Understood For All Inc
- Assets
- $85.2m
- Revenue
- $114.1m
- Investments
- $60.2m
- Employees
- 0
- Location
- New York, NY
- Founding
- 02/2019
- Data as of
- 12/2022
- EIN
- 83-2365235
Organization Overview
Understood For All Inc is located in New York, NY. The organization was established in 2019. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Understood For All Inc 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 12/2022, Understood For All Inc generated $114.1m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 45.8% each year . All expenses for the organization totaled $40.0m during the year ending 12/2022. While expenses have increased by 13.3% per year over the past 4 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE STATEMENT 17 FOR THE UNDERSTOOD FOR ALL NARRATIVE
SEE STATEMENT 17 FOR THE UNDERSTOOD FOR ALL NARRATIVE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Frederic M Poses Founder & CEO | 20 | $0 | |
Nancy Poses Chair & Secretary | 5 | $0 | |
Jacob Poses Treasurer | 2 | $0 | |
Kenneth DE Regt Board Member | 2 | $0 | |
Justin Gray Board Member | 2 | $0 | |
Mary Beth Gustafsson Board Member | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Good Apple Digital Llc | 12/30/22 | $3,721,204 |
Modern Logic Llc | 12/30/22 | $660,264 |
The Sway Group | 12/30/22 | $480,392 |
Worth Search | 12/30/22 | $411,417 |
Community Counselling Services Co Llc | 12/30/22 | $360,000 |
Good Apple Digital Llc | 12/30/22 | $3,721,204 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $112,337,083 |
| Interest on Savings | $61 |
| Dividends & Interest | $812,228 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$323,506 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,319,802 |
| Total Revenue | $114,145,668 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $651,502 |
| Other employee salaries and wages | $18,617,644 |
| Pension plans, employee benefits | $4,085,921 |
| Interest | $0 |
| Taxes | $35,431 |
| Depreciation | $483,457 |
| Occupancy | $1,310,836 |
| Travel, conferences, and meetings | $399,013 |
| Printing and publications | $25,887 |
| Other expenses | $13,268,223 |
| Total operating and administrative expenses | $39,965,547 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $39,965,547 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,447,725 |
| Savings and temporary cash investments | $7,836,607 |
| Net Accounts receivable | $477,985 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $153,241 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $3,089,141 |
| Other assets | $12,007,798 |
| Total assets | $85,211,160 |
| Accounts payable and accrued expenses | $2,265,627 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $12,847,489 |
| Total liabilities | $15,113,116 |