Candid
- Assets
- $100.2m
- Revenue
- $43.2m
- Investments
- $0.0
- Employees
- 230
- Location
- New York, NY
- Founding
- 06/1957
- Data as of
- 12/2023
- EIN
- 13-1837418
Organization Overview
Candid is located in New York, NY. The organization was established in 1957. According to its NTEE Classification (T50) the organization is classified as: Philanthropy, Charity & Voluntarism Promotion, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2023, Candid employed 230 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Candid is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Candid generated $43.2m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.9% each year. All expenses for the organization totaled $36.0m during the year ending 12/2023. While expenses have increased by 3.4% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
CANDID GETS YOU THE INFORMATION YOU NEED TO DO GOOD.
Describe the Organization's Program Activity:
SEE SCHEDULE O - FOR NARRATIVE ON PRODUCTS
SEE SCHEDULE O - FOR NARRATIVE ON PUBLIC INTEREST AND OTHER PROGRAMS
SEE SCHEDULE O - FOR NARRATIVE ON DATA COLLECTION AND ANALYSIS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rhett N Mabry Chair | OfficerTrustee | 1 | $0 |
Melissa Berman Vice Chair | OfficerTrustee | 1 | $0 |
Brian Trelstad Treasurer | OfficerTrustee | 1 | $0 |
Ana Marie Argilagos Trustee | Trustee | 1 | $0 |
Esther T Benjamin Trustee | Trustee | 1 | $0 |
Kami Dar Trustee | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Vention Solutions Inc Software Development Consulting | 12/30/23 | $810,008 |
Itechart Group Inc Software Development Consulting | 12/30/23 | $712,116 |
Bas Consulting Group Llc Finance Consulting | 12/30/23 | $246,000 |
Daniel J Edelman Inc Website Maintenance Consulting | 12/30/23 | $235,401 |
Rsm Us Llp Finance Consulting | 12/30/23 | $229,691 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $8,769,879 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,769,879 |
| Total Program Service Revenue | $33,025,623 |
| Investment income | $1,539,159 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $24,248 |
| Net Gain/Loss on Asset Sales | -$572,831 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $43,212,468 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,377,591 |
| Compensation of current officers, directors, key employees. | $238,965 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $15,119,026 |
| Pension plan accruals and contributions | $1,251,605 |
| Other employee benefits | $2,148,749 |
| Payroll taxes | $1,142,619 |
| Fees for services: Management | $214,931 |
| Fees for services: Legal | $229,209 |
| Fees for services: Accounting | $53,800 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $172,631 |
| Fees for services: Other | $265,444 |
| Advertising and promotion | $831,861 |
| Office expenses | $1,242,190 |
| Information technology | $6,365,635 |
| Royalties | $0 |
| Occupancy | $1,972,552 |
| Travel | $870,047 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $82,551 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,081,461 |
| Insurance | $204,298 |
| All other expenses | $0 |
| Total functional expenses | $36,022,947 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,501,125 |
| Savings and temporary cash investments | $12,868,829 |
| Pledges and grants receivable | $2,891,599 |
| Accounts receivable, net | $1,650,992 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $576,607 |
| Net Land, buildings, and equipment | $17,404,010 |
| Investments—publicly traded securities | $51,180,328 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $10,104,262 |
| Total assets | $100,177,752 |
| Accounts payable and accrued expenses | $1,960,826 |
| Grants payable | $0 |
| Deferred revenue | $14,783,564 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $13,850,474 |
| Total liabilities | $30,594,864 |
| Net assets without donor restrictions | $58,724,942 |
| Net assets with donor restrictions | $10,857,946 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $100,177,752 |