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POSTSECONDARY NATIONAL POLICY INSTITUTE: Form 990, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
POSTSECONDARY NATIONAL POLICY INSTITUTE (EIN 47-4374655)
Tax period
2021-01-01 to 2021-12-31
Filed
2022-04-21
IRS object ID
202241119349301209
Schema version
2021v4.2
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2022-04-21T13:29:03-05:00ReturnTs
Tax Period End2021-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN910189318PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1MOSS ADAMS LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1101 SECOND STREET SUITE 900AddressLine1Txt
CitySAN FRANCISCOCityNm
State AbbreviationCAStateAbbreviationCd
ZIP94105ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2021-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN474374655EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1POSTSECONDARY NATIONAL POLICY INSTITUTEBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlPOSTBusinessNameControlTxt
Phone2024073172PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11828 L STREET NW 300-EAddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20036ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMARYELLEN MCGUIREPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone2024073172PhoneNum
Signature2022-04-19SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstMARYELLENPersonFirstNm
Person LastMCGUIREPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMICHAEL LUMSDENPreparerPersonNm
PTINP01262236PTIN
Phone4159561500PhoneNum
Preparation2022-04-19PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer3TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2021TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Address ChangeYes (X)AddressChangeInd

Doing Business As Name DoingBusinessAsName

FieldValueIRS element (for citing)
Business Name Line1PNPIBusinessNameLine1Txt
FieldValueIRS element (for citing)
Principal OfficerMARYELLEN MCGUIREPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11828 L STREET NW 300-EAddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20036ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$1,828,980GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressHTTPS://PNPI.ORG/WebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2015FormationYr
Legal Domicile StateDCLegalDomicileStateCd
Activity Or MissionTHE POSTSECONDARY NATIONAL POLICY INSTITUTE (PNPI) PROVIDES CURRENT AND PROSPECTIVE POLICYMAKERS WITH A SUBSTANTIVE AND COLLEGIAL FOUNDATION ON WHICH TO BUILD FEDERAL HIGHER EDUCATION POLICIES THAT DRIVE POSITIVE OUTCOMES FOR STUDENTS AND THEIR FAMILIES.ActivityOrMissionDesc
Voting Members Governing Body5VotingMembersGoverningBodyCnt
Voting Members Independent5VotingMembersIndependentCnt
Total Employee9TotalEmployeeCnt
Total Volunteers5TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$523,060PYContributionsGrantsAmt
CY Contributions Grants$1,810,164CYContributionsGrantsAmt
PY Program Service Revenue$13,216PYProgramServiceRevenueAmt
CY Program Service Revenue$18,816CYProgramServiceRevenueAmt
PY Investment Income$0PYInvestmentIncomeAmt
CY Investment Income$0CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$536,276PYTotalRevenueAmt
CY Total Revenue$1,828,980CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$720,266PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$788,404CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$36,515CYTotalFundraisingExpenseAmt
PY Other Expenses$211,574PYOtherExpensesAmt
CY Other Expenses$208,428CYOtherExpensesAmt
PY Total Expenses$931,840PYTotalExpensesAmt
CY Total Expenses$996,832CYTotalExpensesAmt
PY Revenues Less Expenses-$395,564PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$832,148CYRevenuesLessExpensesAmt
Total Assets BOY$945,000TotalAssetsBOYAmt
Total Assets EOY$1,804,348TotalAssetsEOYAmt
Total Liabilities BOY$200,899TotalLiabilitiesBOYAmt
Total Liabilities EOY$228,099TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$744,101NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$1,576,249NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE POSTSECONDARY NATIONAL POLICY INSTITUTE (PNPI) PROVIDES CURRENT AND PROSPECTIVE POLICYMAKERS WITH A SUBSTANTIVE AND COLLEGIAL FOUNDATION ON WHICH TO BUILD FEDERAL HIGHER EDUCATION POLICIES THAT DRIVE POSITIVE OUTCOMES FOR STUDENTS AND THEIR FAMILIES.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$311,868ExpenseAmt
Grant$0GrantAmt
Revenue$0RevenueAmt
DescPNPI HOSTED SIX ZOOM BRIEFINGS, AND THREE VIRTUAL TRAININGS. THE TRAININGS FOCUSED ON STUDENT LOAN REPAYMENT, FEDERAL STUDENT AID, AND PROGRAM INTEGRITY ISSUES. THE ZOOM BRIEFINGS FOCUSED ON DATA, THE IMPACT OF THE PANDEMIC ON STUDENTS AND INSTITUTIONS, FEDERAL STUDENT LOAN DEBT, AND THE FEDERAL NEGOTIATED RULEMAKING PROCESS.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$205,211ExpenseAmt
Grant$0GrantAmt
Revenue$18,816RevenueAmt
DescPNPI HOSTED TWO RESEARCHER SPOTLIGHTS AND THREE VIRTUAL COURSES FOR PROSPECTIVE POLICYMAKERS - INDIVIDUALS WHO HOPE TO SOMEDAY WORK IN FEDERAL POSTSECONDARY POLICY.THE COURSES FOCUSED ON FEDERAL NEED ANALYSIS, FEDERAL STUDENT AID, AND PROGRAM INTEGRITY ISSUES AND PROVIDED PARTICIPANTS WITH AN OPPORTUNITY TO EXPAND THEIR CONTENT KNOWLEDGE WHILE NETWORKING WITH PROFESSIONALS CURRENTLY IN THE FIELD. THE RESEARCHER SPOTLIGHTS INTRODUCED PARTICIPANTS TO UP-AND-COMING POSTSECONDARY RESEARCHERS.PNPI ALSO HOSTED A HIGHER EDUCATION SYMPOSIUM FOR PNPI ALUMNI, A HIGHER EDUCATION TRIVIA EVENT, A LEADERSHIP DEVELOPMENT PROGRAM FOR EMERGING LEADERS IN THE FEDERAL EDUCATION POLICY SPACE, AND A LEADERS' REFRESHER WORKSHOP ON TEAM BUILDING. EMERGING LEADER SESSIONS FOCUSED ON TEAM BUILDING, MEETING DESIGN, COMMUNICATING ABOUT EQUITY, AND EXECUTIVE PRESENCE. SHORTER SKILL LESSONS AND PEER COACHING WERE ALSO OFFERED. THE ALUMNI SYMPOSIUM FOCUSED ON FEDERAL STUDENT AID RELATED CONTENT, CONVERSATIONS WITH LEADERS IN THE SPACE, AND SKILLS WORKSHOPS FOCUSED ON MEETING DESIGN AND PRESENTATION SKILLS.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$62,065ExpenseAmt
Grant$0GrantAmt
Revenue$0RevenueAmt
DescPNPI SPONSORED A VIRTUAL SUMMER SCHOLARS INTERN PROGRAM FOR TWO POSTSECONDARY STUDENTS WITH DEMONSTRATED FINANCIAL NEED. SUMMER SCHOLARS WERE PAID FOR THEIR WORK.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

