2025-09-03T16:30:50-05:00 2024-12-31 331374517 PKF O'CONNOR DAVIES ADVISORY LLC 500 MAMARONECK AVENUE SUITE 301 HARRISON NY 105281633 990 2024-01-01 131837418 CANDID CAND 2126204230 32 OLD SLIP 24TH FL NEW YORK NY 10005 SAMANTHA BARBEE CHIEF OF OPER AND FINANCIAL OFFICER 2126204230 2025-06-23 1 1 EVA MRUK P00543254 9143818900 2025-09-03 2024 2025-03-06 01:10:19Z SAMANTHA BARBEE 32 OLD SLIP 24TH FL NEW YORK NY 10005 71011693 0 X WWW.CANDID.ORG X 1956 NY CANDID GETS YOU THE INFORMATION YOU NEED TO DO GOOD. 18 18 232 20 34997 0 8769879 4253145 33025623 33665747 966328 2585152 450638 356845 43212468 40860889 0 0 0 0 21039590 19263947 0 0 1496687 14983357 13838494 36022947 33102441 7189521 7758448 100177752 106946485 30594864 27729932 69582888 79216553 X SEE SCHEDULE O 0 0 12446517 0 33060010 SEE SCHEDULE O - FOR NARRATIVE ON PRODUCTS 5838645 0 406257 SEE SCHEDULE O - FOR NARRATIVE ON PUBLIC INTEREST AND OTHER PROGRAMS 5217855 0 199480 SEE SCHEDULE O - FOR NARRATIVE ON DATA COLLECTION AND ANALYSIS 23503017 1 1 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 52 0 232 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 18 18 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AL AK AR CA DC FL GA HI IL KS KY LA ME MD MA MI MN MS NH NJ NM NY NC ND OK OR PA RI SC TN UT VA WA WV WI X X X SAMANTHA BARBEE CHIEF OF OPERATING 2126204230 32 OLD SLIP 24TH FLOOR NEW YORK NY 100053500 MELISSA BERMAN CHAIR 1.00 X X 0 0 0 DONNA MURRAY-BROWN VICE CHAIR 1.00 X X 0 0 0 BRIAN TRELSTAD TREASURER 1.00 X X 0 0 0 ANA MARIE ARGILAGOS TRUSTEE 1.00 X 0 0 0 ESTHER T BENJAMIN TRUSTEE 1.00 X 0 0 0 JOHN BROTHERS TRUSTEE 1.00 X 0 0 0 KAMI DAR TRUSTEE 1.00 X 0 0 0 NAILA FAROUKY TRUSTEE 1.00 X 0 0 0 MARIA DEL ROSARIO GALLEGO GARCIA TRUSTEE 1.00 X 0 0 0 MATT GEE TRUSTEE 1.00 X 0 0 0 STEPHEN GOODALL TRUSTEE 1.00 X 0 0 0 ROMANITA HAIRSTON TRUSTEE 1.00 X 0 0 0 NEAL HEGARTY TRUSTEE, THRU FEBRUARY 2024 1.00 X 0 0 0 DEBORAH D HOOVER TRUSTEE, THRU FEBRUARY 2024 1.00 X 0 0 0 KENNETH M JONES TRUSTEE 1.00 X 0 0 0 MOSUN LAYODE TRUSTEE 1.00 X 0 0 0 RHETT N MABRY TRUSTEE 1.00 X 0 0 0 LYLE MATTHEW KAN TRUSTEE 1.00 X 0 0 0 ANAHITA TAFVIZI TRUSTEE 1.00 X 0 0 0 ANGELA F WILLIAMS TRUSTEE 1.00 X 0 0 0 ANN MEI CHANG CEO 50.00 X 420913 0 49863 SAMANTHA BARBEE CHIEF OPER & FINANCIAL OFFICER, AS OF 5/6/24 50.00 X 195376 0 25803 MIZMUN KUSAIRI SECRETARY/VP OF PLANNING 50.00 X 231687 0 36951 CATHERINE WILLIAMS CHIEF DATA OFFICER 50.00 X 57991 0 4637 KEVIN L MULDER VP OF TECHNOLOGY 50.00 X 303673 0 80049 JOSE RODRIGUEZ SR. DIR. OF STRATEGIC PARTNERSHIPS 50.00 X 345697 0 32379 JOHN GONZALEZ VP OF PRODUCT MANAGEMENT 50.00 X 308769 0 77118 TRACY L WAKSLER VP OF GROWTH 50.00 X 281069 0 43416 DEANCA DICKEY VP OF TALENT 50.00 X 230006 