

-$176,377,178

Down $25,997,714 (-17%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth97th percentile

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

$60B$40B$20B$0Assets 2011: $3,748,420,096Liabilities 2011: $658,820Net Assets 2011: $3,747,761,2762011Assets 2012: $4,941,558,410Liabilities 2012: $1,416,161Net Assets 2012: $4,940,142,2492012Assets 2013: $8,271,025,202Liabilities 2013: $1,860,869Net Assets 2013: $8,269,164,3332013Assets 2014: $8,257,954,830Liabilities 2014: $1,268,878Net Assets 2014: $8,256,685,9522014Assets 2015: $9,179,286,169Liabilities 2015: $3,435,825Net Assets 2015: $9,175,850,3442015Assets 2016: $9,660,981,405Liabilities 2016: $2,353,720Net Assets 2016: $9,658,627,6852016Assets 2017: $14,004,487,207Liabilities 2017: $3,508,201Net Assets 2017: $14,000,979,0062017Assets 2018: $17,401,495,233Liabilities 2018: $5,667,903Net Assets 2018: $17,395,827,3302018Assets 2019: $27,598,914,371Liabilities 2019: $10,659,197Net Assets 2019: $27,588,255,1742019Assets 2020: $31,477,405,206Liabilities 2020: $5,945,475Net Assets 2020: $31,471,459,7312020Assets 2021: $30,798,947,472Liabilities 2021: $9,406,052Net Assets 2021: $30,789,541,4202021Assets 2022: $29,242,305,789Liabilities 2022: $7,993,373Net Assets 2022: $29,234,312,4162022Assets 2023: $42,194,078,620Liabilities 2023: $23,161,101Net Assets 2023: $42,170,917,5192023Assets 2024: $50,320,893,084Liabilities 2024: $35,372,293Net Assets 2024: $50,285,520,7912024

Highlighted filing

2017

Assets$14,004,487,207
Liabilities$3,508,201
Net Assets$14,000,979,006
Open 2017 Filing

Operations Trend

Revenue Growth16th percentile

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

$8.0B$6.0B$4.0B$2.0B$0-$2.0BRevenue 2011: $91,641,846Expenses 2011: $87,184,901Net Income 2011: $4,456,9452011Revenue 2012: $69,188,580Expenses 2012: $114,710,587Net Income 2012: -$45,522,0072012Revenue 2013: $91,693,608Expenses 2013: $184,764,982Net Income 2013: -$93,071,3742013Revenue 2014: $39,458,181Expenses 2014: $191,470,300Net Income 2014: -$152,012,1192014Revenue 2015: $110,258,304Expenses 2015: $206,307,876Net Income 2015: -$96,049,5722015Revenue 2016: $127,229,109Expenses 2016: $277,608,573Net Income 2016: -$150,379,4642016Revenue 2017: $127,535,564Expenses 2017: $303,912,742Net Income 2017: -$176,377,1782017Revenue 2018: $112,205,391Expenses 2018: $297,523,351Net Income 2018: -$185,317,9602018Revenue 2019: $192,147,513Expenses 2019: $357,605,773Net Income 2019: -$165,458,2602019Revenue 2020: $356,789,232Expenses 2020: $947,737,147Net Income 2020: -$590,947,9152020Revenue 2021: $422,948,756Expenses 2021: $1,496,169,880Net Income 2021: -$1,073,221,1242021Revenue 2022: $424,109,307Expenses 2022: $1,377,301,146Net Income 2022: -$953,191,8392022Revenue 2023: $680,266,338Expenses 2023: $1,533,523,522Net Income 2023: -$853,257,1842023Revenue 2024: $6,513,121,957Expenses 2024: $1,633,430,674Net Income 2024: $4,879,691,2832024

Highlighted filing

2017

Revenue$127,535,564
Expenses$303,912,742
Net Income-$176,377,178
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
May 15, 2018
Return Version
2017v2.3
Gross Receipts
$328,978,895
Mission and Program Overview

Mission

Mastercard foundation seeks a world where everyone has the opportunity to learn and prosper. The foundation's work is guided by its mission to advance learning and financial inclusion for people living in poverty.

