STRATEGY STUDIO / PUBLIC DATA EXPLORER

BUSINESS-HIGHER EDUCATION FORUM: Form 990, tax year 2019

View the entire original 990 at ProPublica ↗

Organization
BUSINESS-HIGHER EDUCATION FORUM (EIN 34-1986692)
Tax period
2019-10-01 to 2020-09-30
Filed
2021-03-25
IRS object ID
202110849349300331
Schema version
2019v5.2
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)
Return2021-03-25T19:00:24-05:00ReturnTs
Tax Period End2020-09-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN521186096PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1RUBINO AND COMPANY CHARTEREDBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line16903 ROCKLEDGE DRIVE SUITE 300AddressLine1Txt
CityBETHESDACityNm
State AbbreviationMDStateAbbreviationCd
ZIP208171818ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2019-10-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN341986692EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1BUSINESS - HIGHER EDUCATION FORUMBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlBUSIBusinessNameControlTxt
Phone2023671189PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1ONE DUPONT CIRCLE NO 360AddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20036ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonBRIAN K FITZGERALDPersonNm
Person TitleCHIEF EXECUTIVE OFFICERPersonTitleTxt
Phone2023671189PhoneNum
Signature2021-03-24SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonKAY VOLLANS CPAPreparerPersonNm
PTINP01404047PTIN
Phone3015643636PhoneNum
FieldValueIRS element (for citing)
Tax2019TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Address ChangeYes (X)AddressChangeInd
Principal OfficerBRIAN K FITZGERALDPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1ONE DUPONT CIRCLE NO 360AddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20036ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$3,180,611GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.BHEF.COMWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2004FormationYr
Legal Domicile StateDCLegalDomicileStateCd
Activity Or MissionTO ADVANCE INNOVATION SOLUTIONS TO AMERICA'S EDUCATION AND WORKFORCE CHALLENGES.ActivityOrMissionDesc
Voting Members Governing Body18VotingMembersGoverningBodyCnt
Voting Members Independent18VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers18TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$2,296,868PYContributionsGrantsAmt
CY Contributions Grants$1,554,887CYContributionsGrantsAmt
PY Program Service Revenue$1,690,000PYProgramServiceRevenueAmt
CY Program Service Revenue$1,600,000CYProgramServiceRevenueAmt
PY Investment Income$27,208PYInvestmentIncomeAmt
CY Investment Income$25,724CYInvestmentIncomeAmt
PY Other Revenue$3,206PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$4,017,282PYTotalRevenueAmt
CY Total Revenue$3,180,611CYTotalRevenueAmt
PY Grants And Similar Paid$864,727PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$311,492CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$0PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$651,737CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$139,412CYTotalFundraisingExpenseAmt
PY Other Expenses$2,899,116PYOtherExpensesAmt
CY Other Expenses$2,257,697CYOtherExpensesAmt
PY Total Expenses$3,763,843PYTotalExpensesAmt
CY Total Expenses$3,220,926CYTotalExpensesAmt
PY Revenues Less Expenses$253,439PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$40,315CYRevenuesLessExpensesAmt
Total Assets BOY$3,043,573TotalAssetsBOYAmt
Total Assets EOY$2,337,150TotalAssetsEOYAmt
Total Liabilities BOY$1,356,912TotalLiabilitiesBOYAmt
Total Liabilities EOY$646,924TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$1,686,661NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$1,690,226NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE BUSINESS-HIGHER EDUCATION FORUM (BHEF) IS A MEMBERSHIP ORGANIZATION OF FORTUNE 500 CEOS, COLLEGE AND UNIVERSITY PRESIDENTS, AND OTHER LEADERS WHO FORM STRATEGIC PARTNERSHIPS TO DEVELOP A HIGHLY-SKILLED FUTURE WORKFORCE WITH IT'S MEMBERS. BHEF CREATES UNDERGRADUATE PATHWAYS TO INCREASE BACCALAUREATE ATTAINMENT, IMPROVE ALIGNMENT BETWEEN HIGHER EDUCATION AND THE WORKFORCE, AND PRODUCE A DIVERSE, HIGHLY-SKILLED TALENT POOL TO MEET DEMAND IN EMERGING FIELDS.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$1,307,483ExpenseAmt
Grant$311,492GrantAmt
DescHIGHER EDUCATION WORKFORCE INITIATIVE (HEWI) - TO EXPAND OPPORTUNITIES FOR DIVERSE AND UNDER-REPRESENTED POPULATIONS IN THE AREAS OF STEM, DATA SCIENCE, AND CYBERSECURITY.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$376,252ExpenseAmt
