INVEST IN OTHERS CHARITABLE FOUNDA… - Form 990 Financial Data

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2006

Legal Domicile

Principal Officer

R BARKLEY PAYNE

Phone

7813044812

Tax Period

2024-01-01 to 2024-12-31

INVEST IN OTHERS CHARITABLE FOUNDATION INC, founded in 2006, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $3.2M in total revenue in fiscal year 2024. Revenue grew 18% year-over-year, indicating healthy expansion. Expenses of $2.9M left a modest 11% surplus.

Mission

THE ORGANIZATION'S MISSION IS TO AMPLIFY THE CHARITABLE WORK OF FINANCIAL ADVISORS, EMPLOYEES, AND THEIR FIRMS, AND TO SERVE AS A CATALYST TO CHANNEL PHILANTHROPY AND VOLUNTEERISM TO WHERE IT IS NEEDED MOST.

Program Service Accomplishments

Program 1

Expenses: $2,459,291

THE INVEST IN OTHERS AWARDS PROGRAM (THE "PROGRAM") RECOGNIZES THE PHILANTHROPIC ACHIEVEMENTS OF FINANCIAL ADVISORS AND FINANCIAL SERVICES FIRMS IN COMMUNITIES ACROSS THE COUNTRY AND AROUND THE...

THE INVEST IN OTHERS AWARDS PROGRAM (THE "PROGRAM") RECOGNIZES THE PHILANTHROPIC ACHIEVEMENTS OF FINANCIAL ADVISORS AND FINANCIAL SERVICES FIRMS IN COMMUNITIES ACROSS THE COUNTRY AND AROUND THE WORLD. FINANCIAL ADVISORS ARE NOMINATED FOR FIVE AWARDS. ADVISOR FINALISTS AND WINNERS RECEIVE A DONATION TO THEIR DESIGNATED CHARITIES RANGING FROM $25,000 UP TO $100,000. AWARDS ARE PRESENTED AT THE ANNUAL GALA EACH FALL. THE ORGANIZATION GAVE 75 GRANTS OF $2,000 EACH FOR HONORABLE MENTION AWARDS.INVEST IN OTHERS GRANT PROGRAMS, INCLUDING GRANTS FOR GOOD AND GRANTS FOR CHANGE, PROVIDE AN OPPORTUNITY FOR EMPLOYEES OF THE FINANCIAL SERVICES INDUSTRY TO SECURE FUNDING FOR SPECIFIC PROGRAMS OR PROJECTS ON BEHALF OF NONPROFITS THAT THEY SUPPORT. GRANT AWARDS RANGE FROM $5,000 TO $20,000 AND ARE DISTRIBUTED THROUGHOUT THE YEAR. THE CHARITABLE CHAMPIONS PROGRAM RECOGNIZES FINANCIAL ADVISORY FIRMS THAT GIVE BACK TO THEIR COMMUNITIES BY PROMOTING A CULTURE OF PHILANTHROPY AMONGST THEIR FINANCIAL ADVISORS AND EMPLOYEES.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $3,169,876

Program Service Revenue $0

Investment Income $64,681

Other Revenue $-26,133

TOTAL REVENUE $3,208,424

Expense Breakdown

Grants Paid $1,405,190

Salaries & Benefits $635,363

Fundraising Expenses $130,173

Program Expenses $2,459,291

Other Expenses $813,783

TOTAL EXPENSES $2,854,336

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,208,424	$2,717,774	+0.2%
Expenses	$2,854,336	$2,341,476	+0.2%
Net Income	$354,088	$376,298	-0.1%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

106

Governance Policies

✓ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$301,985

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
R BARKLEY PAYNE	PRESIDENT/CEO	40.00	Officer	$279,500	$22,485	$301,985
JESSICA DUNHAM	VP PROGRAMS & OPERATIONS	40.00	Highest	$135,377	$16,702	$152,079
JOHN HYLAND	CHAIR (UNT 3/24)/I.P.C. (AS OF 3/24)	5.00	Officer Director	$0	$0	$0
JEFF VIVACQUA	V.C. (UNTIL 3/24)/CHAIR (AS OF 3/24)	5.00	Officer Director	$0	$0	$0
MEGHAN PEACHEY	DIR. (UNTIL 3/24)/V.C. (AS OF 3/24)	5.00	Officer Director	$0	$0	$0
MARK CONNOLLY	DIR. (UNT 3/24)/TREAS. (AS OF 3/24)	5.00	Officer Director	$0	$0	$0
MARK GOLDBERG	TREAS. (UNT 3/24)/DIR. (AS OF 3/24)	5.00	Officer Director	$0	$0	$0
BRIAN HAMBURGER	CLERK	5.00	Officer Director	$0	$0	$0
ADAM ANTONIADES	DIRECTOR (UNTIL 3/24)	5.00	Director	$0	$0	$0
RONICE BARLOW	DIRECTOR	5.00	Director	$0	$0	$0
STACY BERNSTEIN	DIRECTOR	5.00	Director	$0	$0	$0
DAVID CANTER	DIRECTOR	5.00	Director	$0	$0	$0
JENNIFER CONNELLY	DIRECTOR	5.00	Director	$0	$0	$0
GREG CORNICK	DIRECTOR (UNTIL 9/24)	5.00	Director	$0	$0	$0
STEPHANIE DRESCHER	DIRECTOR	5.00	Director	$0	$0	$0
TASH ELWYN	DIRECTOR (UNTIL 3/24)	5.00	Director	$0	$0	$0
DAVID FISHER	DIRECTOR (UNTIL 3/24)	5.00	Director	$0	$0	$0
AMY FRITZ	DIRECTOR	5.00	Director	$0	$0	$0
BRETT GOODMAN	DIRECTOR	5.00	Director	$0	$0	$0
BEN HUNEKE	DIRECTOR (UNTIL 3/24)	5.00	Director	$0	$0	$0
MICHAEL KEENAN	DIRECTOR	5.00	Director	$0	$0	$0
SEAN KEENAN	DIRECTOR	5.00	Director	$0	$0	$0
MICHAEL KIM	DIRECTOR	5.00	Director	$0	$0	$0
JOSEPH LOMBARDO	DIRECTOR (UNTIL 8/24)	5.00	Director	$0	$0	$0
BRIAN MCLAUGHLIN	DIRECTOR	5.00	Director	$0	$0	$0
DAVID MICHAUD	DIRECTOR	5.00	Director	$0	$0	$0
TOM NORTH	DIRECTOR	5.00	Director	$0	$0	$0
CHRISTOPHER O'DEA	DIRECTOR	5.00	Director	$0	$0	$0
JOHN PAVESE	DIRECTOR	5.00	Director	$0	$0	$0
KIRSTEN PICKENS	DIRECTOR	5.00	Director	$0	$0	$0
MARY PAT ROENBECK	DIRECTOR	5.00	Director	$0	$0	$0
JENNIFER ROSINSKI	DIRECTOR	5.00	Director	$0	$0	$0
ABBY SALAMEH	DIRECTOR	5.00	Director	$0	$0	$0
PAUL SANTUCCI	DIRECTOR	5.00	Director	$0	$0	$0
CATHY SAUNDERS	DIRECTOR	5.00	Director	$0	$0	$0
CLARA SIERRA	DIRECTOR	5.00	Director	$0	$0	$0
MARC SQUIRES	DIRECTOR	5.00	Director	$0	$0	$0
ANDREW STAVARIDIS	DIRECTOR	5.00	Director	$0	$0	$0
EDWARD SWENSON	DIRECTOR	5.00	Director	$0	$0	$0
KATE THOMPSON	DIRECTOR	5.00	Director	$0	$0	$0
JOHN VACCARO	DIRECTOR	5.00	Director	$0	$0	$0
TOM WALROND	DIRECTOR	5.00	Director	$0	$0	$0
COREY WALTHER	DIRECTOR (UNTIL 3/24)	5.00	Director	$0	$0	$0
MATT WITKOS	DIRECTOR (UNTIL 2/24)	5.00	Director	$0	$0	$0
BARRETT WRAGG	DIRECTOR	5.00	Director	$0	$0	$0
DAN ZITTING	DIRECTOR	5.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$3,208,424	$2,854,336	$4,125,346	$354,088
2023	$2,717,774	$2,341,476	$3,393,569	$376,298
2022	$2,250,876	$2,327,874	$2,886,971	$-76,998
2021	$2,262,869	$2,053,061	$3,303,962	$209,808
2020	$1,737,140	$1,505,805	$3,056,630	$231,335
2019	$1,676,321	$1,683,787	$2,546,311	$-7,466
2018	$1,641,115	$1,476,127	$2,357,417	$164,988

INVEST IN OTHERS CHARITABLE FOUNDATION INC