MASTERCARD FOUNDATION'S WORK IS GUIDED BY ITS MISSION TO ADVANCE LEARNING AND FINANCIAL INCLUSION FOR PEOPLE lIVING IN POVERTY

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$9,646,301,816$13,967,145,300▲ $4,320,843,484
Savings and Temporary Cash Investments$9,227,182$31,460,481▲ $22,233,299
Land, Buildings, and Equipment, Net$3,060,844$2,819,396▼ $241,448
Accounts Receivable$1,081,033$1,254,206▲ $173,173
Prepaid Expenses and Deferred Charges$966,309$1,200,580▲ $234,271
Intangible Assets$344,221$607,244▲ $263,023
Cash and Non-Interest-Bearing Accounts$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$9,660,981,405$14,004,487,207▲ $4,343,505,802
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$2,054,375$2,874,361▲ $819,986
Grants Payable$255,115$613,800▲ $358,685
Other Liabilities$44,230$20,040▼ $24,190
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$2,353,720$3,508,201▲ $1,154,481
Net Assets / Fund Balance
Temporarily Rstr Net Assets$9,644,402,576$13,967,145,300▲ $4,322,742,724
Unrestricted Net Assets$14,225,109$33,833,706▲ $19,608,597
Permanently Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$9,658,627,685$14,000,979,006▲ $4,342,351,321
Total Liabilities and Net Assets / Fund Balance$9,660,981,405$14,004,487,207▲ $4,343,505,802

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$2,234,492$562,925$2,797,417
Other Land Buildings$441,114$167,551$608,665
Equipment$143,790$171,095$314,885

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2017$9,442,959,245-▲ $4,524,186,327-$13,967,145,299
2016$9,168,689,479-▲ $274,270,467-$9,442,959,245
2015$8,249,210,825$16,774,271▲ $902,706,973-$9,168,689,479
2014$8,011,250,521$105,385,917▲ $132,589,047-$8,249,210,825
2013$4,842,633,000$164,576,577▲ $3,004,073,001-$8,011,250,521
Compensation and Service Providers
Top Officer Pay23rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Reeta RoyPresident/CEOFT$630,000$57,848$650,198
Ann MilesDirector, Financial InclusionFT$303,655$47,732$361,387
Peter MateruDirector, Edu Learning & YouthFT$274,489$14,769$326,908
Peggy WooCFOFT$241,857$16,132$257,989
Steve CummingSr Program Mgr, Youth LivelihoFT$100,665$86,775$187,440
Lindsay WallaceDirector, Learning & StrategyFT$165,079$18,597$183,676
Sharon AltonDirector, Human ResourcesFT$168,916$21,348$182,816
Stefan HarpeDeputy Director, Financial IncFT$143,345$38,067$181,412
James CookeDirector, Finance & AccountingFT$161,238$17,491$178,729
Toni TiemensDeputy Director, CommunicationFT$138,987$26,284$162,719
Kim KerrDEPUTY DIRECTOR, Edu &learningFT$138,342$15,548$153,890
James MclntyreProgram MGR, Education&learngFT$69,102$84,638$153,740
Mary TangelderSr Program Mgr, Youth LivelihoFT$135,775$9,189$144,964
Meredith LeeDeputy Director, Youth LivelihFT$136,016$8,891$144,907
Alemayehu Konde KoriaSr Program Mgr, Youth LivelihoFT$135,926$8,327$144,253

Board Members and Trustees

NameTitle
James Jim LeechBoard Chair
Douglas Doug BaillieBoard Vice-chair
Hutham OlayanBoard Secretary/Treasurer
Craig CalhounDirector
Festus MogaeDirector
Jay IrelandDirector
Jendayi FrazerDirector
Valerie AmosDirector
Zein AbdallaDirector

Highest Paid Contractors

ContractorServicesLocationCompensation
Millennium Travel Pty LtdTravel, Conference99 Madison Ave Floor 17, New York, NY 10016$1,109,970
Dalberg Consulting US LLCconsulting services-$1,094,289
Environics CommunicationsPublic Relation Serv1101 Connecticut Avenue NW Suite, Washington, DC 20036, Rw$869,619
Green Space LtdConstruction,prof. S-$415,108
Heidrick Struggles IncSearch, Consultation1133 Paysphere Circle, Chicago, IL 60674-1010, Sf$412,552
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$127,064,191
Other Revenue
$471,373
Change in Net Assets
$-176,377,178