FieldValueIRS element (for citing)
Expense$90,759ExpenseAmt
Grant$0GrantAmt
Revenue$0RevenueAmt
DescSMALLER MEETINGS AND EVENTS WERE HELD WITH HIGHER EDUCATION STAKEHOLDERS AS A MEANS TO EXTEND OUR REACH AND EXPERTISE. PNPI ALSO CREATES AND PUBLISHES SUMMARIES OF POSTSECONDARY RESEARCH, PRIMERS ON POSTSECONDARY TOPICS, AND POSTSECONDARY FACT SHEETS.Desc
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$90,759TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Grant$0TotalOtherProgSrvcGrantAmt
Total Other Prog Srvc Revenue$0TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses$669,903TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
Info In Schedule O Part VYes (X)InfoInScheduleOPartVInd
IRP Document27IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee9EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members5GoverningBodyVotingMembersCnt
Independent Voting Member5IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesYes (1)DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or StockholdersYes (1)MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldDCStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonSHANNON SCOTTPersonNm
Phone2025951061PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11828 L STREET NW SUITE 300-EAddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20036ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (7 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeInd
TERRELL HALASKA DUNN
CHAIR OF THE BOARD0.50Yes (X)Yes (X)$0$0$0
ADRIAN HAUGABROOK
VICE CHAIR OF THE BOARD0.50Yes (X)Yes (X)$0$0$0
LAURA PERNA
TREASURER OF THE BOARD0.50Yes (X)Yes (X)$0$0$0
DENISE FORTE
SECRETARY OF THE BOARD0.50Yes (X)Yes (X)$0$0$0
GLEN CASEY
MEMBER OF THE BOARD0.50Yes (X)$0$0$0
MARYELLEN MCGUIRE
PRESIDENT40.00Yes (X)$239,150$0$44,994
ELIZABETH PRUETER
CHIEF OF STAFF40.00$130,795$0$35,048Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$369,945TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$80,042TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K2IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp

Contractor Name ContractorName

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1ARABELLA ADVISORS LLCBusinessNameLine1Txt

Contractor Address ContractorAddress

US Address USAddress

FieldValueIRS element (for citing)
Address Line11828 L STREET NW SUITE 300AddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20036ZIPCd
FieldValueIRS element (for citing)
ServicesADMINISTRATIVE / OPERATIONAL SERVICESServicesDesc
Compensation$115,000CompensationAmt
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K1CntrctRcvdGreaterThan100KCnt
All Other Contributions$1,810,164AllOtherContributionsAmt
Total Contributions$1,810,164TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescCONFERENCES/EVENTSDesc
Business900099BusinessCd
Total Revenue Column$18,816TotalRevenueColumnAmt
Related Or Exempt Func Income$18,816RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$18,816TotalProgramServiceRevenueAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,828,980TotalRevenueColumnAmt
Related Or Exempt Func Income$18,816RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$278,081TotalAmt
Program Services$211,342ProgramServicesAmt
Management And General$41,712ManagementAndGeneralAmt
Fundraising$25,027FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$365,752TotalAmt
Program Services$292,240ProgramServicesAmt
Management And General$70,312ManagementAndGeneralAmt
Fundraising$3,200FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$8,656TotalAmt
Program Services$6,594ProgramServicesAmt
Management And General$1,976ManagementAndGeneralAmt
Fundraising$86FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$89,681TotalAmt
Program Services$69,018ProgramServicesAmt
Management And General$19,612ManagementAndGeneralAmt
Fundraising$1,051FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$46,234TotalAmt
Program Services$36,396ProgramServicesAmt
Management And General$8,296ManagementAndGeneralAmt
Fundraising$1,542FundraisingAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$115,000TotalAmt
Management And General$115,000ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$3,830TotalAmt
Management And General$3,830ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$3,963TotalAmt
Program Services$2,531ProgramServicesAmt
Management And General$351ManagementAndGeneralAmt
Fundraising$1,081FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$3,255TotalAmt
Program Services$360ProgramServicesAmt
Fundraising$2,895FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$6,593TotalAmt
Program Services$345ProgramServicesAmt
Management And General$6,189ManagementAndGeneralAmt
Fundraising$59FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$10,008TotalAmt
Program Services$768ProgramServicesAmt
Management And General$9,240ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$2,074TotalAmt
Management And General$2,074ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$57,527TotalAmt
Program Services$47,372ProgramServicesAmt
Management And General$9,180ManagementAndGeneralAmt
Fundraising$975FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$2,556TotalAmt
Management And General$2,556ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (2 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
HONORARIA AND GIFTS$2,516$2,500$16
DUES AND SUBSCRIPTIONS$1,106$437$70$599

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$996,832TotalAmt
Program Services$669,903ProgramServicesAmt
Management And General$290,414ManagementAndGeneralAmt
Fundraising$36,515FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$885,000BOYAmt
EOY$1,370,009EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$60,000BOYAmt
EOY$434,110EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$229EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$945,000BOYAmt
EOY$1,804,348EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$200,899BOYAmt
EOY$228,099EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$200,899BOYAmt
EOY$228,099EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$538,956BOYAmt
EOY$1,282,267EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$205,145BOYAmt
EOY$293,982EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$744,101BOYAmt
EOY$1,576,249EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$945,000BOYAmt
EOY$1,804,348EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$832,148ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Supporting Organization509a3Yes (X)SupportingOrganization509a3Ind
Supporting Org Type1Yes (X)SupportingOrgType1Ind
IRS Written DeterminationYes (X)IRSWrittenDeterminationInd
Supported Organizations1SupportedOrganizationsCnt

Supported Org Information SupportedOrgInformationGrp

Supported Organization Name SupportedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1NEW VENTURE FUNDBusinessNameLine1Txt
FieldValueIRS element (for citing)
EIN205806345EIN
Organization Type7OrganizationTypeCd
Governing Document ListedYes (1)GoverningDocumentListedInd
Support$0SupportAmt
Other Support$0OtherSupportAmt
FieldValueIRS element (for citing)
Supported Organizations Total1SupportedOrganizationsTotalCnt
Support Sum$0SupportSumAmt
Other Support Sum$0OtherSupportSumAmt

