2025-11-12T10:54:46-06:00 2024-12-31 521392008 GELMAN ROSENBERG & FREEDMAN 4550 MONTGOMERY AVE SUITE 800N BETHESDA MD 208142930 990 2024-01-01 853008040 FOR THE LONG TERM FORT 4157416564 PO BOX 96503 PMB 65071 WASHINGTON DC 20090 DAVID WALLACK PRESIDENT 4157416564 2025-11-12 1 0 ELIZABETH W HELLER P00397829 3019519090 2024 2025-03-06 01:10:19Z DAVID WALLACK PO BOX 96503 PMB 65071 WASHINGTON DC 20090 1397741 0 X WWW.FORTHELONGTERM.ORG X 2020 DC SEE PART III, LINE 1. 6 5 8 0 0 0 1196505 1378349 15920 0 0 19392 0 0 1212425 1397741 0 0 0 0 654977 749305 96000 96000 338294 323225 570422 1074202 1415727 138223 -17986 1258580 1243458 8623 11487 1249957 1231971 X FOR THE LONG TERM'S (FTLT) MISSION IS TO HELP STATE, CITY, AND COUNTY PUBLIC FISCAL OFFICERS LEVERAGE THE POWER OF THEIR ROLES TO DELIVER SUSTAINABLE LONG-TERM GROWTH FOR THE BENEFIT OF THEIR PUBLIC BENEFICIARIES. 0 0 904824 0 PUBLIC FISCAL OFFICERS ARE GOVERNMENT OFFICIALS WHO PROVIDE PROFESSIONAL FINANCIAL MANAGEMENT AND ACCOUNTABILITY FOR A VARIETY OF PUBLIC FUNDS.THERE ARE A GROWING NUMBER OF 501(C)(3) ORGANIZATIONS WORKING TO HELP TRAIN AND ENCOURAGE PUBLIC FISCAL OFFICERS TO LEVERAGE THEIR POWER AS OWNERS, ISSUERS, FIDUCIARIES, AND CUSTOMERS TO INVEST IN WAYS THAT IMPROVE ENVIRONMENTAL AND SOCIAL OUTCOMES FOR THE PUBLIC. HOWEVER, EXISTING 501(C)(3) ORGANIZATIONS HAVE FACED CHALLENGES WORKING WITH THE PUBLIC FISCAL OFFICERS WHO SERVE AS FIDUCIARIES OF PUBLIC SECTOR INSTITUTIONS AND FUNDS. FIRST, PUBLIC FISCAL OFFICERS OPERATE WITHIN A BUREAUCRACY AND CANNOT REACT AS QUICKLY AND (CONTINUED ON SCHEDULE O) NEED A MORE PROACTIVE FRAME IN WHICH TO ENGAGE. SECOND, PUBLIC FISCAL OFFICERS ENTER AND LEAVE THEIR ROLES WITH GREATER FREQUENCY DUE TO RESTRICTIONS SUCH AS TERM LIMITS.PUBLIC FISCAL OFFICERS ALSO OFTEN ENTER GOVERNMENT WITH A LEARNING CURVE ABOUT THEIR RIGHTS AS AN OWNER AND THEIR RESPONSIBILITIES AS A PUBLIC FIDUCIARY, AND STATE AND LOCAL GOVERNMENTS OFTEN LACK ADEQUATE RESOURCES AND TOOLS NECESSARY TO FULL TRAIN AND ONBOARD THESE FISCAL OFFICERS. NONPROFIT ORGANIZATIONS HAVE A VITAL ROLE TO PLAY IN HELPING TO EDUCATE PUBLIC FISCAL OFFICERS, WHICH FREES UP CRITICAL STATE AND LOCAL GOVERNMENTAL RESOURCES FOR CORE GOVERNMENTAL FUNCTIONS. FISCAL OFFICERS ALSO NEED OUTSIDE GUIDANCE TO HELP THEM LEARN ABOUT THE NONPROFIT SUPPORT THAT IS AVAILABLE TO HELP THEM ACCELERATE THEIR DEVELOPMENT AS OWNERS AND FIDUCIARIES SO THAT THEY MAY ULTIMATELY LEVERAGE THEIR POWER AS OWNERS, ISSUERS, AND FIDUCIARIES TO BEST REPRESENT THE PUBLIC INTEREST.FTLT HAS HAS BEEN FORMED TO FILL THE CRITICAL NEED FOR A 501(C)(3) ORGANIZATION THAT SUPPORTS PUBLIC FISCAL OFFICERS IN MANAGING THE UNIQUE CHALLENGES THEY FACE IN INTERFACING WITH NONPROFIT ORGANIZATIONS, FOR THE BENEFIT OF THE MEMBERS OF THE PUBLIC WHO BENEFIT FROM THE PUBLIC FUNDS THAT FISCAL OFFICERS ARE CHARGED WITH OVERSEEING. 904824 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 8 0 1 8 1 0 0 0 0 0 0 0 0 0 0 0 0 X 6 5 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 0 0 CA FL IL MA NJ NY OR PA X DAVID WALLACK 4157416564 PO BOX 96503 PMB 65071 WASHINGTON DC 20090 DAVID WALLACK CHAIR/EXECUTIVE DIRECTOR 40.00 X X 239895 0 7440 JANET COWELL TREASURER 4.00 X X 0 0 0 NANCY KOPP BOARD MEMBER 4.00 X 0 0 0 DAVID POLLACK BOARD MEMBER (FROM 05/24) 4.00 X 0 0 0 MEREDITH MILLER BOARD MEMBER 4.00 X 0 0 0 RODRIGO GARCIA BOARD MEMBER 4.00 X 0 0 0 URIAH KING POLICY DIRECTOR 40.00 X 143090 0 7292 EMMA STUTZMAN OPERATIONS DIRECTOR 40.00 X 106854 0 7118 489839 0 21850 3 0 1 0 ZITHANDE LLC 12601 PENTENVILLE RD SILVER SPRING MD 20904 ECONOMIC POLICY & IMPACT CONSULTANT 130000 1 1378349 1378349 19392 19392 1397741 0 0 19392 X 247335 140306 33329 73700 422167 242983 53416 125768 30185 19614 1826 8745 49618 29744 5445 14429 3596 196 3400 63200 63200 96000 96000 345200 345200 10098 10098 5252 2893 2359 16366 1076 7523 7767 26217 23582 2635 87893 87397 496 2781 2781 PAYROLL PROCESSING FEES 6126 3533 1035 1558 DUES AND SUBSCRITIONS 2023 1095 928 REGISTRATION AND FILING 1670 233 1437 1415727 904824 172609 338294 1258580 902094 318492 18472 4400 1258580 1243458 8623 11487 8623 11487 X 1119618 1021971 130339 210000 1249957 1231971 1258580 1243458 -17986 0 X 0 1 X 1 0 X 225000 1498250 1196505 1378349 4298104 225000 1498250 1196505 1378349 4298104 2926525 1371579 19392 19392 4317496 85920 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1397741 0 1397741 0 1397741 1415727 0 1415727 0 1415727 X X 1 THRESHOLD GROUP INC 11 EAST 44TH STREET STE 300 NEW YORK NY 10017 FUNDRAISING 1 0 96000 -96000 96000 -96000 CA CO CT DC FL IL MA NJ NY OR PA WA X 0 0 0 0 0 0 0 0 0 DAVID WALLACK CHAIR/EXECUTIVE DIRECTOR 239895 0 0 0 0 0 0 0 7440 0 247335 0 0 0 URIAH KING POLICY DIRECTOR 143090 0 0 0 0 0 0 0 7292 0 150382 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE 990 SCHEDULES ARE PREPARED BY THE ACCOUNTANT AND ARE REVIEWED WITH THE ORGANIZATION EXECUTIVE DIRECTOR BEFORE SUBMISSION TO THE TAX PREPARER FOR PREPARATION OF DRAFT 990. THE DRAFT 990 IS THEN REVIEWED AND APPROVED BY THE EXECUTIVE DIRECTOR AND FILED BY THE TAX PREPARER. FORM 990, PART VI, SECTION B, LINE 12C AT THE BEGINNING OF THEIR TERM, AND ANNUALLY THEREAFTER, EVERY MEMBER, DIRECTOR, OFFICER, EMPLOYEE, AND ANY OTHER INTERESTED PERSON SIGNS A CONFLICT OF INTEREST DISCLOSURE STATEMENT. WHEN A POTENTIAL CONFLICT OF INTEREST IS DISCLOSED, THE BOARD OF DIRECTORS WILL PROVIDE THE INDIVIDUAL WITH AN OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS. THE BOARD WILL COLLECT ALL PERTINENT INFORMATION AND QUESTION THE INVOLVED PARTIES. IF IT TURNS OUT THAT A CONFLICT DOES NOT EXIST, THE INQUIRY WILL BE DOCUMENTED BUT NO FURTHER ACTION WILL BE TAKEN. IF THE BOARD DETERMINES THAT A CONFLICT OF INTEREST EXISTS, THEY WILL TAKE THE APPROPRIATE ACTIONS TO ADDRESS THE CONFLICT. THIS MAY INCLUDE (BUT NOT BE LIMITED TO): (A) PROHIBITING ANY INTERESTED PARTIES FROM VOTING ON ANY MATTER RELATED TO SAID CONFLICT OF INTEREST OR (B) TERMINATING EMPLOYMENT WITH FOR THE LONG TERM. AFFECTED PARTIES BOTH WITHIN AND OUTSIDE OF FOR THE LONG TERM, INCLUDING SHAREHOLDERS, DIRECTORS, EMPLOYEES, AND INDEPENDENT CONTRACTORS, WILL BE NOTIFIED. IF THE CONFLICT OF INTEREST IN QUESTION INVOLVES A MEMBER OF THE BOARD, THAT INDIVIDUAL WILL BE EXCUSED FROM DELIBERATIONS. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD REVIEWS AND APPROVES THE EXECUTIVE DIRECTOR'S COMPENSATION BASED ON COMPARABLE DATA OF SIMILAR SIZED ORGANIZATIONS WITHIN THE INDUSTRY. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, FINANCIAL STATEMENTS, AND CONFLICT OF INTEREST POLICY AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G POLICY CONSULTANTS: PROGRAM SERVICE EXPENSES 255,200. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 255,200. OTHER CONSULTANTS: PROGRAM SERVICE EXPENSES 90,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 90,000.