Audited Revenue Reconciliation

Revenue per Audited Statements
$127,440,040
Revenue Not Reported on Financial Statements
$95,524
Revenue Not Reported on Form 990
$4,518,728,500
Other Revenue Adjustments
$95,524
Total Revenue per Audited Statements
$4,646,168,540
Total Revenue per Form 990
$127,535,564
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$278,150,727
Other Expenses$15,904,522
Salaries, Compensation, and Employee Benefits$9,857,493
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$171,858,146--$171,858,146
Grants to Domestic Orgs$106,292,581--$106,292,581
Other Salaries and Wages$3,118,211$2,918,978-$6,037,189
Fees for Services Other$2,646,820$3,096,792-$5,743,612
Conferences and Meetings$3,828,510$25,100-$3,853,610
Current Officers, Directors, Trustees, and Key Employees$881,815$1,757,910-$2,639,725
Occupancy$156,794$1,433,254-$1,590,048
Travel$942,782$634,462-$1,577,244
Other Employee Benefits$662,401$518,178-$1,180,579
Office Expenses-$1,076,485-$1,076,485
Information Technology-$530,804-$530,804
Depreciation Depletion-$516,221-$516,221
Fees for Services Legal$160,920$288,366-$449,286
Other Expenses$35,390$248,736-$284,126
Fees for Services Accounting-$141,925-$141,925
Insurance-$141,161-$141,161
Total Functional Expenses$290,584,370$13,328,372$0$303,912,742

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$303,912,742
Total Expenses per Form 990$303,912,742
Total Expenses per Audited Statements$303,817,218
Expenses Not Reported on Form 990$-95,524
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Arizona State UniversityTempe, AZOtherYouth Learning$10,645,780
michigan state universityeast lansing, MI501(c)3youth learning$10,083,590
International Finance CorporationWashington, DCnon-profitFinancial Inclusion$9,277,236
BRAC USA IncNew York, NY501(c)3Youth Learning$6,950,146
Mercy CorpsPortland, OR501(c)3Financial Inclusion$6,094,035
University of California BerkeleyBerkeley, CA501(c)3Youth Learning$5,709,480
UNITED NATIONS Capital Development FundNew York, NYOtherFinancial Inclusion$4,947,475
International Bank for Reconstruction and DevelopWashington, DCNON-ProfitFinancial Inclusion$4,435,037
TechnoServe IncWashington, DC501(c)3Youth Learning$4,427,199
Heifer Project InternationalWashington, DC501(c)3Youth Learning$4,322,694
Cooperative Housing FoundationSilver Spring, MD501(c)3Youth Learning$3,942,870
ACCION InternationalCambridge, MA501(c)3Financial Inclusion$3,700,234
Education Development Center Incwaltham, MA501(c)3Youth Learning$3,182,332
International Youth FoundationBaltimore, MD501(c)3Youth Learning$2,929,358
American University of BeirutNew York, NY501(c)3Youth Learning$2,785,479
Bankable Frontier Associates LLCSomerville, MAOtherFinancial Inclusion$2,330,231
Ncba ClusaWashington, DC501(c)3Youth Learning$2,269,245
Boulder Institute of MicrofinanceSyracuse, NY501(c)3Financial Inclusion$2,025,899
KIVA MicrofundsSan Francisco, CA501(c)3Financial Inclusion$1,971,769
Childfund InternationalRichmond, VA501(c)3Youth Learning$1,859,296
Wellesley CollegeWellesley, MA501(c)3Youth Learning$1,521,873
The Global Development Incubator IncWashington, DC501(c)3Finanicial Inclusion$1,255,989
Stanford UniversityStanford, CA501(c)3Youth Learning$1,123,755
The Seep NetworkArlington, VA501(c)3Financial Inclusion$974,434
root capital incCambridge, MA501(c)3financial inclusion$922,995
Carnegie Mellon UniversityPittsburgh, PA501(c)3Youth Learning$898,535
Rockfeller Philanthropy AdvisorsNew York, NY501(c)3Financial Inclusion$706,842
Mathematica Policy ResearchWashington, DCOtherYouth Learning$567,289
Massachusetts Institute Of TechnologyCambridge, MA501(c)3Financial Inclusion$364,176
Social Impact IncArlington, VAOtherYouth Learning$337,527
HARVARD UNIVERSITY Office for Sponsored ProgramsCambridge, MA501(c)3YOUTH LEARNING and Financial Inclusion$324,863
The Resolution ProjectNew York, NY501(c)3Youth Learning$317,820
The Skoll FoundationPalo Alto, CA501(c)3Youth Learning$311,280
aKoma Media LLCNew york, NYOtherYouth Learning$249,920
Village Health Worksth Floor, NY501(c)3Youth Learning$249,878
Microfinance Information Exchange IncWashington, DC501(c)3Financial Inclusion$249,554
Act4Accountability Incbowie, MD509(a)(1)Youth Learning$245,662
Heshima KenyaChicago, IL501(c)3Youth Learning$245,487
EducateDenver, CO501(c)3Youth Learning$225,000
African Center for Ecoomic TransformationWashington, DC501(c)3Youth Learning$214,221
Tufts Universitymedford, MA501(c)3Financial Inclusion$200,000
University System of New HampshireDurham, NH501(c)3Financial Inclusion$200,000
Project Syndicate LLCNew York, NYOtherYouth Learning$197,807
Firelight FoundationSanta Cruz, CA501(c)3Youth Learning$194,521
CHILDREN'S RADIO FOUNDATIONNew York, NY501(c)3Youth Learning$181,066
Bridge2rwanda IncLittle Rock, AZ501(c)3youth learning$64,702
Conflict and Development FoundationCollege Station, TX501(c)3Youth Learning$25,000
West African Research Association IncBoston, MA501(c)3Youth learning$15,000
Howard UniversityWashintgon, DC501(c)3Youth Learning$10,000
The University of North Carolina at Chapel HillChapel Hill, NC501(c)3financial inclusion$8,000

