Candid
- Assets
- $88.0m
- Revenue
- $55.2m
- Investments
- $49.0m
- Employees
- 261
- Location
- New York, NY
- Founding
- 06/1957
- Data as of
- 12/2021
- 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 12/2021, Candid employed 261 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 12/2021, Candid generated $55.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.7% each year . All expenses for the organization totaled $43.7m during the year ending 12/2021. While expenses have increased by 6.9% per year over the past 7 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
2021
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 DATA COLLECTION AND PUBLICATIONS
SEE SCHEDULE O - FOR NARRATIVE ON LIBRARY/LEARNING CENTERS AND OTHER PUBLIC SERVICES
SEE SCHEDULE O - FOR NARRATIVE ON RESEARCH AND OTHER PROGRAMS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bradford K Smith President, Thru 12/31/21 | Officer | 50 | $555,907 |
Jacob K Garcia VP Of Products | Officer | 50 | $301,930 |
Punit Kohli VP Of Finance | Officer | 50 | $265,325 |
James Dobrzeniecki Senior Advisor, Thru 12/31/21 | 50 | $254,368 | |
Mitch Nauffts Publisher Editorial Dir. Of Pnd Thru 05/21 | 50 | $249,737 | |
Tracy L Waksler Sr. Dir. Of Products | 50 | $249,096 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Itech Art Group It Consulting | 12/30/21 | $835,960 |
Drivendata Inc It Consulting | 12/30/21 | $490,000 |
Lightful Development Consulting | 12/30/21 | $312,474 |
Acumen Solution Inc It Consulting | 12/30/21 | $462,508 |
Daniel J Edelman Inc Web Consulting | 12/30/21 | $374,540 |
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 | $23,672,424 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $23,672,424 |
| Total Program Service Revenue | $31,034,819 |
| Investment income | $1,873 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $33,405 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $55,202,801 |
| 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. | $2,667,941 |
| Compensation of current officers, directors, key employees. | $447,536 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $19,668,063 |
| Pension plan accruals and contributions | $1,270,089 |
| Other employee benefits | $2,891,131 |
| Payroll taxes | $1,641,243 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $526,751 |
| Fees for services: Accounting | $269,489 |
| Fees for services: Lobbying | $57,013 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $79,751 |
| Fees for services: Other | $1,813,860 |
| Advertising and promotion | $803,418 |
| Office expenses | $951,758 |
| Information technology | $4,347,779 |
| Royalties | $0 |
| Occupancy | $2,562,676 |
| Travel | $138,669 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $15,765 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,479,750 |
| Insurance | $131,753 |
| All other expenses | $0 |
| Total functional expenses | $43,747,758 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,843,402 |
| Savings and temporary cash investments | $21,547,354 |
| Pledges and grants receivable | $897,882 |
| Accounts receivable, net | $2,360,556 |
| 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 | $547,603 |
| Net Land, buildings, and equipment | $10,768,050 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $49,041,191 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $88,006,038 |
| Accounts payable and accrued expenses | $3,458,679 |
| Grants payable | $0 |
| Deferred revenue | $13,271,662 |
| 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 | $4,698,334 |
| Total liabilities | $21,428,675 |
| Net assets without donor restrictions | $58,417,640 |
| Net assets with donor restrictions | $8,159,723 |
| 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 | $88,006,038 |
Grants Recieved
Over the last fiscal year, we have identified 111 grants that Candid has recieved totaling $4,808,185.
| Awarding Organization | Amount |
|---|---|
Bloomberg Family Foundation Inc New York, NY PURPOSE: GENERAL SUPPORT | $1,000,000 |
Andrew W Mellon Foundation New York, NY PURPOSE: TO SUPPORT THE INTEGRATION OF THE FOUNDATION CENTER AND GUIDESTAR USA, INC. | $750,000 |
Annie E Casey Foundation Baltimore, MD PURPOSE: PROVIDE GENERAL OPERATING SUPPORT | $250,000 |
Borealis Philanthropy Minneapolis, MN PURPOSE: TO SUPPORT THE WORK OF FOUNDATION CENTER | $250,000 |
David And Lucile Packard Foundation Los Altos, CA PURPOSE: PHILANTHROPY | $200,000 |
Robert W Woodruff Foundation Inc Atlanta, GA PURPOSE: SUPPORT OF CANDID'S ATLANTA OFFICE. | $200,000 |
Endowment Analysis
| Beg. Balance | $18,729,532 |
| Earnings | $3,979,318 |
| Ending Balance | $22,708,850 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Grantham Foundation For The Protection Of The Environment Boston, MA | $585,096,833 | $210,457,800 |
Candid New York, NY | $88,006,038 | $55,202,801 |
Forsyth Dental Infirmary For Children Cambridge, MA | $46,427,599 | $15,162,236 |
Npt Charitable Asset Tr Jenkintown, PA | $16,456,984 | $30,273,580 |
Fund For The Public Interest Inc Boston, MA | $38,723,767 | $15,827,211 |
Rofeh Cholim Cancer Society Inc Brooklyn, NY | $24,523,868 | $22,653,682 |
Person To Person Inc Darien, CT | $8,508,315 | $15,004,932 |
Peter Schub Foundation New York, NY | $153,451 | $8,498,000 |
Queens College Special Projects Fund Inc Flushing, NY | $53,656,603 | $7,071,081 |
Global Impact Investing Network Inc New York, NY | $6,619,298 | $6,380,097 |
Fannie E Rippel Foundation Morristown, NJ | $0 | $6,091,281 |
Concrete Foundation Inc Craftsbury Common, VT | $101,088,945 | $16,269,821 |