Professional Services Council Foundation is located in Arlington, VA. The organization was established in 1982. According to its NTEE Classification (U40) the organization is classified as: Engineering & Technology, under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Professional Services Council Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SUPPORTS EDUCATIONAL PROGRAMS, RESEARCH & INSTRUCTIONAL ACTIVITIES TOGETHER WITH THE COUNCIL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PROFESSIONAL SERVICES COUNCIL FOUNDATION (THE FOUNDATION) CONTINUED ITS PROGRAMMING JOINTLY WITH ITS SUPPORTING ORGANIZATION, THE PROFESSIONAL SERVICES COUNCIL, INC. (THE COUNCIL), INCLUDING THE VISION FORECAST CONFERENCE AND THE STRATEGIC PLANNING CONFERENCE.
THE FOUNDATION PROVIDES THREE SERVICE CONTRACTOR ACT TRAINING SESSIONS PER YEAR. THESE SESSIONS PROVIDE GUIDANCE ON HOW TO CONTRACT WITH AND HOW TO STAY IN COMPLIANCE WITH THE FEDERAL GOVERNMENT'S RULES AND REGULATIONS. THESE SESSIONS WERE ATTENDED BY OVER 120 REGISTRANTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
David J Berteau President And CEO | OfficerTrustee | 1 | $20,055 |
Stephanie Kostro Executive Vice President | OfficerTrustee | 1 | $10,172 |
Carey Smith Director | Trustee | 1 | $0 |
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 | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $392,355 |
Investment income | $0 |
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 | $392,355 |
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. | $31,498 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $192,355 |
Pension plan accruals and contributions | $7,510 |
Other employee benefits | $43,578 |
Payroll taxes | $10,005 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $3,224 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $30,650 |
Advertising and promotion | $50,526 |
Office expenses | $1,622 |
Information technology | $25,822 |
Royalties | $0 |
Occupancy | $33,040 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $2,527 |
All other expenses | $0 |
Total functional expenses | $490,294 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $60,250 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
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 | $1,381 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $61,631 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
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 | $860,371 |
Total liabilities | $860,371 |
Net assets without donor restrictions | -$835,993 |
Net assets with donor restrictions | $37,253 |
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 | $61,631 |
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