International Summary

Offices
2
Employees
121
Spending
$171,858,146

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Sub-Saharan AfricaProgram Servicesyouth learning & Finan1117$129,466,351
North AmericaProgram Servicesyouth learning & Finan--$32,783,412
Central America and the CaribbeanProgram Servicesyouth learning & Finan14$5,076,919
Europe (Including Iceland and Greenland)Program Servicesyouth learning & Finan--$4,531,464
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

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

Other Reported Liabilities

LiabilityAmount
TENANTS' DEPOSITS$20,040
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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

Part VI Line 7B

“The bylaws of the foundation state that nominations of qualified candidates to be elected as directors of the board of the foundation shall be made by the board of the foundation, upon consultation with, but not under the control or direction of mastercard incorporated. Moreover, the bylaws state that directors of the foundation shall be required to satisfy the qualifications outlined in the bylaws, as determined by a resolution of the board of directors of the foundation and a majority of the votes cast at a properly constituted meeting of the nominating and corporate governance committee of the board of directors of mastercard incorporated. Amending certain sections of the foundation's bylaws also requires approval by mastercard, incorporated.”

Part VI Line 11

“The form 990 is prepared by deloitte llp ("deloitte"), based on the information provided by the foundation's staff. The form 990 is reviewed by foundation's staff. Prior to filing, the form 990 is provided to each member of the board of directors. Deloitte signs as preparer and the chief executive officer signs on behalf of the foundation.”

Part VI Line 12C

“Foundation officers must comply with the employee code of conduct which requires an initial disclosure form before his or her involvement with any operations of the foundation. This disclosure identifies any relationships, positions or circumstances in which the individual may be involved that he or she believes could cause a conflict of interest. This initial disclosure must be confirmed annually and updated whenever substantial changes occur. The board of directors are governed under the conflict of interest provisions set out in the foundation's bylaws and code of conduct for directors. For both officers and directors the disclosure forms are reviewed as they are submitted and any potential conflicts are addressed. Board members with a conflict of interest do not vote on any matter related to the issue for which they have a conflict, or resign from the board, as applicable.”

