| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 85,775 | 0 | 0 | 0 |
| Description of Property | Date Acquired | Cost or Other Basis | Prior Years' Depreciation | Computation Method | Rate / Life (# of years) |
Current Year's Depreciation Expense | Net Investment Income | Adjusted Net Income | Cost of Goods Sold Not Included |
|---|---|---|---|---|---|---|---|---|---|
| FURNITURE AND FIXTURES | 2020-12-31 | 437,120 | 205,711 | SL | 7.000000000000 | 123,039 | 0 | 123,039 | |
| COMPUTERS AND EQUIPMENT | 2019-06-30 | 685,650 | 451,710 | SL | 5.000000000000 | 55,137 | 0 | 55,137 | |
| PHOTO PRODUCTION EQUIPMENT | 2019-06-30 | 223,209 | 147,281 | SL | 7.000000000000 | 28,525 | 0 | 28,525 | |
| LEASEHOLD IMPROVEMENTS | 2021-07-01 | 2,656,247 | 1,027,719 | SL | 9.000000000000 | 296,096 | 0 | 296,096 | |
| COMPUTERS AND EQUIPMENT | 2025-05-01 | 5,796 | SL | 3.000000000000 | 1,288 | 0 | 1,288 |
| Identifier | Return Reference | Explanation |
|---|---|---|
| FORM 990PF, PART VIII-A, LINE 1: | UNDERSTOOD.ORG IS A NONPROFIT DEDICATED TO EMPOWERING THE 70 MILLION PEOPLE IN THE UNITED STATES WITH LEARNING AND THINKING DIFFERENCES, LIKE ADHD AND DYSLEXIA. THROUGH FREE, EXPERT-VETTED RESOURCES, DIGITAL TOOLS, AND SUPPORT, WE SERVE MORE THAN 20 MILLION PEOPLE EACH YEAR, INCLUDING FAMILIES, EDUCATORS, AND INDIVIDUALS, WITH THE GOAL OF HELPING PEOPLE WHO LEARN AND THINK DIFFERENTLY THRIVE IN SCHOOL, AT WORK, AND IN LIFE.UNDERSTOOD WAS FOUNDED BY FRED AND NANCY POSES AFTER THEY EXPERIENCED FIRSTHAND HOW DIFFICULT IT WAS TO FIND CLEAR INFORMATION, TRUSTED GUIDANCE, AND COMMUNITY SUPPORT FOR THEIR CHILD WITH LEARNING AND THINKING DIFFERENCES. THEY CREATED UNDERSTOOD TO HELP OTHER FAMILIES ACCESS THE RESOURCES AND COMMUNITY THEY HAD STRUGGLED TO FIND.OUR WORK INCLUDES DIGITAL EXPERIENCES, CONTENT, ONLINE COMMUNITIES, AND MEDIA INITIATIVES DESIGNED TO INCREASE UNDERSTANDING, REDUCE STIGMA, AND DRIVE POSITIVE BEHAVIOR CHANGE FOR PEOPLE WHO LEARN AND THINK DIFFERENTLY. THIS WORK IS GROUNDED IN RESEARCH, EXPERTISE, AND INSIGHTS FROM PEOPLE WITH LIVED EXPERIENCE, AND WE MEASURE ITS IMPACT THROUGH OUR SPARC FRAMEWORK, WHICH EVALUATES SELF-CONCEPT, PURPOSE, AUTONOMY, RELATIONSHIPS, AND CAPACITY. OUR RESEARCH AND EVALUATION EFFORTS HELP GENERATE INSIGHTS AND MEASURE OUTCOMES RELATED TO HEALTH LITERACY, HOPE, WORKPLACE INCLUSION, AND CHILD THRIVING.KEY INITIATIVES:- THE UNDERSTOOD.ORG CONTENT LIBRARY, WHICH OFFERS THOUSANDS OF ARTICLES, PRINTABLES, AND OTHER RESOURCES IN ENGLISH AND SPANISH FOR PARENTS, EDUCATORS, AND OTHERS NAVIGATING LEARNING AND THINKING DIFFERENCES.- THE UNDERSTOOD PODCAST NETWORK, WHICH FEATURES 12 SHOWS THAT OFFER PERSONAL STORIES AND PERSPECTIVES FROM AND FOR PEOPLE WHO LEARN AND THINK DIFFERENTLY. THESE INCLUDE THE AWARD-WINNING PODCASTS ADHD AHA! AND CLIMBING THE WALLS. OUR PODCASTS HAVE EARNED RECOGNITION FROM THE SIGNAL AWARDS, WOMEN WHO PODCAST AWARDS, RADIO TELEVISION DIGITAL NEWS ASSOCIATION, AND THE WEBBY AWARDS.- DIGITAL TOOLS AND INTERACTIVE EXPERIENCES THAT HELP USERS BUILD AWARENESS AND DEVELOP PRACTICAL STRATEGIES TO MANAGE CHALLENGES. THESE INCLUDE ADHD UNSTUCK, CREATED WITH NORTHWESTERN UNIVERSITY'S LAB FOR SCALABLE MENTAL HEALTH, THE AI-POWERED UNDERSTOOD ASSISTANT, AND THROUGH MY EYES, AN IMMERSIVE EXPERIENCE THAT HELPS PARENTS AND EDUCATORS EXPERIENCE WHAT EVERYDAY LIFE FEELS LIKE FOR KIDS WITH ADHD, DYSLEXIA, AND DYSCALCULIA- MEDIA CAMPAIGNS THAT REDUCE STIGMA, INCREASE UNDERSTANDING OF LEARNING AND THINKING DIFFERENCES, AND IMPROVE BRAND DISCOVERABILITY, INCLUDING OUR AWARD-WINNING "BE THE REASON" CAMPAIGN. - SOCIAL MEDIA AND NEWS CONTENT ACROSS INSTAGRAM, FACEBOOK, LINKEDIN, PINTEREST, TIKTOK, AND YOUTUBE, WHICH PROVIDES COMMUNITY, CREDIBLE INFORMATION, AND PRACTICAL RESOURCES FOR A VARIETY OF AUDIENCES.- PARTNERSHIPS WITH COMPANIES, NONPROFITS, AND OTHER MISSION-ALIGNED ORGANIZATIONS TO ADVANCE SUPPORT AND DRIVE IMPACT FOR PEOPLE WHO LEARN AND THINK DIFFERENTLY THROUGH CO-CREATED CONTENT, CAMPAIGNS, AND RESEARCH.- THOUGHT LEADERSHIP, AWARENESS, AND STIGMA REDUCTION EFFORTS TO PROMOTE NEUROINCLUSION IN THE WORKPLACE. |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| ARES CAPITAL CORP COM | 383,338 | 383,338 |
| BLACKSTONE SECD LENDING FD COMMON STOCK | 310,141 | 310,141 |
| GOLUB CAP BDC INC COM | 302,937 | 302,937 |
| INVESCO QQQ TR UNIT SER 1 | 4,268,840 | 4,268,840 |
| ISHARES S&P SMALLCAP 600 VALUE INDEX FUND | 3,833,340 | 3,833,340 |
| ISHARES TRUST CORE DIVIDEND GROWTH | 3,309,460 | 3,309,460 |
| SPDR S&P500 ETF TRUST UNIT | 7,942,322 | 7,942,322 |
| VANGUARD FINANCIALS INDEX FUND | 1,197,801 | 1,197,801 |
| VANGUARD INDEX FDS VANGUARD GROWTH ETF | 4,142,907 | 4,142,907 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| FURNITURE AND FIXTURES | 437,120 | 328,750 | 108,370 | |
| COMPUTERS AND EQUIPMENT | 685,650 | 506,847 | 178,803 | |
| PHOTO PRODUCTION EQUIPMENT | 223,209 | 175,806 | 47,403 | |
| LEASEHOLD IMPROVEMENTS | 2,656,247 | 1,323,815 | 1,332,432 | |
| COMPUTERS AND EQUIPMENT | 5,796 | 1,288 | 4,508 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 491,461 | 0 | 0 | 7,035 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| OTHER ASSETS | 25,214 | 50,571 | 50,571 |
| SECURITY DEPOSITS | 46,736 | 46,736 | 46,736 |
| RIGHT OF USE ASSET - OPERATING LEASE | 10,161,993 | 9,246,270 | 9,246,270 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INSURANCE | 105,405 | 0 | 0 | 183,343 |
| PUBLIC RELATIONS AND MARKETING | 2,339,517 | 0 | 0 | 2,029,045 |
| IC TEAM | 3,000,121 | 0 | 0 | 671,385 |
| CREATIVE EXPENSES | 245,812 | 0 | 0 | 37,462 |
| WEBSITE PLATFORM | 1,397,145 | 0 | 0 | 2,404,804 |
| ADVERTISING EXP | 2,509,667 | 0 | 0 | 2,641,231 |
| RECRUITMENT EXP | 175,861 | 0 | 0 | 209,878 |
| OFFICE EXP | 539,014 | 0 | 0 | 591,521 |
| TRAINING & PROFESSIONAL DEV | 72,125 | 0 | 0 | 19,585 |
| EVENT EXPENSES | 121,175 | 0 | 0 | 113,213 |
| INFORMATION TECHNOLOGY | 337,313 | 0 | 0 | 9,089 |
| HORTICULTURE | 9,187 | 0 | 0 | 0 |
| AGENCY EXPENSES | 717,194 | 0 | 0 | 490,898 |
| BAD DEBTS EXPENSES | 47,551 | 0 | 0 | 0 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| ICC PROGRAMS PARTICIPATION | 15,550 | 15,550 | |
| REBATES AND REWARDS | 7,885 | 7,885 | |
| LICENSING INCOME | 2,500 | 2,500 | |
| CONTINGENT TAX RECOVERY | 42,399 | 42,399 |
| Description | Amount |
|---|---|
| UNREALIZED GAIN ON INVESTMENTS | 1,397,229 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| LEASE LIABILITY | 11,287,024 | 10,412,096 |
| FEDERAL EXCISE TAXES PAYABLE | 259,996 | 217,597 |
| CREDIT CARD PAYABLE | 68,175 | 47,154 |
| 457F PLAN LIABILITY | 207,177 | 61,405 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| OTHER PROFESSINAL FEES | 231,739 | 0 | 0 | 171,000 |
| BENEFIT ADMINISTRATION FEES | 630,219 | 0 | 0 | 1,128,070 |
| PAYROLL PROCESSING FEES | 61,993 | 0 | 0 | 123,986 |
| INVESTMENT ADVISORY SERVICES | 67,336 | 67,336 | 67,336 | 0 |