DescTHE JPMC PROJECT IMPLEMENTS PROJECTS WITH BUSINESS ROUND TABLE (BRT) COMPANIES IN IDENTIFIED REGIONS BY EMPLOYING BHEF'S STRATEGIC PARTNERSHIP IMPLEMENTATION PROCESS TO EACH REGION, WHICH WILL CREATE PURPOSEFUL STRATEGIC PARTNERSHIPS TO SUPPORT REGIONAL TALENT ECOSYSTEMS. BEYOND SUPPORTING THE INDIVIDUAL REGIONAL PROJECTS, BHEF WORKS WITH BRT IN CONNECTING, ALIGNING, AND CAPTURING LEARNING ACROSS THE DIFFERENT INITIATIVES. THIS KNOWLEDGE CAPTURE WILL ALLOW ALL BRT AND BHEF MEMBERS TO BENEFIT AND LEARN FROM THE ACTIVITIES IN THIS WORK.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$262,981ExpenseAmt
Revenue$1,600,000RevenueAmt
DescMEMBERSHIP - BHEF INCURS EXPENSES RELATED TO THE BUSINESS OF CONDUCTING MEMBERSHIP ACTIVITY, WHICH INVOLVES RECRUITMENT, RETENTION AND COMMUNICATION. THIS IS ACHIEVED THROUGH IN-PERSON & PHONE MEETINGS, CORRESPONDENCE, AND COMMUNICATION.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp (2 entries)

ExpenseExpenseAmtDescDesc
$161,939CONFERENCES - BHEF CONDUCTS SEMI-ANNUAL MEMBER CONFERENCES TO SUSTAIN THE CONTINUING DIALOGUE BETWEEN IT'S CORPORATE, ACADEMIC, AND FOUNDATION MEMBERS ON ISSUES RELATED TO THE U.S. EDUCATION SYSTEM. POLICY-MAKERS FROM STATE AND FEDERAL GOVERNMENTS ARE OFTEN INVITED TO PARTICIPATE IN THESE DISCUSSIONS. ACADEMIC LEADERS IN CUTTING-EDGE EDUCATIONAL ENDEAVORS AND EDUCATION FOUNDATION EXECUTIVES ALSO PARTICIPATE AT THESE MEETINGS. MANY GIVE PRESENTATIONS ON SUCCESSFUL LOCAL EDUCATIONAL EFFORTS THAT MAY BE APPLICABLE ON A BROADER REGIONAL OR NATIONAL SCALE.
$351,002ALL OTHER PROGRAMS
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$512,941TotalOtherProgSrvcExpenseAmt
Total Program Service Expenses$2,459,657TotalProgramServiceExpensesAmt
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 EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
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 OrganizationsYes (1)GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
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 Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document10IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee0EmployeeCnt
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 Members18GoverningBodyVotingMembersCnt
Independent Voting Member18IndependentVotingMemberCnt
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 ApprovaYes (1)DecisionsSubjectToApprovaInd
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 CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1STACEY BROWNBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2023671189PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1ONE DUPONT CIRCLE NO 360AddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20036ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (19 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
RANDY WOODSON
CHAIR1.00Yes (X)Yes (X)$0$0$0
MICHAEL D KING
VICE CHAIR1.00Yes (X)Yes (X)$0$0$0
JOSEPH E AOUN
BOARD MEMBER1.00Yes (X)$0$0$0
JEFFREY D ARMSTRONG
BOARD MEMBER1.00Yes (X)$0$0$0
ROBERT CARET
BOARD MEMBER1.00Yes (X)$0$0$0
JAMES P CLEMENTS
BOARD MEMBER1.00Yes (X)$0$0$0
JOHN J DEGIOIA
BOARD MEMBER1.00Yes (X)$0$0$0
NARIMAN FARVARDIN
BOARD MEMBER1.00Yes (X)$0$0$0
LAURA K IPSEN
BOARD MEMBER1.00Yes (X)$0$0$0
EARL F MARTY MARTIN
BOARD MEMBER1.00Yes (X)$0$0$0
BRIAN A NAPACK
BOARD MEMBER1.00Yes (X)$0$0$0
RYAN OAKES
BOARD MEMBER1.00Yes (X)$0$0$0
JUDY D OLIAN
BOARD MEMBER1.00Yes (X)$0$0$0
MARY PAPAZIAN
BOARD MEMBER1.00Yes (X)$0$0$0
JAY A PERMAN
BOARD MEMBER1.00Yes (X)$0$0$0
BRIAN ROACH
BOARD MEMBER1.00Yes (X)$0$0$0
TIMOTHY D SANDS
BOARD MEMBER1.00Yes (X)$0$0$0
BARBARA SNYDER
BOARD MEMBER1.00Yes (X)$0$0$0
BRIAN FITZGERALD
CHIEF EXECUTIVE OFFICER40.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (3 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
SMITHBUCKLIN CORPORATION
2001 K STREET NW THIRD FLOOR NORTWASHINGTONDC20006MANAGEMENT SERVICES$2,115,408
LIVEWIRE
2800 SHIRLINGTON ROAD SUITE 401ARLINGTONVA22206STRATEGIC COMMUNICATIONS CONSULTANT$132,000
GREATER WASHINGTON PARTNERSHIP
1200 17TH STREET NW SUITE 550WASHINGTONDC20001CONSULTING SERVICES$100,000
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K3CntrctRcvdGreaterThan100KCnt
Government Grants$1,103,395GovernmentGrantsAmt
All Other Contributions$451,492AllOtherContributionsAmt
Total Contributions$1,554,887TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescMEMBERSHIP DUESDesc
Business611710BusinessCd
Total Revenue Column$1,600,000TotalRevenueColumnAmt
Related Or Exempt Func Income$1,600,000RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$1,600,000TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$25,724TotalRevenueColumnAmt
