Harwood Institute For Public Innovation
- Assets
- $1.2m
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 7
- Location
- Bethesda, MD
- Founding
- 06/1997
- Data as of
- 12/2021
- EIN
- 31-1510297
Organization Overview
Harwood Institute For Public Innovation is located in Bethesda, MD. The organization was established in 1997. According to its NTEE Classification (S01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Harwood Institute For Public Innovation employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Harwood Institute For Public Innovation 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, Harwood Institute For Public Innovation generated $1.5m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.3%) each year. All expenses for the organization totaled $1.1m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (5.1%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SEE PART III, LINE 1.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMUNITY PROGRAMS: HARWOOD WORKS WITH LOCAL PARTNERS ACROSS THE COUNTRY TO BUILD MORE EQUITABLE, INCLUSIVE AND HOPEFUL COMMUNITIES ROOTED IN A CULTURE OF SHARED RESPONSIBILITY WHERE COMMUNITY IS A COMMON ENTERPRISE. THIS WORK HELPS COMMUNITIES COME TOGETHER TO STRENGTHEN THEIR CIVIC CULTURE WHILE EFFECTIVELY ADDRESSING SOCIETY'S GROWING FAULT LINES.
CONVENINGS AND TRAININGS: THROUGH VARIOUS CONVENINGS AND TRAININGS, HARWOOD TEACHES PEOPLE HOW TO TURN OUTWARD AND TO UNLEASH A CHAIN REACTION OF ACTIONS TO CATALYZE CHANGE IN THEIR COMMUNITIES.
RESEARCH PROGRAMS: HARWOOD CONDUCTS VARIOUS RESEARCH PROGRAMS TO UNEARTH HOW COMMUNITIES AND THE COUNTRY ARE AFFECTED BY PREVAILING CONDITIONS, AS WELL AS HOW PEOPLE ARE DEALING WITH AND RESPONDING TO CHALLENGES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Harwood President | OfficerTrustee | 60 | $276,675 |
Forrest Moore Chairman | OfficerTrustee | 0.4 | $0 |
Beverly Schwartz Secretary | OfficerTrustee | 0.4 | $0 |
Guardie E Banister Jr Treasurer | OfficerTrustee | 0.4 | $0 |
Sharon Orlopp Director | Trustee | 0.4 | $0 |
David Seleb Director | Trustee | 0.4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $293,298 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,023,340 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,316,638 |
| Total Program Service Revenue | $152,120 |
| Investment income | $2,516 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,471,274 |
| 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. | $292,028 |
| Compensation of current officers, directors, key employees. | $24,927 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $294,620 |
| Pension plan accruals and contributions | $3,665 |
| Other employee benefits | $41,649 |
| Payroll taxes | $32,190 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $71,954 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $181,502 |
| Advertising and promotion | $4,785 |
| Office expenses | $65,675 |
| Information technology | $20,816 |
| Royalties | $0 |
| Occupancy | $98,567 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,037 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,462 |
| Insurance | $8,497 |
| All other expenses | $1,977 |
| Total functional expenses | $1,149,673 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $114,291 |
| Savings and temporary cash investments | $911,023 |
| Pledges and grants receivable | $82,151 |
| Accounts receivable, net | $71,349 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $20,384 |
| Prepaid expenses and deferred charges | $13,574 |
| Net Land, buildings, and equipment | $2,989 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,567 |
| Total assets | $1,218,328 |
| Accounts payable and accrued expenses | $77,858 |
| Grants payable | $0 |
| Deferred revenue | $305,691 |
| 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 | $2,022 |
| Total liabilities | $385,571 |
| Net assets without donor restrictions | $693,989 |
| Net assets with donor restrictions | $138,768 |
| 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 | $1,218,328 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Harwood Institute For Public Innovation has recieved totaling $557,784.
| Awarding Organization | Amount |
|---|---|
Walton Family Foundation Inc Bentonville, AR PURPOSE: TO SUPPORT THEIR EFFORTS TO SUPPORT COMMUNITY-DRIVEN CHANGE IN UP TO THREE UNIQUE COMMUNITIES. | $545,454 |
Walton Family Foundation Inc Bentonville, AR PURPOSE: TO JOIN THE INAUGURAL PHILANTHROPY LEADERSHIP CIRCLE. | $10,340 |
The Greater Clark Foundation Inc Winchester, KY PURPOSE: SPRING 2021 VIRTUAL LAB | $1,990 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Philadelphia Convention & Visitors Bureau Of The Chamber Of Commerce Philadelphia, PA | $21,636,489 | $20,955,897 |
Williamsburg Area Chamber Of Commerce Williamsburg, VA | $14,757,466 | $13,076,106 |
House Majority Forward Washington, DC | $4,051,593 | $12,002,258 |
The Chamber Of Commerce For Greater Philadelphia Philadelphia, PA | $17,253,411 | $11,743,354 |
Naiop Inc Herndon, VA | $24,051,800 | $11,820,157 |
Association Of Small Business Development Centers Burke, VA | $3,386,085 | $9,990,521 |
Real Estate Roundtable Inc Washington, DC | $4,544,529 | $7,445,927 |
American Seed Trade Association Alexandria, VA | $7,353,007 | $6,785,185 |
Virginia Association Of Realtors Richmond, VA | $25,601,642 | $9,283,805 |
Professional Services Council Inc Arlington, VA | $6,239,213 | $6,315,119 |
US Chamber Litigation Center Washington, DC | $0 | $3,618,584 |
Information Technology Andinnovation Foundation Washington, DC | $12,416,644 | $7,013,255 |