Part VI Line 15A and 15 B

“Governance and Nominations Committee APPROVES COMPENSATION OF PRESIDENT/CEO AND CFO. PRESIDENT/CEO APPROVES COMPENSATION OF ALL EMPLOYEES. EXTERNAL CONSULTANTS ARE ENGAGED TO PREPARE COMPENSATION STRUCTURE FOR ALL EMPLOYEES USING COMPARATOR GROUPS AND MARKET DATA. THE FOUNDATION REVIEWS COMPENSATION PLANNING DATA PROVIDED BY EXTERNAL CONSULTANT FOR SALARY ADJUSTMENTS EVERY OTHER YEAR. IN ADDITION, EXTERNAL CONSULTANTS ARE ENGAGED TO PERFORM COMPETITIVE REVIEW OF COMPENSATION FOR THE POSITIONS OF PRESIDENT/CEO, CFO AND KEY EMPLOYEES AS REQUIRED.”

Part VI Line 19

“Governing documents and the conflict of interest policy are not made available to the public. Financial statements are available to the public through the foundation's website.”

Filing and Contact Details

Filer

Filer Name
Mastercard Foundation
EIN
98-0543843
In Care Of
% PEGGY WOO
Phone
4162142857
Address
CA

Signing Officer

Name
Reeta Roy
Title
President/CEO
Phone
6472141923
Signed
2018-05-15

Organization Details

Principal Officer
Reeta Roy
Formed
2005
Voting Board Members
9
Independent Board Members
9
Employees
1

Preparer

Firm
Deloitte LLP
Address
CA
Preparer
James McDonald
Phone
4166016150
Supplemental Narrative

Financial Statement Notes

Schedule D, Part V, Line 4

“The foundation's endowment funds are intended to provide revenue to fulfill the foundation's mission of helping to create opportunities for people to harness their own skills and resources to improve their quality of life by advancing effective and innovative programs in financial inclusion and youth learning worldwide, with major focus in africa.”

Schedule D, Part XI, Line 4B

“To reallocate the aggregate negative result from both realized and unrealized foreign exchange gains and losses to the revenue reconciliation: -$95,524”

Schedule D, Part XII, Line 2D

“To reallocate the aggregate negative result from both realized and unrealized foreign exchange gains and losses to the revenue reconciliation: $95,524”

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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/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR, EDU LEARNING & YOUTH
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IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR, FINANCE & ACCOUNTING
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IRS990/MissionDesc0MASTERCARD FOUNDATION SEEKS A WORLD WHERE EVERYONE HAS THE OPPORTUNITY TO LEARN AND PROSPER. THE FOUNDATION'S WORK IS GUIDED BY ITS MISSION TO ADVANCE LEARNING AND FINANCIAL INCLUSION FOR PEOPLE LIVING IN POVERTY.
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$14,004,487,207
Liabilities
$3,508,201
Net assets
$14,000,979,006
Revenue
$127,535,564
Expenses
$303,912,742
Net income
-$176,377,178
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$50,321$35.4$50,286$6,513$1,633$4,880
2023Summary only. Only limited summary data is available for this year.$42,194$23.2$42,171$680$1,534$853
2022Detailed filing. Detailed filing data is available for this year.$29,242$7.99$29,234$424$1,377$953
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$30,799$9.41$30,790$423$1,496$1,073
2020Detailed filing. Detailed filing data is available for this year.$31,477$5.95$31,471$357$948$591
2019Summary only. Only limited summary data is available for this year.$27,599$10.7$27,588$192$358$165
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$17,401$5.67$17,396$112$298$185
2017Detailed filing. Detailed filing data is available for this year.$14,004$3.51$14,001$128$304$176
2016Summary only. Only limited summary data is available for this year.$9,661$2.35$9,659$127$278$150
2015Summary only. Only limited summary data is available for this year.$9,179$3.44$9,176$110$206$96.0
2014Summary only. Only limited summary data is available for this year.$8,258$1.27$8,257$39.5$191$152
2013Summary only. Only limited summary data is available for this year.$8,271$1.86$8,269$91.7$185$93.1
2012Summary only. Only limited summary data is available for this year.$4,942$1.42$4,940$69.2$115$45.5
2011Summary only. Only limited summary data is available for this year.$3,748$0.66$3,748$91.6$87.2$4.46
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2017 filings • 501(c)4 • $1B+ nonprofits