Form990 Sch A Supporting Org Form990SchASupportingOrgGrp

FieldValueIRS element (for citing)
Listed By Name Governing DocYes (1)ListedByNameGoverningDocInd
Suprt Org No IRS Determination0SuprtOrgNoIRSDeterminationInd
Supported Org Section C4560SupportedOrgSectionC456Ind
Supported Org Not Organized US0SupportedOrgNotOrganizedUSInd
Organization Change Suprt Org0OrganizationChangeSuprtOrgInd
Support Non Supported Org0SupportNonSupportedOrgInd
Payment Substantial Contribtr0PaymentSubstantialContribtrInd
Loan Disqualified Person0LoanDisqualifiedPersonInd
Controlled Disqualified Prsn0ControlledDisqualifiedPrsnInd
Disqualified Prsn Controll Int0DisqualifiedPrsnControllIntInd
Disqualified Prsn Ownr Int0DisqualifiedPrsnOwnrIntInd
Excess Business Holdings Rules0ExcessBusinessHoldingsRulesInd
Contribution Controller0ContributionControllerInd
Contribution Family0ContributionFamilyInd
Contribution35 Controlled0Contribution35ControlledInd

Form990 Sch A Type1 Suprt Org Form990SchAType1SuprtOrgGrp

FieldValueIRS element (for citing)
Power Appoint Majority Dir TrstYes (1)PowerAppointMajorityDirTrstInd
Operate Benefit Non Suprt Org0OperateBenefitNonSuprtOrgInd

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt
Footnote TextYes (X)FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationPNPI IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(A) OF THE IRC AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3). THE IRS RECOGNIZES PNPI AS A TYPE I SUPPORTING ORGANIZATION UNDER SECTION 509(A)(3), AS PNPI IS CONTROLLED BY NVF.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed PaymentsYes (1)AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (2 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
MARYELLEN MCGUIRE
PRESIDENT$217,150$0$22,000$0$0$0$7,163$0$37,831$0$284,144$0$0$0
ELIZABETH PRUETER
CHIEF OF STAFF$118,795$0$12,000$0$0$0$4,074$0$30,974$0$165,843$0$0$0