0 32375 ALEDA GAGARIN VP OF INFLUENCE 50.00 X 227357 0 60185 2602538 0 442776 93 0 1 0 VENTION SOLUTIONS INC 697 MILL CREEK ROAD SUITE 13 MANAHAWKIN NJ 08050 SOFTWARE DEVELOPMENT CONSULTING 2081579 DRIVENDATA INC 700 COLORADO BOULEVARD 611 DENVER CO 80206 DATA SCIENCE & ENGINEERING CONSULTING 450980 BAS CONSULTING GROUP LLC 30 N GOULD ST STE R SHERIDAN WY 82801 FINANCE CONSULTING 270000 PKF O'CONNOR DAVIES LLP 500 MAMARONECK AVE SUITE 301 HARRISON NY 10528 AUDIT AND TAX CONSULTING 252268 BLUE STATE 200 BROADWAY 3RD FLOOR NEW YORK NY 10038 WEBSITE PLANNING & DESIGN CONSULTING 230000 13 4253145 4253145 PRODUCT REVENUE 611710 33060010 33060010 CANDID TRAINING 611710 376911 376911 CANDID COMMUNITY 611710 29346 29346 FOUNDATION WEB BUILDER 611710 932 932 198548 198548 33665747 2068013 2068013 54840 20000 34840 34840 34840 30647943 30130804 517139 517139 517139 MISC. INCOME 541800 287008 287008 SPONSORED WEBINARS 541800 34997 34997 322005 40860889 33665747 34997 2907000 1406943 1067401 253790 85752 13695880 10390606 2470525 834749 1118575 848625 201774 68176 2008914 1524096 362377 122441 1033635 784184 186452 62999 195122 195122 231756 231756 42000 42000 184593 184593 167513 128485 38210 818 661711 661711 1146963 214201 917862 14900 5515110 4391518 1033876 89716 1969626 1317288 567251 85087 943573 491928 416659 34986 65615 65615 2044849 1374404 582996 87449 225356 151104 64638 9614 STAFF DEVELOPMENT 388743 53111 335632 REPAIRS AND MAINTENANCE 31405 31405 BAD DEBT EXPENSE 17224 17224 SALES TAX EXPENSE 7085 7085 250 250 33102441 23503017 8102737 1496687 3501125 2837665 12868829 8580731 2891599 1553126 1650992 1593688 576607 1001740 51808172 22292842 17404010 29515330 51180328 53150819 10104262 8713386 100177752 106946485 1960826 1522731 14783564 14132976 13850474 12074225 30594864 27729932 X 58724942 69751251 10857946 9465302 69582888 79216553 100177752 106946485 X 7758448 1781832 93385 X X 0 1 X 1 0 X 12331121 23672424 7177743 8769879 4253145 56204312 12331121 23672424 7177743 8769879 4253145 56204312 13349287 42855025 293548 21873 1097975 1583407 2122853 5119656 1064486 87673 30792 351636 287008 1821595 63145563 159155716 0.67870 0.66080 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: VENDING MACHINE INCOME - 2020 AMOUNT: $ 340. 2021 AMOUNT: $ 351. 2022 AMOUNT: $ 360. MISC INCOME - 2020 AMOUNT: $ 1,064,146. 2021 AMOUNT: $ 50,682. 2022 AMOUNT: $ 30,432. 2023 AMOUNT: $ 132,676. 2024 AMOUNT: $ 287,008. TAX REFUNDS - 2021 AMOUNT: $ 36,640. WRITE-OFF OF ACCRUED EXPENSES - 2023 AMOUNT: $ 218,960. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 42000 42000 0 PART II-B, LINE 1: CANDID ENGAGED LIGHTHOUSE PUBLIC AFFAIRS, LLC TO LOBBY AND SECURE FAVORABLE AMENDMENTS TO CALIFORNIA ASSEMBLY BILL 488 IN REGARDS TO THE REGULATION OF CHARITABLE FUNDRAISING PLATFORMS AND PLATFORM CHARITIES. LIGHTHOUSE PUBLIC AFFAIRS, LLC WAS PAID $42,000 FOR THEIR SERVICES FOR THE YEAR ENDING DECEMBER 31, 2024. 17489814 1234853 18724667 16121195 1368619 17489814 18466592 -2345397 16121195 18729532 3979318 22708850 17367766 1361766 18729532 0.90846 0.09154 0.00000 0 0 5136019 3230176 1905843 1188655 1134833 53822 45483498 17927833 27555665 29515330 RIGHT OF USE ASSET - OPERATING LEASES 8713386 8713386 ACCUMULATED POSTRETIREMENT BENEFIT OBLIGATION 808857 RIGHT OF USE LIABILITIES - OPERATING LEASES 11265368 12074225 X 42586513 1781832 15000 113385 1910217 40676296 184593 184593 40860889 32952848 15000 20000 35000 32917848 184593 184593 33102441 PART V, LINE 4: CANDID'S ENDOWMENT FUNDS AND BOARD-DESIGNATED AMOUNTS FOR LONG-TERM INVESTMENT CONSIST OF PERMANENTLY RESTRICTED NET ASSETS (ENDOWMENT FUNDS) AND A BOARD-DESIGNATED AMOUNT FOR LONG-TERM INVESTMENT. THE PERMANENTLY RESTRICTED NET ASSETS (ENDOWMENT FUNDS) ARE SUBJECT TO DONOR-IMPOSED STIPULATIONS THAT THE PRINCIPAL BE MAINTAINED PERMANENTLY BY CANDID. CANDID HAS THREE SEPARATE ENDOWMENTS AND IT IS PERMITTED TO USE THE INCOME EARNED ON THE RELATED INVESTMENTS FOR GENERAL PURPOSES, LIBRARY ACQUISITIONS AND PUBLIC EDUCATION. THE BOARD-DESIGNATED AMOUNT FOR LONG-TERM INVESTMENT IS A FUND SET ASIDE BY THE BOARD OF TRUSTEES FOR LONG-TERM INVESTMENT THAT ENSURE CANDID'S FINANCIAL STRENGTH AND AGILITY, AND PROVIDE A RESERVE FUND IN THE EVENT OF A FINANCIAL EMERGENCY. PART X, LINE 2: CANDID RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT CANDID HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. CANDID IS NO LONGER SUBJECT TO EXAMINATION BY THE APPLICABLE JURISDICTIONS FOR PERIODS PRIOR TO DECEMBER 31, 2021. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES REPORTED ON PART VIII, LINE 6B 20,000. POSTRETIREMENT CHANGES OTHER THAN NET PERIODIC BENEFIT COST 93,385. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES REPORTED ON PART VIII, LINE 6B 20,000. PART XI, LINE 2D - OTHER ADJUSTMENTS: AS OF DECEMBER 31, 2024, AN ACTUARIAL GAIN OF $93,385 WAS NOT YET RECOGNIZED AS A COMPONENT OF NET PERIODIC POSTRETIREMENT BENEFIT COST. THIS GAIN IS RECORDED ON THE DECEMBER 31, 2024 STATEMENT OF CHANGES IN NET ASSETS WITHOUT DONOR RESTRICTIONS. X X X 1 0 0 1 0 0 0 1 0 ANN MEI CHANG CEO 415122 0 5275 0 516 0 32775 0 17088 0 470776 0 0 0 JOHN GONZALEZ VP OF PRODUCT MANAGEMENT 307977 0 0 0 792 0 30381 0 46737 0 385887 0 0 0 KEVIN L MULDER VP OF TECHNOLOGY 303490 0 0 0 183 0 30240 0 49809 0 383722 0 0 0 JOSE RODRIGUEZ SR. DIR. OF STRATEGIC PARTNERSHIPS 191206 0 0 0 154491 0 18105 0 14274 0 378076 0 0 0 TRACY L WAKSLER VP OF GROWTH 280034 0 0 0 1035 0 25770 0 17646 0 324485 0 0 0 ALEDA GAGARIN VP OF INFLUENCE 227237 0 0 0 120 0 16576 0 43609 0 287542 0 0 0 MIZMUN KUSAIRI SECRETARY/VP OF PLANNING 231448 0 0 0 239 0 22263 0 14688 0 268638 0 0 0 DEANCA DICKEY VP OF TALENT 229490 0 0 0 516 0 16427 0 15948 0 262381 0 0 0 SAMANTHA BARBEE CHIEF OPER & FINANCIAL OFFICER, AS OF 5/6/24 195075 0 0 0 301 0 17229 0 8574 0 221179 0 0 0 PART I, LINE 3 REFER TO THE EXPLANATION FOR FORM 990, PART VI, SECTION B, LINE 15 ON SCHEDULE O. PART I, LINE 4A JOSE RODRIGUEZ RECEIVED A SEVERANCE PAYMENT OF $58,717 INCLUDED IN HIS 2024 W-2. PART I, LINE 5 JOSE RODRIGUEZ, SENIOR DIRECTOR OF STRATEGIC PARTNERSHIPS & CHANNELS, RECEIVED A COMMISSION PAYMENT OF $21,266 BASED ON HIS INDIVIDUAL SALES DURING CALENDAR YEAR 2024. PART I, LINE 7 CERTAIN OFFICERS AND OTHER EMPLOYEES LISTED ON SCHEDULE J, PART II RECEIVED TAXABLE DISCRETIONARY BONUSES INCLUDED IN THEIR 2024 W-2S. FORM 990, PART III, LINE 1: EVERY YEAR, MILLIONS OF NONPROFITS SPEND TRILLIONS OF DOLLARS AROUND THE WORLD. CANDID FINDS OUT WHERE THAT MONEY COMES FROM, WHERE IT GOES, AND WHY IT MATTERS. THIS GIVES US A UNIQUE PLATFORM WHERE WE CAN SURFACE DATA AND INSIGHTS TO INFORM DECISION-MAKING, STREAMLINE THE GRANTMAKING PROCESS, AND ENSURE MORE EQUITABLE ACCESS TO FUNDING. CANDID GETS YOU THE INFORMATION YOU NEED TO DO GOOD. FORM 990, PART III, LINE 4A: PRODUCT PROGRAM ACCOMPLISHMENTS IN 2024 INCLUDE THE FOLLOWING: CANDID OFFERS A VARIETY OF PRODUCTS AND SERVICES TO SUPPORT THE SOCIAL SECTOR. THESE INCLUDE A COMPREHENSIVE FUNDRAISING DATABASE OF GRANTMAKERS AND GRANTS, A DATABASE OF NONPROFITS THAT HELPS DONORS SUPPORT THE CAUSES THEY CARE ABOUT, CUSTOM TRAINING COURSES, APIS THAT THAT POWER WEBSITES AND APPLICATIONS WITH CANDID'S COMPREHENSIVE SOCIAL SECTOR DATA, AND MORE. IN 2024, WE WERE HARD AT WORK ON OUR NEWEST PRODUCT: CANDID SEARCH. CANDID SEARCH AIMS TO SYNTHESIZE ANSWERS TO YOUR QUESTIONS ABOUT THE SOCIAL SECTOR ALL IN ONE PLACE, BRINGING TOGETHER KEY FEATURES OF OUR FLAGSHIP PRODUCTS SUCH AS FOUNDATION DIRECTORY, GUIDESTAR/CHARITY CHECK, SEALS OF TRANSPARENCY, 990 FINDER, PHILANTHROPY NEWS DIGEST, CANDID LEARNING, FOUNDATION MAPS, AND MORE. AS WE GEAR UP TO LAUNCH CANDID SEARCH IN LATE-2025, WE'VE BEEN ROLLING OUT MARKET-CHANGING FEATURES AND GATHERING FEEDBACK TO REFINE THEM ALONG THE WAY. FORM 990, PART III, LINE 4B: MAJOR PUBLIC INTEREST & OTHER PROGRAMS ACCOMPLISHMENTS IN 2024 INCLUDE THE FOLLOWING: TODAY, 95% OF USERS ACCESS CANDID'S DATA FOR FREE. CANDID'S TOOLS AND RESOURCES HELP NONPROFITS FIND FUNDING, INCREASE THEIR VISIBILITY, AND BUILD SKILLS AND KNOWLEDGE. THERE ARE SEVERAL WAYS WE MAKE OUR RESOURCES ACCESSIBLE, PARTICULARLY TO SMALLER, UNDER-RESOURCED NONPROFITS. NEARLY ALL OF OUR TRAINING CONTENT ON CANDID LEARNING IS AVAILABLE FOR FREE. FOUNDATION DIRECTORY AND CANDID PROFILES ON GUIDESTAR ARE AVAILABLE FOR FREE USE AT OUR CANDID COMMUNITY PARTNER IN 1,806 LOCATIONS ACROSS THE COUNTRY. TO ENSURE THAT FINANCIAL RESOURCES AND GEOGRAPHIC LOCATION ARE NEVER A BARRIER, OUR GO FOR GOLD INITIATIVE ALLOWS 501C3 ORGANIZATIONS WITH BUDGETS OF LESS THAN $1 MILLION TO ACCESS A FREE SUBSCRIPTION TO FOUNDATION DIRECTORY ESSENTIAL IF THEY FILL OUT THEIR CANDID PROFILE AND EARN A GOLD SEAL OF TRANSPARENCY. OUR FREE VIRTUAL LIBRARY OF CURATED EBOOKS AND AUDIOBOOKS COVERS TOPICS PERTINENT TO THE SOCIAL SECTOR SUCH AS FUNDRAISING, NONPROFIT MANAGEMENT, SOCIAL ENTREPRENEURSHIP, AND BOARD DEVELOPMENT. AND OUR ONLINE LIBRARIAN SERVICE MAKES IT EASY FOR PEOPLE TO ENGAGE WITH OUR TEAM OF EXPERTS TO GET ANSWERS TO THEIR QUESTIONS ABOUT FOUNDATIONS, PHILANTHROPY, FUNDRAISING, AND NONPROFITS. IN 2024, WE HAD 56,000 TRAINING REGISTRANTS TO OUR FREE PROFESSIONAL DEVELOPMENT COURSES, 1,700 FREE SUBSCRIPTIONS REDEEMED THROUGH OUR GO FOR GOLD INITIATIVE, AND 1,710 LOCATIONS NOW PROVIDING FREE, LOCAL ACCESS TO OUR TOOLS AND SERVICES (AN 80% INCREASE OVER 2023). FORM 990, PART III, LINE 4C: MAJOR DATA COLLECTION & ANALYSIS ACCOMPLISHMENTS IN 2024 INCLUDE THE FOLLOWING: DATA IS THE CORNERSTONE OF CANDID'S VALUE TO THE SOCIAL SECTOR. WE COLLECT DATA FROM THE IRS AND OTHER GOVERNMENT AGENCIES AROUND THE WORLD, FROM FUNDERS AND NONPROFITS DIRECTLY, AND OTHER SOURCES. THIS DATA IS THEN CLEANED AND CODED ACCORDING TO OUR TAXONOMY SO THAT IT'S EASY TO FIND USEFUL INFORMATION. WE ARE EXPANDING OUR DATA COLLECTION EFFORTS BY BUILDING PARTNERSHIPS AND INCREASING THE NUMBER OF ORGANIZATIONS THAT SHARE THEIR DATA WITH US. OUR DATA IS UPDATED DAILY AS PARTNERS SUBMIT IT AND/OR WE FIND NEW DATA SOURCES. IN 2024, WE FOCUSED ON INCREASING THE FRESHNESS, QUALITY, AND COMPREHENSIVENESS OF OUR DATA. WE HELP THE FIELD MAKE MEANING OF CANDID DATA THROUGH OUR RESEARCH REPORTS AND BLOGS WHICH SHOWCASE HOW CANDID DATA CAN EXPLAIN WHAT IS HAPPENING IN THE SECTOR. IN 2024, WE PRODUCED TWO RESEARCH REPORTS, TWO KEY FACTS PIECES, AND PUBLISHED 16 THOUGHT LEADERSHIP PIECES INFORMED BY OUR DATA AND RESEARCH. FORM 990, PART VI, SECTION B, LINE 11B CANDID'S FORM 990 IS PREPARED BY THE OUTSIDE ACCOUNTING FIRM, PKF O'CONNOR DAVIES. THE FORM 990 IS THEN REVIEWED BY THE ORGANIZATION'S CHIEF OPERATING AND FINANCIAL OFFICER AND CEO. SUBSEQUENTLY, THE AUDIT COMMITTEE OF CANDID'S BOARD OF TRUSTEES AND THE FULL BOARD RECEIVE AN ELECTRONIC COPY OF THE FORM 990 AND REVIEWS THE RETURN. AFTER RESPONDING TO ALL INQUIRIES AND MAKING ANY NECESSARY CHANGES, THE FINAL FORM 990 IS PROVIDED TO ALL MEMBERS OF THE BOARD PRIOR TO ITS FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C A CONFLICT OF INTEREST DISCLOSURE STATEMENT IS OBTAINED ANNUALLY FROM ALL TRUSTEES, OFFICERS, MANAGER AND OTHER KEY EMPLOYEES WHO ARE CURRENTLY SERVING CANDID. A REPORT SUMMARIZING THE DISCLOSURE STATEMENTS IS PROVIDED TO THE BOARD OF TRUSTEES ANNUALLY. IT IS CANDID'S POLICY THAT IN THE EVENT OF A CONFLICT THE FOLLOWING IS DONE: IF THERE IS A CONFLICT RELEVANT TO A MATTER REQUIRING ACTION BY THE BOARD OF TRUSTEES, THE INTERESTED PERSON SHALL CALL IT TO THE ATTENTION OF THE BOARD OF TRUSTEES, AND THE TRUSTEE CONCERNED SHALL NOT VOTE ON THE MATTER. MOREOVER, THE PERSON HAVING A CONFLICT MAY ANSWER QUESTIONS THAT SHALL ARISE FROM THE BOARD OF TRUSTEES, BUT SHALL RETIRE FROM THE ROOM IN WHICH THE BOARD IS MEETING AND SHALL NOT PARTICIPATE IN ANY DELIBERATION OR DECISION REGARDING THE MATTER UNDER CONSIDERATION. WHEN THERE IS DOUBT AS TO WHETHER A CONFLICT OF INTEREST EXISTS, THE MATTER SHALL BE RESOLVED BY VOTE OF THE BOARD OF TRUSTEES OR ITS COMMITTEE, EXCLUDING FROM THE ROOM AND THE VOTE THE PERSON WHOSE SITUATION WILL BE DISCUSSED. WHEN A CONFLICT OF INTEREST ARISES FOR ANY STAFF MEMBER EXCEPT THE PRESIDENT, THAT STAFF MEMBER SHALL REPORT IT TO THE CEO IN WRITING. A CONFLICT OF INTEREST RELATING TO THE CEO SHALL BE REPORTED IN WRITING TO THE CHAIR OF THE BOARD. IN ADDITION, IF THE CONFLICTED PARTY HAS A SUBSTANTIAL FINANCIAL INTEREST IN THE MATTER, THE BOARD WOULD NEED TO CONSIDER ALTERNATIVES. FORM 990, PART VI, SECTION B, LINE 15 CANDID'S BOARD OF TRUSTEES, CONSISTING OF INDEPENDENT PERSONS, ESTABLISHES COMPENSATION FOR THE CEO AND REVIEWS THE COMPENSATION FOR THE OTHER OFFICER(S) AND VICE PRESIDENTS ON AN ANNUAL BASIS. PRIOR TO MAKING COMPENSATION DECISIONS, THE BOARD OBTAINS INFORMATION ON THE COMPENSATION OF FUNCTIONALLY COMPARABLE POSITIONS FOR SIMILARLY QUALIFIED PERSONS AT SIMILARLY SITUATED ORGANIZATIONS AND/OR BENCHMARK SALARIES FOR SELECT POSITIONS OBTAINED FROM SALARY SURVEYS. DOCUMENTATION OF THE DELIBERATIONS AND DECISIONS WERE MADE VIA EMAIL. THE COMPENSATION REVIEW PROCESS WAS LAST UNDERTAKEN IN OCTOBER 2022. FORM 990, PART VI, SECTION C, LINE 19 CANDID'S AUDITED FINANCIAL STATEMENTS AND ANNUAL REPORT FOR THE PAST FIVE YEARS ARE POSTED ON ITS WEBSITE AND ARE DOWNLOADABLE. IN ADDITION, GOVERNANCE AND STAFFING POLICIES ARE POSTED, INCLUDING THE CODE OF CONDUCT (WHICH INCLUDES THE CONFLICT OF INTEREST POLICY), DIVERSITY STATEMENT AND THE EXECUTIVE COMPENSATION POLICY. FORM 990, PART XI, LINE 9: POSTRETIREMENT CHANGES OTHER THAN NET PERIODIC BENEFIT COST 93,385. FORM 990, PART XII, LINE 2C: CANDID DID NOT CHANGE EITHER ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR.