Attach to Form 990 or Form 990-EZ.
Go to
www.irs.gov/Form990 for instructions and the latest information.
| (i) Name of supported organization | (ii) EIN | (iii) Type of organization (described on lines 1- 10 above (see instructions)) | (iv) Is the organization listed in your governing document? | (v) Amount of monetary support (see instructions) | (vi) Amount of other support (see instructions) | |
|---|---|---|---|---|---|---|
| Yes | No | |||||
|
Total |
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Calendar year (or fiscal year beginning in) ![]() |
(a) 2016 | (b) 2017 | (c) 2018 | (d) 2019 | (e) 2020 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grant.") .. | ||||||
| 2 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf.... | ||||||
| 3 | The value of services or facilities furnished by a governmental unit to the organization without charge.. | ||||||
| 4 | Total. Add lines 1 through 3 | ||||||
| 5 | The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included on line 1 that exceeds 2% of the amount shown on line 11, column (f).. | ||||||
| 6 | Public support. Subtract line 5 from line 4. | ||||||
Calendar year
(or fiscal year beginning in) ![]() |
(a) 2016 | (b) 2017 | (c) 2018 | (d) 2019 | (e) 2020 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 7 | Amounts from line 4.. | ||||||
| 8 | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources... | ||||||
| 9 | Net income from unrelated business activities, whether or not the business is regularly carried on.. | ||||||
| 10 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.).. | ||||||
| 11 | Total support. Add lines 7 through 10 | ||||||
Calendar year (or fiscal year beginning in) ![]() |
(a) 2016 | (b) 2017 | (c) 2018 | (d) 2019 | (e) 2020 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") . | 21,602 | 34,300 | 1,000 | 20,000 | 76,902 | |
| 2 | Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose | 12,597,950 | 14,086,798 | 16,372,999 | 18,452,707 | 14,582,236 | 76,092,690 |
| 3 | Gross receipts from activities that are not an unrelated trade or business under section 513 ..... | ||||||
| 4 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf... | ||||||
| 5 | The value of services or facilities furnished by a governmental unit to the organization without charge | ||||||
| 6 | Total. Add lines 1 through 5 | 12,619,552 | 14,121,098 | 16,373,999 | 18,452,707 | 14,602,236 | 76,169,592 |
| 7a | Amounts included on lines 1, 2, and 3 received from disqualified persons | 0 | |||||
| b | Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year. | 0 | |||||
| c | Add lines 7a and 7b.. | 0 | |||||
| 8 | Public support. (Subtract line 7c from line 6.) | 76,169,592 | |||||
Calendar year (or fiscal year beginning in) ![]() |
(a) 2016 | (b) 2017 | (c) 2018 | (d) 2019 | (e) 2020 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 9 | Amounts from line 6... | 12,619,552 | 14,121,098 | 16,373,999 | 18,452,707 | 14,602,236 | 76,169,592 |
| 10a | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources.. | 132,282 | 280,746 | 466,239 | 369,051 | 214,460 | 1,462,778 |
| b | Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975. | ||||||
| c | Add lines 10a and 10b. | 132,282 | 280,746 | 466,239 | 369,051 | 214,460 | 1,462,778 |
| 11 | Net income from unrelated business activities not included in line 10b, whether or not the business is regularly carried on. | ||||||
| 12 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.) .. | 37,676 | 11,273 | 11,725 | 15,000 | 52,400 | 128,074 |
| 13 | Total support. (Add lines 9, 10c, 11, and 12.).. | 12,789,510 | 14,413,117 | 16,851,963 | 18,836,758 | 14,869,096 | 77,760,444 |
| Section A - Adjusted Net Income | (A) Prior Year |
(B) Current Year (optional) |
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| 1 | Net short-term capital gain | 1 | ||||
| 2 | Recoveries of prior-year distributions | 2 | ||||
| 3 | Other gross income (see instructions) | 3 | ||||
| 4 | Add lines 1 through 3 | 4 | ||||
| 5 | Depreciation and depletion | 5 | ||||
| 6 | Portion of operating expenses paid or incurred for production or collection of gross income or for management, conservation, or maintenance of property held for production of income (see instructions) | 6 | ||||
| 7 | Other expenses (see instructions) | 7 | ||||
| 8 | Adjusted Net Income (subtract lines 5, 6 and 7 from line 4) | 8 | ||||
| Section B - Minimum Asset Amount | (A) Prior Year |
(B) Current Year (optional) |
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| 1 | Aggregate fair market value of all non-exempt-use assets (see instructions for short tax year or assets held for part of year): | 1 | ||||
| a | Average monthly value of securities | 1a | ||||
| b | Average monthly cash balances | 1b | ||||
| c | Fair market value of other non-exempt-use assets | 1c | ||||
| d | Total (add lines 1a, 1b, and 1c) | 1d | ||||
| e |
Discount claimed for blockage or other factors (explain in detail in Part VI): |
|||||
| 2 | Acquisition indebtedness applicable to non-exempt use assets | 2 | ||||
| 3 | Subtract line 2 from line 1d | 3 | ||||
| 4 | Cash deemed held for exempt use. Enter 0.015 of line 3 (for greater amount, see instructions). | 4 | ||||
| 5 | Net value of non-exempt-use assets (subtract line 4 from line 3) | 5 | ||||
| 6 | Multiply line 5 by 0.035 | 6 | ||||
| 7 | Recoveries of prior-year distributions | 7 | ||||
| 8 | Minimum Asset Amount (add line 7 to line 6) | 8 | ||||
| Section C - Distributable Amount | Current Year | |||||
| 1 | Adjusted net income for prior year (from Section A, line 8, Column A) | 1 | ||||
| 2 | Enter 85% of line 1 | 2 | ||||
| 3 | Minimum asset amount for prior year (from Section B, line 8, Column A) | 3 | ||||
| 4 | Enter greater of line 2 or line 3 | 4 | ||||
| 5 | Income tax imposed in prior year | 5 | ||||
| 6 | Distributable Amount. Subtract line 5 from line 4, unless subject to emergency temporary reduction (see instructions) | 6 | ||||
| Section D - Distributions | Current Year | |
|---|---|---|
| 1 Amounts paid to supported organizations to accomplish exempt purposes | 1 | |
|
2
Amounts paid to perform activity that directly furthers exempt purposes of supported organizations, in excess of income from activity |
2 | |
| 3 Administrative expenses paid to accomplish exempt purposes of supported organizations | 3 | |
| 4 Amounts paid to acquire exempt-use assets | 4 | |
| 5 Qualified set-aside amounts (prior IRS approval required - provide details in Part VI) | 5 | |
| 6 Other distributions (describe in Part VI). See instructions | 6 | |
| 7Total annual distributions. Add lines 1 through 6. | 7 | |
|
8
Distributions to attentive supported organizations to which the organization is responsive (provide details in Part VI). See instructions |
8 | |
| 9 Distributable amount for 2020 from Section C, line 6 | 9 | |
| 10 Line 8 amount divided by Line 9 amount | 10 | |
| Section E - Distribution Allocations (see instructions) |
(i) Excess Distributions |
(ii) Underdistributions Pre-2020 |
(iii) Distributable Amount for 2020 |
|
|---|---|---|---|---|
| 1 Distributable amount for 2020 from Section C, line 6 | ||||
|
2
Underdistributions, if any, for years prior to 2019 (reasonable cause required-- explain in Part VI). See instructions. |
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| 3 Excess distributions carryover, if any, to 2020: | ||||
| a From 2015....... | ||||
| b From 2016....... | ||||
| c From 2017....... | ||||
| d From 2018....... | ||||
| e From 2019....... | ||||
| fTotal of lines 3a through e | ||||
| g Applied to underdistributions of prior years | ||||
| h Applied to 2020 distributable amount | ||||
|
i
Carryover from 2015 not applied (see instructions) |
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| j Remainder. Subtract lines 3g, 3h, and 3i from line 3f. | ||||
| 4Distributions for 2020 from Section D, line 7: | ||||
| $ | ||||
| a Applied to underdistributions of prior years | ||||
| b Applied to 2020 distributable amount | ||||
| c Remainder. Subtract lines 4a and 4b from line 4. | ||||
|
5
Remaining underdistributions for years prior to 2020, if any. Subtract lines 3g and 4a from line 2. If the amount is greater than zero, explain in Part VI. See instructions. |
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|
6
Remaining underdistributions for 2020. Subtract lines 3h and 4b from line 1. If the amount is greater than zero, explain in Part VI. See instructions. |
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|
7 Excess distributions carryover to 2021. Add lines 3j and 4c. |
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| 8 Breakdown of line 7: | ||||
| a Excess from 2016..... | ||||
| b Excess from 2017..... | ||||
| c Excess from 2018..... | ||||
| d Excess from 2019..... | ||||
| e Excess from 2020..... | ||||
| Facts And Circumstances Test |
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| Return Reference | Explanation |
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| Software ID: | |
| Software Version: |
Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.
| Return Reference | Explanation |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11B | THE BOARD OF TRUSTEES DELEGATED TO THE AUDIT COMMITTEE THE RESPONSIBILITY TO REVIEW THE FORM 990 BEFORE IT IS FILED. EACH MEMBER OF THE AUDIT COMMITTEE REVIEWS THE DRAFT FORM 990 WHICH IS PREPARED UNDER THE DIRECTION OF THE ORGANIZATION'S CHIEF FINANCIAL OFFICER. THE AUDIT COMMITTEE THEN MEETS AS A GROUP TO DISCUSS THE DRAFT FORM 990. THE PRESIDENT AND CHIEF EXECUTIVE OFFICER (CEO), THE CHIEF FINANCIAL OFFICER, CGFNS' INDEPENDENT AUDITOR, AND THE GENERAL COUNSEL ATTEND THE MEETING TO ANSWER QUESTIONS POSED BY MEMBERS OF THE AUDIT COMMITTEE. BASED UPON THEIR REVIEW AND ANSWERS TO ANY QUESTIONS POSED, THE AUDIT COMMITTEE MAY (OR MAY NOT) RECOMMEND THAT AMENDMENTS TO THE DRAFT FORM 990 BE MADE. THE DRAFT FORM 990 IS PROVIDED TO ALL TRUSTEES FOR THEIR REVIEW AND COMMENT VIA THE BOARD OF TRUSTEES' SECURE WEBSITE. AT THE NEXT SCHEDULED MEETING OF THE BOARD OF TRUSTEES, THE AUDIT COMMITTEE CHAIR REPORTS ON THE AUDIT COMMITTEE'S REVIEW OF THE DRAFT FORM 990 AND ANY AMENDMENTS RECOMMENDED BY THE COMMITTEE. |
| FORM 990, PART VI, SECTION B, LINE 12C | PURSUANT TO THE ORGANIZATION'S CONFLICT OF INTEREST POLICY, ON AN ANNUAL BASIS MEMBERS OF THE BOARD OF TRUSTEES AND THE CEO ARE REQUIRED TO COMPLETE A CONFLICT OF INTEREST QUESTIONNAIRE AND SUBMIT IT TO THE BOARD CHAIR. ANY IDENTIFIED CONFLICTS ARE REVIEWED BY THE BOARD AND THE GENERAL COUNSEL AND APPROPRIATE ACTION IS TAKEN. APPROPRIATE ACTION MAY RANGE FROM REQUIRING THE TRUSTEE TO RECUSE HIMSELF OR HERSELF FROM ANY DISCUSSION AND VOTE CONCERNNG THE IDENTIFIED CONFLICT, UP TO AND INCLUDING REQUIRING THE TRUSTEE TO RESIGN FROM THE BOARD DUE TO THE IDENTIFIED CONFLICT. IF A CONFLICT ARISES DURING THE YEAR, THE TRUSTEE OR CEO IS REQUIRED TO CONTACT THE BOARD CHAIR AND THE GENERAL COUNSEL. IF REQUIRED, THE BOARD CHAIR MAY CALL AN EXECUTIVE COMMITTEE MEETING TO REVIEW THE IDENTIFIED CONFLICT, AND TAKE ANY REQUIRED ACTION. ALSO, AT EACH ORIENTATION OF NEW BOARD AND COMMITTEE MEMBERS AND ANNUALLY AT A BOARD OF TRUSTEES MEETING THE GENERAL COUNSEL MAKES A PRESENTATION CONCERNING THE CONFLICT OF INTEREST POLICY. OTHER OFFICERS AND KEY EMPLOYEES ARE REQUIRED TO COMPLETE THE SAME CONFLICT OF INTEREST QUESTIONNAIRE AS THE BOARD MEMBERS AND SUBMIT IT TO THE CEO. IF CONFLICTS ARE IDENTIFIED DURING THE YEAR, THE OTHER OFFICERS AND KEY EMPLOYEES ARE REQUIRED TO CONTACT THE CEO TO DISCUSS THE CONFLICT. THE CEO MAY CONSULT WITH THE GENERAL COUNSEL TO DETERMINE APPROPRIATE ACTION, RANGING FROM NO ACTION TO REQUIRING RESIGNATION FROM THE ORGANIZATION DUE TO THE CONFLICT OF INTEREST. |
| FORM 990, PART VI, SECTION B, LINE 15 | LINE 15A: DURING THE FOURTH QUARTER OF EACH YEAR, THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES MEETS WITH THE CEO TO ESTABLISH ANNUAL PRIORITIES AND GOALS, BASED UPON THE STRATEGIC PLAN, FOR THE UPCOMING YEAR. THESE PRIORITIES AND GOALS ARE INCORPORATED INTO THE CEO'S INCENTIVE COMPENSATION. AN ANNUAL SELF-EVALUATION IS SUBMITTED BY CEO TO THE EXECUTIVE COMMITTEE DURING THE FIRST QUARTER OF THE YEAR THAT INCLUDES A MEASUREMENT OF ATTAINMENT OF THE PRIOR YEAR'S PRIORITIES AND GOALS. COMPARABILITIY COMPENSATION INFORMATION BASED UPON A SURVEY BY AN INDEPENDENT EXTERNAL CONSULTANT AND THE CEO'S CURRENT COMPENSATION ARE ALSO PROVIDED TO THE EXECUTIVE COMMITTEE. EACH MEMBER OF THE EXECUTIVE COMMITTEE REVIEWS THE INFORMATION PROVIDED AND THEN MEETS AS A COMMITTEE TO DISCUSS THE CEO'S SELF-EVALUATION, PERFORMANCE MEASURED AGAINST THE ESTABLISHED PRIORITIES AND GOALS, COMPARABILITY COMPENSATION INFORMATION, AND THE CEO'S CURRENT COMPENSATION. BASED UPON THEIR REVIEW, A RECOMMENDATION FOR AN INCENTIVE COMPENSATION AWARD AND AN ADJUSTMENT (OR NO ADJUSTMENT) TO THE CEO'S COMPENSATION IS MADE TO THE BOARD OF TRUSTEES. THE BOARD OF TRUSTEES ENTERTAINS THE EXECUTIVE COMMITTEE'S RECOMMENDATION AND TAKES BOARD ACTION THROUGH A VOTE. BASED UPON THAT VOTE, A LETTER IS DRAFTED BY THE SECRETARY OF THE BOARD OF TRUSTEES AND SENT TO THE HUMAN RESOURCES DIRECTOR INDICATING THE APPROVED ACTION BY THE BOARD OF TRUSTEES. ANY INCENTIVE COMPENSATION AWARDS OR ADJUSTMENTS TO THE CEO'S COMPENSATION ARE MADE AT THAT TIME. LINE 15B: THROUGH THE BUDGET PROCESS AN AGGREGATE SALARY ADJUSTMENT IS APPROVED BY THE BOARD OF TRUSTEES FOR THE OTHER OFFICERS AND KEY EMPLOYEES, AS WELL AS FOR ALL OTHER EMPLOYEES. BIANNUALLY, THE HUMAN RESOURCE DIRECTOR REVIEWS COMPENSATION, JOB DESCRIPTIONS AND GRADE LEVELS IN ORDER TO ESTABLISH CURRENCY AND COMPETITIVENESS IN THE MARKETPLACE. SALARY SURVEY DATA IS OBTAINED FROM SEVERAL SOURCES ON AN ANNUAL BASIS. PERIODICALLY A SALARY SURVEY IS CONDUCTED BY AN OUTSIDE CONSULTANT. |
| FORM 990, PART VI, SECTION C, LINE 19 | CGFNS IS REGISTERED WITH THE COMMONWEALTH OF PENNSYLVANIA TO SOLICIT CONTRIBUTIONS AND ACCORDINGLY, THE ORGANIZATION IS REQUIRED TO MAKE ITS FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. THE ORGANIZATION MAY CHARGE A SMALL FEE TO COVER THE COST OF COPYING AND MAILING THE FINANCIAL STATEMENTS. AT THIS TIME THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS OR CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC BECAUSE THE LAW DOES NOT REQUIRE THEM TO BE MADE AVAILABLE TO THE PUBLIC. |
| FORM 990, PART XI, LINE 9: | PPP LOAN WAS RECORDED AS GRANT REVENUE ON 2020 FINANCIAL 2,041,900. BUT LOAN WAS FORGIVEN IN 2021 SO BACKED OUT OF REVENUE ON 990 RETURN FOR 2020. |
| PART XII, LINE 2C | THE ORGANIZATION HAS AN AUDIT COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT AND THE SELECTION OF THE INDEPENDENT AUDITORS. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. |
| PART V, LINE 7G AND 7H | CGFNS INTERNATIONAL DID NOT RECEIVE ANY CONTRIBUTIONS OF QUALIFIED INTELLECTUAL PROPERTY OR ANY CONTRIBUTIONS OF CARS, BOATS, AIRPLANES AND OTHER VEHICLES. THEREFORE, THE ORGANIZATION IS NOT SUBJECT TO THE FILING REQUIREMENTS FOR THESE TYPES OF CONTRIBUTIONS. |
| SCHEDULE F, PART I, LINE 1 | CGFNS INTERNATIONAL DOES NOT GIVE GRANTS OR ASSISTANCE, THEREFORE THIS QUESTION IS NOT APPLICABLE. |
| Software ID: | |
| Software Version: |