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 7FormAndLineReferenceDesc
ExplanationTHE QUALIFICATION FOR AND THE AMOUNT OF THE PRESIDENT'S BONUS IS DETERMINED BY THE BOARD OF DIRECTORS BASED ON EXPECTATIONS ESTABLISHED DURING THE PRIOR YEAR'S EVALUATION PROCESS; SOME OF THESE EVALUATIONS REQUIRE THE USE OF DISCRETION, AND WOULD BE CONSIDERED A "NON-FIXED PAYMENT".ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART V, LINE 2A:DURING THE 2021 CALENDAR YEAR, PNPI HAD 9 EMPLOYEES; THESE EMPLOYEES' FORM W-2S WERE ISSUED BY NEW VENTURE FUND (EIN: 20-5806345), THE COMMON PAYMASTER FOR PNPI.
FORM 990, PART VI, SECTION A, LINE 3DURING THE 2021 TAX YEAR, THE ORGANIZATION CONTRACTED WITH ARABELLA ADVISORS TO PROVIDE ALL ADMINISTRATIVE ACTIVITIES; PAYMENTS TO ARABELLA ADVISORS IN EXCHANGE FOR THESE SERVICES TOTALED $115,000 DURING 2021.
FORM 990, PART VI, SECTION A, LINE 6PNPI DOES NOT HAVE "MEMBERS" BY DEFINITION OF THE BYLAWS; HOWEVER, THE FORM 990 INSTRUCTIONS ALSO DEFINE A "MEMBER" AS ANY PERSON (INCLUDING A CORPORATION OR OTHER LEGAL ENTITY) WHO, PURSUANT TO A PROVISION OF THE ORGANIZATION'S GOVERNING DOCUMENTS, HAS THE RIGHT TO PARTICIPATE IN THE ORGANIZATION'S GOVERNANCE--INCLUDING ELECTING MEMBERS OF THE GOVERNING BODY. ACCORDINGLY, PNPI HAS ONE SOLE MEMBER: NEW VENTURE FUND, A NONPROFIT ORGANIZED UNDER THE LAWS OF THE DISTRICT OF COLUMBIA AND EXEMPT FROM FEDERAL INCOME TAXATION AS A PUBLIC CHARITY UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE.
FORM 990, PART VI, SECTION A, LINE 7AAT LEAST A MAJORITY OF THE DIRECTORS ARE APPOINTED BY NEW VENTURE FUND.
FORM 990, PART VI, SECTION B, LINE 11BUPON RECEIPT OF THE COMPLETED FORM 990 FROM PNPI'S INDEPENDENT TAX ACCOUNTANT, THE ORGANIZATION'S MANAGEMENT REVIEWS A DRAFT OF THE FORM; ADJUSTMENTS ARE MADE AS NECESSARY. PNPI THEN SENDS OUT THE FORM 990 TO MEMBERS OF THE BOARD OF DIRECTORS FOR WRITTEN APPROVAL; QUESTIONS ABOUT THE FORM 990 ARE ANSWERED BY PNPI'S PRESIDENT AND/OR THE INDEPENDENT TAX ACCOUNTANT VIA E-MAIL OR TELEPHONE. IF REQUESTED BY A BOARD MEMBER, A MEETING OF THE BOARD OF DIRECTORS IS CALLED FOR FURTHER DISCUSSION.
FORM 990, PART VI, SECTION B, LINE 12CEACH COVERED PERSON OF THE ORGANIZATION (WHICH INCLUDES ALL DIRECTORS, OFFICERS, AND KEY EMPLOYEES) ARE REQUIRED TO ANNUALLY SIGN A STATEMENT THAT AFFIRMS SUCH PERSON: (I) HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY, (II) HAS READ AND UNDERSTANDS THE CONFLICT OF INTEREST POLICY; (III) HAS AGREED TO COMPLY WITH THE CONFLICT OF INTEREST POLICY; AND (IV) HAS COMPLETED THE ANNUAL CONFLICT OF INTEREST DISCLOSURE STATEMENT. SHOULD A CONFLICT OF INTEREST ARISE, COVERED PERSONS ARE REQUIRED TO DISCLOSE TO THE BOARD, COMMITTEE, OR BOARD'S DESIGNEE THE EXISTENCE AND NATURE OF HIS OR HER FINANCIAL INTEREST OR ANY DISCLOSABLE RELATIONSHIP. DISINTERESTED MEMBERS OF THE BOARD OF DIRECTORS THEN INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION (IF APPROPRIATE), WHETHER PNPI COULD OBTAIN A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT WITH REASONABLE EFFORTS, OR WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE ORGANIZATION'S BEST INTEREST. PROCEEDINGS ARE RECORDED IN THE BOARD OR COMMITTEE MEETING MINUTES.
FORM 990, PART VI, SECTION B, LINE 15ATHE PRESIDENT'S SALARY IS DETERMINED USING COMPENSATION COMPARISONS INCLUDING PAYSCALE, A PLATFORM USING DATA-INFORMED ALGORITHMS TO POWER COMPENSATION CALCULATIONS. IT IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS ON AN ANNUAL BASIS, WITH CHANGES CONTINGENT ON THE PRESIDENT HITTING PREVIOUSLY ESTABLISHED GOALS DURING THE ANNUAL EVALUATIVE PROCESS. COMPENSATION IS ALSO DETERMINED BY MEMBERS OF THE BOARD OF DIRECTORS' EXPERIENCE WITH EXECUTIVE COMPENSATION AS MEMBERS OF OTHER BOARDS AND/OR AS SENIOR EXECUTIVES IN OTHER ORGANIZATIONS. FORM 990, PART VI, SECTION B, LINE 15B HAS BEEN ANSWERED "NO" AS PNPI HAS NO ADDITIONAL COMPENSATED "OFFICERS OR "KEY EMPLOYEES" (BY DEFINITION OF THE FORM 990 INSTRUCTIONS).
FORM 990, PART VI, SECTION C, LINE 19PNPI'S FINANCIAL STATEMENTS, GOVERNING DOCUMENTS, AND CONFLICT OF INTEREST POLICY ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN IRC SECTION 6104(D).

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtDirect Controlling NADirectControllingNACdControlled OrganizationControlledOrganizationIndBusiness Name Line1DirectControllingEntityName/BusinessNameLine1Txt
NEW VENTURE FUND
1828 L STREET NW SUITE 300-AWASHINGTONDC20036205806345TO SUPPORT INNOVATIVE AND EFFECTIVE PUBLIC INTEREST PROJECTSDC501(C)(3)LINE 7N/A0
TELESCOPE FUND
1050 CONNECTICUT AVENUE NW SUITE 50WASHINGTONDC20036862577635ADMINISTRATION OF DONOR ADVISED FUNDSDC501(C)(3)LINE 12A, I0NEW VENTURE FUND
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other OrgYes (1)ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd