2023-09-12T14:29:23-05:00 2022-12-31 873231666 PKF O'CONNOR DAVIES ADVISORY LLC 245 PARK AVENUE 12TH FLOOR NEW YORK NY 10167 990 2022-01-01 237156531 ASSOCIATION OF BLACK FOUNDATION EXECUTIVES INC ASSO 6463929877 55 EXCHANGE PLACE 401 NEW YORK NY 10005 SUSAN TAYLOR BATTEN PRESIDENT AND CEO 6463929877 2023-09-12 1 SUSAN TAYLOR BATTEN XXX-XX-XXXX 1 EVA MRUK P00543254 2122862600 2023-09-12 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z SUSAN TAYLOR BATTEN 55 EXCHANGE PLACE 401 NEW YORK NY 10005 5805379 0 X ABFE.ORG X 1971 IN ABFE'S MISSION IS TO PROMOTE EFFECTIVE AND RESPONSIVE PHILANTHROPY IN BLACK COMMUNITIES. 17 17 33 20 0 0 12763655 4736155 1114836 1064163 846 5061 0 0 13879337 5805379 0 0 0 0 2654023 3258939 20000 18360 687344 1120291 2121259 3794314 5398558 10085023 406821 18483278 19117303 556903 784107 17926375 18333196 X ABFE'S MISSION IS TO PROMOTE EFFECTIVE AND RESPONSIVE PHILANTHROPY IN BLACK COMMUNITIES. AS AN INSTITUTION, ABFE SEEKS TO IMPACT THE COMMUNITY OF PHILANTHROPIC PRACTICE AND THEREBY THE OVERALL HEALTH AND STRENGTH OF THE BLACK COMMUNITY. 0 0 956475 0 319146 ANNUAL CONFERENCE AND JAMES JOSEPH LECTUREABFE'S ANNUAL CONFERENCE IS A GATHERING OF PHILANTHROPIC AND NON-PROFIT PROFESSIONALS FOR NETWORKING AND ENGAGEMENT AROUND SHARED INTEREST IN SUPPORTING BLACK COMMUNITIES THROUGH PHILANTHROPY. THE TARGET AUDIENCE IS ABFE'S MEMBERS AND PARTNERS; FOUNDATION TRUSTEES, EXECUTIVE STAFF AND PROGRAM OFFICERS, GRANT MAKING ENTITIES INCLUDING PRIVATE FOUNDATIONS, CORPORATE GIVING PROGRAMS, DONOR-ADVISED FUNDS AND GIVING CIRCLES. IN 2022, ABFE FOCUSED ON FIVE OF THE 10 IMPERATIVES INCLUDED IN ITS CALL TO ACTION; ISSUE AREAS THAT ARE NOT ONLY AT THE HEART OF NEEDED INVESTMENT AND CHANGE, BUT AREA CRITICAL TO THE ORGANIZATION'S COMMITMENT TO RESPONSIVE PHILANTHROPY IN BLACK COMMUNITIES (RPBC) FRAMEWORK. THESE PRIORITY AREAS INCLUDED: (1) A PUSH FOR STRUCTURAL CHANGE, (2) ENGAGING BLACK BUSINESS, (3) LIFTING UP GENDER, (4) REACHING THE DIASPORA, AND (5) ADDRESSING DISPARITIES IN PRISONS. THE 2022 ANNUAL CONFERENCE BROUGHT TOGETHER 791 PARTICIPANTS (720 IN-PERSON, 71 VIRTUAL). 64% OF THE PARTICIPANTS WERE ABFE MEMBERS, AND NEARLY 100 REGISTRANTS WERE FOUNDATION BOARD TRUSTEES.WE ALSO CELEBRATED WHAT HAS BEEN A SIGNATURE PROGRAM FOR ABFE FOR OVER 30 YEARS, THE JAMES A. JOSEPH LECTURE AND AWARDS, WHICH CELEBRATED THE IMPORTANT ACCOMPLISHMENTS OF LEADERS IN THE FIELD. 689629 0 124169 PHILANTHROPIC ADVISINGABFE BRINGS A NEW FRAMEWORK ON RPBC TO REALIZE ITS MISSION OF PROMOTING EFFECTIVE AND RESPONSIVE PHILANTHROPY IN BLACK COMMUNITIES. THIS NEW TEMPLATE BUILDS UPON GRANTMAKING WITH A RACIAL EQUITY LENS BUT IS TAILORED SPECIFICALLY TO GRANTMAKING IN AND FOR BLACK COMMUNITIES. AS A RESULT, ABFE HAS DESIGNED A SET OF DEFINING CHARACTERISTICS OF PHILANTHROPY THAT IS MORE LIKELY TO REDUCE GAPS IN RACIAL DISPARITIES FACING BLACKS IN THE UNITED STATES. WE HAVE BEEN PARTNERING WITH GRANT MAKERS AROUND THE COUNTRY TO APPLY THIS FRAMEWORK TO THEIR INVESTMENTS. IN 2022, ABFE ENGAGED 17 FOUNDATIONS, CORPORATIONS, AND PHILANTHROPY SERVING ORGANIZATIONS TO DELIVER RACIAL EQUITY TRAINING. 447370 0 394150 MEMBERSHIP SERVICESABFE EQUIPS ITS MEMBERS AND PARTNERS WITH TOOLS AND RESOURCES TO RESPOND MORE EFFECTIVELY TO THE NEEDS OF BLACK COMMUNITIES AND TO ADDRESS ANTI-BLACK RACISM. ABFE USES ITS POSITION AND NETWORKS IN THE FIELD TO SHARE INFORMATION FOR THE EXPRESS PURPOSE OF INFLUENCING POLICIES AND PRACTICES IN THE FIELD THAT MAY HINDER THE SUCCESS OF BLACK PROFESSIONALS OR COMMUNITIES. OUR RESPONSIVE PHILANTHROPY IN BLACK COMMUNITIES (RPBC) FRAMEWORK FOR GRANTMAKING SUPPORTS THE DIGNITY OF COMMUNITIES AND OPTIMIZES INHERENT STRENGTHS TO ENSURE BETTER OUTCOMES FOR BLACK COMMUNITIES. ABFE ALSO OFFERS A VARIETY OF OPPORTUNITIES FOR MEMBERS AND OTHER PROFESSIONALS IN THE FIELD TO EXCHANGE INFORMATION AND IDEAS, AND TO CULTIVATE PRODUCTIVE RELATIONSHIPS THAT OFTEN RESULT IN LEARNING, CO-INVESTMENT, AND EXPANDED SOCIAL AND PROFESSIONAL OPPORTUNITIES AND COMMUNITIES. OUR PROFESSIONAL AND LEADERSHIP DEVELOPMENT PRIMARILY FOCUSES ON MEMBERS' INTERESTS. ABFE PROVIDES INFORMATION AND OTHER RESOURCES THAT INFORM GRANTMAKING STRATEGIES AND SUPPORT CAREER AND LEADERSHIP DEVELOPMENT FOR BLACK PROFESSIONALS IN THE FIELD. 1411492 0 226698 BLACK COMMUNITY FUNDERS NETWORK (BSCFN)BLACK COMMUNITY FUNDERS NETWORK LEADERS FOCUSED ON STRENGTHENING INFRASTRUCTURE FOR CHANGE IN BLACK COMMUNITIES. LEVERAGE THE TRUST - CALEVERAGE THE TRUST - CALIFORNIA IS A NETWORK OF ABOUT 40 BLACK FOUNDATION TRUSTEES COMMITTED TO ADDRESSING IMPACTS OF ANTI-BLACK RACISM IN CALIFORNIA. IN 2022 THE NETWORK LAUNCHED A PUBLIC SIGN ON TO ENGAGE MORE TRUSTEES, HOSTED POLICY BRIEFINGS WITH STATE AND FEDERAL POLICY MAKERS, AND HOSTED REGIONAL MEET-UPS IN LOS ANGELES AND OAKLAND TO ENGAGE BLACK TRUSTEES AND CEOS IN THE STATE. CONNECTING LEADERS FELLOWSHIP (CLFP)CLFP IS A YEAR-LONG EXPERIENCE DESIGNED TO SHARPEN THE SKILLS AND STRENGTHEN THE LEADERSHIP CAPACITY OF FOUNDATION STAFF, DONORS, AND TRUSTEES WHO ARE COMMITTED TO ASSISTING BLACK COMMUNITIES THROUGH PHILANTHROPY. FELLOWS GET THE OPPORTUNITY TO LEARN FROM SEASONED GRANTMAKERS AND PEERS ON A REGULAR BASIS, UNDERSTAND HOW TO BE MORE EFFECTIVE AGENTS FOR CHANGE WITHIN THEIR INSTITUTIONS, AND PARTICIPATE IN A NETWORK THAT FOCUSES ON INNOVATIVE SOLUTIONS TO COMMUNITY CHALLENGES. THE FELLOWSHIP BEGINS WITH A WEEK-LONG LEADERSHIP SUMMIT. IN ADDITION, FELLOWS CONDUCT A 360-DEGREE EVALUATION AND ARE ASSIGNED A LEADERSHIP COACH. EACH FELLOW IS REQUIRED TO COMPLETE A COMMUNITY-BASED LEARNING PROJECT DURING THE FELLOWSHIP YEAR, WHICH CAN BE VOLUNTEER WORK OR A RESEARCH PROJECT ON A TOPIC OF INTEREST. ABFE ADDED 10 NEW CLFP FELLOWS IN 2022, BOOSTING OUR NUMBERS TO 197. WE BROUGHT THE COHORT TOGETHER FOR OUR ANNUAL CLFP SUMMIT WHICH WAS HELD IN ATLANTA, GA. BLACK WOMEN IN PHILANTHROPY (BWIP)IN 2022 ABFE MARKED THE 9TH ANNUAL BLACK WOMEN IN PHILANTHROPY LEADERSHIP (BWIP) RETREAT, A GATHERING OF 134 CEO AND "MID-LEVEL MANAGERS/SISTERS RISING" IN FOUNDATIONS. THE EVENT WAS DESIGNED TO CREATE BOTH PEER-GROUP AND "CROSS-GENERATION" OPPORTUNITIES TO SUPPORT THE FULL DIVERSITY OF PARTICIPATING WOMEN. THE RETREAT CREATES THE SPACE TO SHARE TRIUMPHS, CHALLENGES AND LESSONS LEARNED. IN ADDITION, OPPORTUNITIES FOR PARTICIPANTS TO BUILD AND CREATE COMMUNITY WERE ESTABLISHED. BWIP IS PART OF ABFE'S EFFORT TO AMPLIFY THE UNIQUE LEADERSHIP AND ROLES THAT VARIOUS STAKEHOLDER GROUPS PLAY IN THE SECTOR. THE 2022 ANNUAL BWIP RETREAT TOOK PLACE AUGUST 25TH 27, 2022 AT PARADISE POINT RESORT IN SAN DIEGO, CALIFORNIA. OTHER PROGRAMSOTHER PROGRAMS INCLUDE ENGAGEMENTS WITH ABFE'S PARTNERSHIPS AND NETWORKS IN THE BLACK COMMUNITIES. ONE OF THESE NETWORKS IS SMART INVESTING WHICH IS A NETWORK OF INVESTMENT OFFICERS AND ASSET MANAGERS COMMITTED TO DIVERSE AND INCLUSIVE INVESTMENT MANAGEMENT PRACTICES IN PHILANTHROPY. IN 2022 THE NETWORK CONVENED A 3-DAY RETREAT WITH OVER 30 INVESTMENT OFFICERS ACROSS THE FIELD TO DISCUSS WAYS TO ADDRESS RACIAL BIAS, ENGAGE MORE DIVERSE ASSET MANAGERS, AND BUILD RELATIONSHIPS WITH STAKEHOLDERS THAT CAN IMPACT CHANGE IN THE SECTOR. ANOTHER NETWORK IS THE UMOJA CIRCLE, A NATIONAL NETWORK OF BLACK FOUNDATION CEOS THAT COME TOGETHER REGULARLY TO DISCUSS PHILANTHROPY'S ROLE IN ADDRESSING THE SOCIAL AND ECONOMIC INEQUITIES IMPACTING THE BLACK COMMUNITY. IN 2022 THE NETWORK COLLABORATED TO CREATE "A SPIRIT OF UNITY: HOW BLACK FOUNDATION CEOS ARE ADVANCING THE CALL TO ACTION TO ANTI-BLACK RACISM FOR PHILANTHROPY" A PUBLICATION THAT ILLUSTRATES THE IMPACTS THIS NETWORK MADE ON ADDRESSING ANTI-BLACK RACISM IN THEIR COMMUNITIES. 1411492 0 226698 3504966 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 46 0 33 1 0 0 0 0 0 0 0 0 0 0 0 0 X 17 17 0 0 1 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X X HAJRINA SHEHU VP FINANCE AND ADMIN 6463929877 55 EXCHANGE PLACE 401 NEW YORK NY 10005 MR CORY ANDERSON CHAIR 1.00 X X 0 0 0 MSKAREN MCNEIL-MILLER CHAIR THRU APRIL 2022 1.00 X X 0 0 0 MS SHARON NASH BUSH VICE CHAIR 1.00 X X 0 0 0 MR CEDRIC BROWN VICE CHAIR THRU APRIL 2022 1.00 X X 0 0 0 MS MARIA WOODRUFF-WRIGHT TREASURER 1.00 X X 0 0 0 MS TRISTA HARRIS TREASURER THRU APRIL 2022 1.00 X X 0 0 0 DR SYLVIA BARTLEY SECRETARY 1.00 X X 0 0 0 MS STEPHANIE BELL-ROSE DIRECTOR 1.00 X 0 0 0 MS MELISSA DESHIELDS DIRECTOR 1.00 X 0 0 0 MR HERBERT DRAYTON DIRECTOR 1.00 X 0 0 0 MR JAMES HEAD DIRECTOR 1.00 X 0 0 0 MS WENDY LEWIS JACKSON DIRECTOR 1.00 X 0 0 0 MS SUSAN D JOHNSON DIRECTOR 1.00 X 0 0 0 MS CYNTHIA MULLER DIRECTOR 1.00 X 0 0 0 MR ISAIAH OLIVER DIRECTOR 1.00 X 0 0 0 MS DALILA WILSON-SCOTT DIRECTOR 1.00 X 0 0 0 MS UPENDO SHABAZZ DIRECTOR 1.00 X 0 0 0 MS MAISHA SIMMONS DIRECTOR 1.00 X 0 0 0 MR STEPHEN WEBSTER DIRECTOR 1.00 X 0 0 0 MS AISHA ALEXANDER YOUNG DIRECTOR 1.00 X 0 0 0 MS SUSAN TAYLOR BATTEN PRESIDENT & CEO 35.00 X 253134 0 47305 MS HAJRINA SHEHU VP FINANCE AND ADMIN AS OF NOV 2022 35.00 X 11620 0 0 MS JANET GUMBS VP FINANCE AND ADMIN THRU DEC 2022 35.00 X 151642 0 26523 MS MICHELL SPEIGHT CHIEF OF STAFF 35.00 X 167203 0 20457 MR EDWARD JONES VP, PROGRAMS 35.00 X 159046 0 26541 MS TAHIRA CHRISTMON VP, EXTERNAL AFFAIRS 35.00 X 155386 0 12346 MR T'SHAWN RIVERS DEVELOPMENT DIRECTOR 35.00 X 108787 0 42603 MS EVELYN THOMPSON ADMINISTRATIVE DIRECTOR 35.00 X 104327 0 24494 MS LYA WESLEY COMMUNICATION DIRECTOR 35.00 X 100542 0 20329 MS EVELYN RIVERA MEMBERSHIP DIRECTOR 35.00 X 100429 0 24370 1312116 0 244968 9 0 1 0 0 435476 4300679 4736155 PROGRAM & LECTURE FEES 611710 550538 550538 MEMBERSHIP DUES 611710 394150 394150 JOBS CORNER REVENUE 541800 119475 119475 1064163 5061 5061 5805379 1064163 0 5061 X 1031203 568370 387723 75110 1555153 799519 305999 449635 32344 18030 14147 167 437142 246704 175544 14894 203097 112212 81792 9093 30000 30000 22876 22876 18360 18360 644726 554752 5341 84633 24425 11950 12475 49867 42226 7641 119057 82429 22628 14000 54196 2208 51988 203293 162744 33590 6959 839070 815983 23087 9588 6712 2876 DUES & SUBSCRIPTIONS 83957 63695 20044 218 REPAIRS & MAINTENANCE 26299 9288 17011 STAFF DEVELOPMENT 11105 8144 1161 1800 BAD DEBT EXPENSE 2800 2800 5398558 3504966 1206248 687344 12995625 14727080 1310700 1315761 4029669 2955216 93352 62200 29500 35311 24432 21735 18483278 19117303 207840 199781 349063 584326 556903 784107 X 4715594 7198906 13210781 11134290 17926375 18333196 18483278 19117303 406821 0 X X 0 1 X 1 0 X 3011325 1223328 8706954 12763655 4736155 30441417 3011325 1223328 8706954 12763655 4736155 30441417 8720833 21720584 2208 2836 2036 846 5061 12987 30454404 3834680 0.71320 0.63430 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X 5805379 0 5805379 0 5805379 5398558 0 5398558 0 5398558 PART X, LINE 2: THE ASSOCIATION RECOGNIZES THE EFFECT OF TAX POSITIONS WHEN THEY ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT IS NOT AWARE OF ANY VIOLATIONS OF ITS TAX STATUS AS AN ORGANIZATION EXEMPT FROM INCOME TAX, NOR OF ANY EXPOSURE TO UNRELATED BUSINESS INCOME TAX THAT WOULD REQUIRE DISCLOSURE AND/OR RECOGNITION IN THE FINANCIAL STATEMENTS. THE ASSOCIATION IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR PERIODS PRIOR TO 2019. X X X 1 SAAD&SHAW 715 HARBOR EDGE CIRCLE 102 MEMPHIS TN 38103 FUNDRAISING DEVELOPMENT AND CAMPAIGN CONSULTING 0 0 18360 18360 18360 18360 IN NY SCHEDULE G, PART I, LINE 2B, COLUMN (V) SAAD&SHAW WAS RETAINED TO PROVIDE FUNDRAISING COUNSEL, INCLUDING AND NOT LIMITED TO UPDATING AND REVISING CAMPAIGN PLAN AND DEVELOPING FUNDRAISING LEADERSHIP HANDBOOK. THE AGREEMENT PROVIDES FOR THE PAYMENT OF $1,530 PER MONTH WITH TOTAL FEE OF $18,360. TRAVEL AND OTHER RELATED EXPENSES ARE NOT INCLUDED IN THE MONTHLY COST AND WILL BE INVOICED SEPARATELY. X X X X X 0 0 0 0 0 0 0 0 0 MS SUSAN TAYLOR BATTEN PRESIDENT & CEO 253134 0 0 0 0 0 10329 0 36976 0 300439 0 0 0 MS MICHELL SPEIGHT CHIEF OF STAFF 167203 0 0 0 0 0 0 0 20457 0 187660 0 0 0 MR EDWARD JONES VP, PROGRAMS 159046 0 0 0 0 0 6362 0 20179 0 185587 0 0 0 MS JANET GUMBS VP FINANCE AND ADMIN THRU DEC 2022 151642 0 0 0 0 0 6066 0 20457 0 178165 0 0 0 MS TAHIRA CHRISTMON VP, EXTERNAL AFFAIRS 155386 0 0 0 0 0 6300 0 6046 0 167732 0 0 0 MR T'SHAWN RIVERS DEVELOPMENT DIRECTOR 108787 0 0 0 0 0 4399 0 38204 0 151390 0 0 0 FORM 990, BOX L, YEAR OF FORMATION: ABFE IS A RECOGNIZED 501(3)(C) NON-PROFIT ENTITY THAT WAS INITIALLY INCORPORATED IN 1971 IN THE STATE OF INDIANA, AND SUBSEQUENTLY REINCORPORATED IN 2023. PLEASE FIND ATTACHED THE UPDATED ARTICLES OF INCORPORATION. FORM 990, PART VI, SECTION A, LINE 4 ABFE IS A RECOGNIZED 501(3)(C) NON-PROFIT ENTITY THAT WAS INITIALLY INCORPORATED IN 1971 IN THE STATE OF INDIANA, AND SUBSEQUENTLY REINCORPORATED IN 2023. PLEASE FIND ATTACHED THE UPDATED ARTICLES OF INCORPORATION. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS THE FOLLOWING THREE CLASSES OF MEMBERSHIP: 1) INSTITUTIONAL, INCLUDING AN ENTITY PRIVATE, PUBLIC, COMMUNITY, FAMILY OR CORPORATE GRANTMAKING INSTITUTION OR A NONPROFIT ORGANIZATION OR CORPORATION PARTICIPATING AS A GRANTOR AND/OR INVESTOR IN BLACK COMMUNITIES; 2) INDIVIDUAL VOTING MEMBERS, INCLUDING CURRENT OR PAST DONOR, TRUSTEE OR STAFF OF AN ORGANIZATION ELIGIBLE; AND 3) INDIVIDUAL ASSOCIATE MEMBERS, INCLUDING INDIVIDUAL THAT SUPPORTS ABFE'S MISSION MAY BECOME AN ASSOCIATE MEMBER UPON APPLICATION AND PAYMENT OF DUES. FORM 990, PART VI, SECTION A, LINE 7A THE ELECTION OF THE BOARD OF DIRECTORS IS SUBJECT TO APPROVAL BY THE INDIVIDUAL VOTING MEMBERS. EACH YEAR AT ABFE'S ANNUAL MEMBERSHIP MEETING, A SLATE OF CANDIDATES TO SERVE ON ABFE'S BOARD IS ELECTED BY ELIGIBLE MEMBERS WITH VOTING PRIVILEGES, INCLUDING MEMBERS IN GOOD STANDING. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND HAS ESTABLISHED THE FOLLOWING REVIEW PROCESS TO ENSURE THAT THE INFORMATION REPORTED IS COMPLETE AND ACCURATE. WHEN THE FORM 990 HAS BEEN PREPARED, IT IS ELECTRONICALLY TRANSMITTED TO THE AUDIT COMMITTEE FOR REVIEW. IT IS THEN PROVIDED TO THE FULL BOARD OF DIRECTORS FOR REVIEW AND FEEDBACK. THE FEEDBACK IS REVIEWED AND ADDRESSED UNTIL THE RETURN IS FINALIZED AND APPROVED FOR FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ABFE HAS A CONFLICT OF INTEREST POLICY THAT APPLIES TO THE BOARD OF DIRECTORS AND OFFICERS. EACH MEMBER OF THE BOARD OF DIRECTORS MUST SIGN A CONFLICT OF INTEREST STATEMENT UPON BECOMING A BOARD MEMBER. IN ADDITION, SITTING BOARD MEMBERS AND OFFICERS MUST ANNUALLY SIGN THE CONFLICT OF INTEREST STATEMENT AND DISCLOSE ANY POTENTIAL OR ACTUAL CONFLICTS THAT MY EXIST FOR EACH YEAR THAT THEY ARE ON THE BOARD. BOARD MEMBERS ARE ALSO ASKED TO PRESENT ANY CONFLICT OF INTEREST DURING THEIR FIRST REGULAR BOARD MEETING OF THE YEAR. ANY CONFLICT OF INTEREST NOTED WILL BE REVIEWED BY THE PRESIDENT, CHAIR, AND OTHER MEMBERS OF THE BOARD OF DIRECTORS AND IS HANDLED ON A CASE-BY-CASE BASIS, WHICH IS RECORDED IN THE BOARD MEETING MINUTES. IF AN ACTUAL CONFLICT EXISTS, INTERESTED PARTY WILL BE NOTIFIED IMMEDIATELY AND WILL NOT BE ALLOWED TO VOTE OR BE A PART OF ANY DECISION ABOUT ANY SUCH TRANSACTIONS THAT HAVE TO DO WITH THE CONFLICT UNTIL SUCH TIME THERE IS NO LONGER A CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 THE SALARY RANGE FOR THE PRESIDENT & CEO WAS SET BY THE EXECUTIVE COMMITTEE BASED ON A SURVEY OF NONPROFIT EXECUTIVE SALARIES IN ORGANIZATIONS OF SIMILAR SIZE (BUDGET AND STAFF) IN THE NYC METROPOLITAN REGION. THE EXECUTIVE COMMITTEE'S ANNUAL ASSESSMENT OF THE PRESIDENT AND CEO'S PERFORMANCE IS USED TO DETERMINE SALARY ADJUSTMENTS. THEIR ASSESSMENT INCLUDES SALARY SURVEYS AND DATA FOR SIMILAR ORGANIZATIONS IN THE NONPROFIT SECTOR. COMPENSATION FOR OTHER OFFICER AND KEY EMPLOYEES IS DETERMINE BY THE PRESIDENT BASED ON INFORMATION PROVIDED BY THIRD-PARTY CONSULTANT, COMPENSATION PHILOSOPHY/POLICY, SALARY SURVEYS AND ETC. THE FINANCE COMMITTEE APPROVES THE COMPENSATION OF THE PRESIDENT & CEO, OTHER OFFICER, AND KEY EMPLOYEES THROUGH THE BUDGET PROCESS. THIS PROCESS WAS LAST UNDERTAKEN IN 2022. FORM 990, PART VI, SECTION C, LINE 19 ABFE MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE BY POSTING IT ON GUIDESTAR.ORG AND OTHER SIMILAR TYPES OF WEBSITES. IN ADDITION, FORM 990, AS WELL AS THE FINANCIAL STATEMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON WRITTEN REQUEST. FORM 990, PART IX, LINE 11G LEADERSHIP COACHING CONSULTING FEES: PROGRAM SERVICE EXPENSES 176,387. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 176,387. DEVELOPMENT CONSULTING FEES: PROGRAM SERVICE EXPENSES 1,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 30,000. TOTAL EXPENSES 31,000. PAYROLL SERVICE FEES: PROGRAM SERVICE EXPENSES 7,327. MANAGEMENT AND GENERAL EXPENSES 5,341. FUNDRAISING EXPENSES 593. TOTAL EXPENSES 13,261. HR SUPPORT SERVICES FEE/OTHER FEES: PROGRAM SERVICE EXPENSES 151,663. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 54,040. TOTAL EXPENSES 205,703. STRATEGIC/EVENT DEVELOPMENT MGMT: PROGRAM SERVICE EXPENSES 143,340. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 143,340. PROFESSIONAL RESEARCH SERVICES: PROGRAM SERVICE EXPENSES 75,035. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 75,035. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS AN AUDIT COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS DID NOT CHANGE FROM THE PRIOR YEAR.