Exclusion$25,724ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$3,180,611TotalRevenueColumnAmt
Related Or Exempt Func Income$1,600,000RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$25,724ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$311,492TotalAmt
Program Services$311,492ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$119,770TotalAmt
Program Services$83,839ProgramServicesAmt
Management And General$11,977ManagementAndGeneralAmt
Fundraising$23,954FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$440,682TotalAmt
Program Services$290,261ProgramServicesAmt
Management And General$117,097ManagementAndGeneralAmt
Fundraising$33,324FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$16,788TotalAmt
Program Services$11,994ProgramServicesAmt
Management And General$4,187ManagementAndGeneralAmt
Fundraising$607FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$26,852TotalAmt
Program Services$18,638ProgramServicesAmt
Management And General$6,677ManagementAndGeneralAmt
Fundraising$1,537FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$47,645TotalAmt
Program Services$32,715ProgramServicesAmt
Management And General$9,583ManagementAndGeneralAmt
Fundraising$5,347FundraisingAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$1,501,776TotalAmt
Program Services$988,467ProgramServicesAmt
Management And General$446,171ManagementAndGeneralAmt
Fundraising$67,138FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$11,941TotalAmt
Management And General$11,941ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$15,994TotalAmt
Program Services$2,200ProgramServicesAmt
Management And General$13,794ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$484,562TotalAmt
Program Services$460,476ProgramServicesAmt
Management And General$24,086ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$81,052TotalAmt
Program Services$39,687ProgramServicesAmt
Management And General$41,296ManagementAndGeneralAmt
Fundraising$69FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$1,081TotalAmt
Program Services$567ProgramServicesAmt
Management And General$514ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$67,603TotalAmt
Program Services$29,601ProgramServicesAmt
Management And General$31,242ManagementAndGeneralAmt
Fundraising$6,760FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$38,115TotalAmt
Program Services$35,623ProgramServicesAmt
Management And General$1,816ManagementAndGeneralAmt
Fundraising$676FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$46,678TotalAmt
Program Services$45,384ProgramServicesAmt
Management And General$1,294ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$2,325TotalAmt
Management And General$2,325ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$6,570TotalAmt
Management And General$6,570ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp

FieldValueIRS element (for citing)
DescOVERHEAD/G&A ALLOCATIONDesc
Total$0TotalAmt
Program Services$108,713ProgramServicesAmt
Management And General-$108,713ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$3,220,926TotalAmt
Program Services$2,459,657ProgramServicesAmt
Management And General$621,857ManagementAndGeneralAmt
Fundraising$139,412FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$840,256BOYAmt
EOY$985,376EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$528,450BOYAmt
EOY$8,750EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$653,202BOYAmt
EOY$175,000EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$4,806BOYAmt
EOY$51,706EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$20,922LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$2,325LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$18,597EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$1,016,859BOYAmt
EOY$1,086,204EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$11,517EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$3,043,573BOYAmt
EOY$2,337,150EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$506,912BOYAmt
EOY$66,865EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$850,000BOYAmt
EOY$300,000EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$280,059EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,356,912BOYAmt
EOY$646,924EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,070,571BOYAmt
EOY$1,186,768EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$616,090BOYAmt
EOY$503,458EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,686,661BOYAmt
EOY$1,690,226EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$3,043,573BOYAmt
EOY$2,337,150EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$40,315ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$43,880NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit RequiredYes (1)FederalGrantAuditRequiredInd
Federal Grant Audit PerformedYes (1)FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,113,483CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$2,017,300CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,170,305CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,296,868CurrentTaxYearMinus1YearAmt
Current Tax Year$1,554,887CurrentTaxYearAmt
Total$9,152,843TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,113,483CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$2,017,300CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,170,305CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,296,868CurrentTaxYearMinus1YearAmt
Current Tax Year$1,554,887CurrentTaxYearAmt
Total$9,152,843TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$1,509,892SubstantialContributorsTotAmt
Public Support Total170$7,642,951PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$27,253CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$18,335CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$22,399CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$27,208CurrentTaxYearMinus1YearAmt
Current Tax Year$25,724CurrentTaxYearAmt
Total$120,919TotalAmt
FieldValueIRS element (for citing)
Total Support$9,273,762TotalSupportAmt
Gross Receipts Rltd Activities$7,775,460GrossReceiptsRltdActivitiesAmt
Public Support CY1700.82410PublicSupportCY170Pct
Public Support PY1700.79800PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

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

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$20,922OtherCostOrOtherBasisAmt
Depreciation$2,325DepreciationAmt
Book Value$18,597BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$18,597TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
SBA PPP LOAN LIABILITY$249,800
DEFERRED LEASE LIABILITY$30,259
FieldValueIRS element (for citing)
Total Liability$280,059TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$3,224,491TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$43,880NetUnrealizedGainsInvstAmt
Revenue Not Reported$43,880RevenueNotReportedAmt
Revenue Subtotal$3,180,611RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$3,180,611TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$3,220,926TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$3,220,926ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$3,220,926TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationTHE FORUM IS EXEMPT FROM INCOME TAXES ON ITS EXEMPT ACTIVITIES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND HAS BEEN CLASSIFIED AS OTHER THAN A PRIVATE FOUNDATION BY THE INTERNAL REVENUE SERVICE (IRS). THE ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THAT GUIDANCE, THE FORUM MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES BASED ON THE TECHNICAL MERITS OF THE POSITION. EXAMPLES OF TAX POSITIONS INCLUDE THE TAX-EXEMPT STATUS OF THE FORUM AND VARIOUS POSITIONS RELATED TO POTENTIAL SOURCES OF UNRELATED BUSINESS INCOME TAX (UBIT). THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM SUCH A POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THERE WERE NO UNRECOGNIZED TAX BENEFITS IDENTIFIED OR RECORDED AS LIABILITIES FOR FISCAL YEARS 2020 AND 2019. THE FORUM'S POLICY WOULD BE TO RECOGNIZE INTEREST AND PENALTIES, IF ANY, ON TAX POSITIONS RELATED TO ITS UNRECOGNIZED TAX BENEFITS IN INCOME TAX EXPENSE IN THE FINANCIAL STATEMENTS. NO INTEREST AND PENALTIES WERE ASSESSED OR RECORDED DURING THE YEARS ENDED SEPTEMBER 30, 2020 AND 2019. GENERALLY, THE TAX YEARS BEFORE 2017 ARE NO LONGER SUBJECT TO EXAMINATION BY FEDERAL, STATE, OR LOCAL TAXING AUTHORITIES.ExplanationTxt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records Maintained0GrantRecordsMaintainedInd

Recipient Table RecipientTable (9 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtPurpose Of GrantPurposeOfGrantTxt
HOWARD UNIVERSITY
2400 SIXTH STREET NWWASHINGTONDC20059530204707501(C)(3)$34,000IMPLEMENTING & EVALUATING MODELS FOR BUSINESS ENGAGEMENT TO INCREASE UNDERGRADUATE STEM STUDENT PERSISTENCE.
VIRGINIA TECH UNIVERSITY
300 TURNER STREET NWBLACKSBURGVA24061546001805170 (C)(1)$39,952IMPLEMENTING & EVALUATING MODELS FOR BUSINESS ENGAGEMENT TO INCREASE UNDERGRADUATE STEM STUDENT PERSISTENCE.
GEORGETOWN UNIVERSITY
37TH O ST NWWASHINGTONDC20057530196603501(C)(3)$19,860IMPLEMENTING & EVALUATING MODELS FOR BUSINESS ENGAGEMENT TO INCREASE UNDERGRADUATE STEM STUDENT PERSISTENCE.
AMERICAN UNIVERSITY
4400 MASSACHUSETTS AVE NWWASHINGTONDC20016530196549501(C)(3)$39,999IMPLEMENTING & EVALUATING MODELS FOR BUSINESS ENGAGEMENT TO INCREASE UNDERGRADUATE STEM STUDENT PERSISTENCE.
GEORGE MASON UNIVERSITY
4400 UNIVERSITY DRIVEFAIRFAXVA22030540836354170 (C)(1)$39,999IMPLEMENTING & EVALUATING MODELS FOR BUSINESS ENGAGEMENT TO INCREASE UNDERGRADUATE STEM STUDENT PERSISTENCE.
THE GEORGE WASHINGTON UNIVERSITY
2121 I STREET NWWASHINGTONDC20052530196584501(C)(3)$17,682IMPLEMENTING & EVALUATING MODELS FOR BUSINESS ENGAGEMENT TO INCREASE UNDERGRADUATE STEM STUDENT PERSISTENCE.
UNIVERSITY OF MARYLAND COLLEGE PARK
3501 UNIVERSITY BLVD EASTADELPHIMD20783526002033170 (C)(1)$40,000IMPLEMENTING & EVALUATING MODELS FOR BUSINESS ENGAGEMENT TO INCREASE UNDERGRADUATE STEM STUDENT PERSISTENCE.
UNIVERSITY OF RICHMOND
28 WESTHAMPTON WAYRICHMONDVA23173540505965501(C)(3)$40,000IMPLEMENTING & EVALUATING MODELS FOR BUSINESS ENGAGEMENT TO INCREASE UNDERGRADUATE STEM STUDENT PERSISTENCE.
VIRGINIA COMMONWEALTH UNIVERSITY
910 W FRANKLIN STREETRICHMONDVA23284526001758170 (C)(1)$40,000IMPLEMENTING & EVALUATING MODELS FOR BUSINESS ENGAGEMENT TO INCREASE UNDERGRADUATE STEM STUDENT PERSISTENCE.
FieldValueIRS element (for citing)
Total501c3 Org9Total501c3OrgCnt
Total Other Org0TotalOtherOrgCnt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (9 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 3SMITHBUCKLIN PERFORMED ALL MANAGEMENT DUTIES UNTIL MAY 2020.
FORM 990, PART VI, SECTION A, LINE 6THE FORUM HAS ONE CLASS OF MEMBERSHIP WITH NO RESTRICTIONS ON THE NUMBER OF MEMBERS. MEMBERS WILL CONSIST OF CEOS OR OTHER APPROPRIATE SENIOR EXECUTIVES OF MAJOR AMERICAN BUSINESS ORGANIZATIONS, PRESIDENTS AND CHANCELLORS OF RECOGNIZED COLLEGES AND UNIVERSITIES AS WELL AS OTHER APPROPRIATE SENIOR EXECUTIVES OF SEVERAL FOUNDATIONS AND ASSOCIATIONS OF PRESIDENTS OF HIGHER EDUCATION INSTITUTIONS.
FORM 990, PART VI, SECTION A, LINE 7AALL MEMBERS OF THE EXECUTIVE COMMITTEE ARE ELECTED BY THE FORUM'S MEMBERSHIP.
FORM 990, PART VI, SECTION A, LINE 7BACTIONS MAY BE TAKEN BY MEMBERS OF THE FORUM AT A SEMI-ANNUAL MEETING, VIA TELECONFERENCE OR E-MAIL OR BY ANY OTHER MECHANISM THAT THE CHAIR MAY DESIGNATE; SUCH ACTIONS MAY BE APPROVED BY A VOTE OF THE MAJORITY OF MEMBERS PRESENT OR PARTICIPATING. THE CHAIR SHALL GIVE MEMBERS REASONABLE NOTICE OF SUCH VOTES.
FORM 990, PART VI, SECTION B, LINE 11BA COPY OF THE FORM 990 IS PRESENTED TO MEMBERS OF THE EXECUTIVE COMMITTEE FOR REVIEW PRIOR TO IT BEING FILED.
FORM 990, PART VI, SECTION B, LINE 12CALL EMPLOYEES AND BOARD MEMBERS ARE REQUIRED TO SIGN A COI AND UPDATE ANNUALLY.
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST.
FORM 990, PART IX, LINE 11GCONSULTING/CONTRACTING: PROGRAM SERVICE EXPENSES 450,001. MANAGEMENT AND GENERAL EXPENSES 24,086. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 474,087. PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 10,475. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 10,475.
FORM 990, PART XII, LINE 2C:THE PROCESS FOR OVERSIGHT OF THE AUDIT AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED SINCE THE PRIOR YEAR.