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Nonprofiteer
← RENEW DEMOCRACY INITIATIVE INC

Form 990 for tax year 2022

Filed by RENEW DEMOCRACY INITIATIVE INC.

Totals

Total revenue
$10,493,875
Total expenses
$6,664,575
Contributions and grants received
$10,477,391
Grants paid
$5,415,250
Program service revenue
$16,000
Investment income
$484
Other revenue
$0
Total assets, end of year
$4,660,111
Total liabilities, end of year
$473,923
Net assets or fund balances, end of year
$4,186,188
Program services expenses (Part IX)
$6,425,354
Management and general expenses
$154,748
Fundraising expenses
$84,473
Program service expenses (Part III)
$6,425,354

Program services were 96.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $61,856

  • 1f · All other contributions, gifts and grants

    $10,415,535

  • 2a · Program service revenue: EARNED INCOME - UNIVERSITY LECTUR

    total $16,000 · related or exempt $16,000

  • 3 · Investment income

    total $484 · excluded $484

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $563,000 · program services $563,000

  • 3 · Grants to foreign organizations and individuals

    total $4,852,250 · program services $4,852,250

  • 5 · Compensation of officers, directors and key employees

    total $172,028 · program services $128,728 · management and general $17,729 · fundraising $25,571

  • 7 · Other salaries and wages

    total $233,571 · program services $154,798 · management and general $57,348 · fundraising $21,425

  • 9 · Other employee benefits

    total $8,211 · program services $5,748 · management and general $1,560 · fundraising $903

  • 10 · Payroll taxes

    total $34,331 · program services $24,032 · management and general $6,523 · fundraising $3,776

  • 11b · Fees: legal

    total $2,500 · management and general $2,500

  • 11c · Fees: accounting

    total $31,721 · management and general $31,721

  • 11g · Fees: other

    total $287,534 · program services $269,578 · management and general $5,637 · fundraising $12,319

  • 12 · Advertising and promotion

    total $109,801 · program services $105,554 · management and general $4,247

  • 13 · Office expenses

    total $10,109 · management and general $10,109

  • 14 · Information technology

    total $151,650 · program services $151,650

  • 16 · Occupancy

    total $50,499 · program services $35,349 · management and general $9,595 · fundraising $5,555

  • 17 · Travel

    total $130,045 · program services $117,775 · fundraising $12,270

  • 23 · Insurance

    total $3,195 · management and general $3,195

  • 24a · Other expenses: OTHER

    total $23,482 · program services $16,438 · management and general $4,461 · fundraising $2,583

  • 24b · Other expenses: UTILITIES

    total $648 · program services $454 · management and general $123 · fundraising $71

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $205,985 · end of year $879,837

  • 2 · Savings and temporary cash investments

    beginning of year $269,785 · end of year $3,658,460

  • 4 · Accounts receivable

    end of year $76,029

  • 9 · Prepaid expenses and deferred charges

    end of year $20,287

  • 12 · Investments: other securities

    end of year $19,084

  • 15 · Other assets

    beginning of year $0 · end of year $6,414

  • 17 · Accounts payable and accrued expenses

    beginning of year $18,107 · end of year $368,923

  • 19 · Deferred revenue

    end of year $105,000

  • 25 · Other liabilities

    beginning of year $62,147 · end of year $0

  • 27 · Net assets without donor restrictions

    beginning of year $395,516 · end of year $4,186,188

Mission and programs · 2022

Mission

WE AIM TO CREATE A MOVEMENT UNITED BY THE COMMON LANGUAGE OF CONSTITUTIONAL VALUES. THREATS TO OUR DEMOCRACY, SUCH AS MISINFORMATION, FOREIGN INTERVENTION, AND DEMAGOGUERY WILL NOT DISAPPEAR. BUT WE CAN CREATE RESILIENCE TO THOSE DANGERS BY WORKING TOGETHER TO PROMOTE DEMOCRATIC PRINCIPLES AND CIVIC BEHAVIOR IN THE PUBLIC SPHERE.

  • RDI CONFRONTS AND EXPOSES THE INTERNATIONAL ALLIANCE OF DICTATORS AND IN DOING SO, IT INSPIRES PEOPLE IN THE US AND IN OTHER FREE COUNTRIES TO VALUE AND DEFEND THEIR OWN DEMOCRACIES. IT ACCOMPLISHES THIS MISSION THROUGH A FOCUS ON EDUCATION, ADVOCACY, AND ACTION. RDI CREATES CONTENT HIGHLIGHTING THE VOICES OF DISSIDENTS - PEOPLE WHO HAVE RISKED THEIR LIVES FOR SOME SEMBLANCE OF FREEDOM IN THEIR OWN COUNTRIES - TO BOTH EMPHASIZE THE VALUE OF DEMOCRACY AND REVEAL THE MANY THREATS IT FACES. IT ORGANIZES EVENTS THAT UNITE PEOPLE FROM A DIVERSE ARRAY OF COMMUNITIES AND MOVEMENTS IN DEFENSE OF FREEDOM. IT ENGAGES IN SPECIAL PROJECTS WHERE IT CAN HAVE UNIQUE LEVERAGE TO EFFECT CHANGE AMONG KEY PUBLIC THOUGHT LEADERS. AND IT ENGAGES IN DIRECT ACTION TO HELP THOSE FIGHTING ON THE FRONTLINES OF THE GLOBAL BATTLE BETWEEN FREEDOM AND TYRANNY. SINCE FEBRUARY 24TH, 2022, RDI HAS FOCUSED ON SUPPORTING UKRAINE THROUGH HUMANITARIAN GRANT-MAKING AND PUBLIC EDUCATION CAMPAIGNS AS KYIV HAS BECOME THE EPICENTER OF THIS FIGHT

    Expenses $6,425,354 · Grants $5,415,250

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Garry Kasparov

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    8

  • Heidi Heitkamp

    PRESIDENT

    Total calculated
    $0
    Hours/week
    3

  • Annie Duke

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Michael Steele

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Bob Kerrey

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3

  • Mickey Edwards

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Igor Kirman

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Alexander Vindman

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3

  • Uriel Epshtein

    EXECUTIVE DIRECTOR

    Total calculated
    $172,028
    From this org
    $166,186
    From related orgs
    $0
    Other
    $5,842
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $166,186
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $5,842
    Filer's total
    $172,028

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

  • AMERICAN PURPOSE INC

    $325,000

    To build, energize, and focus a coalition of like-minded individuals and organizations in support of Ukraine at a time when Ukraine fatigue is setting in and the German economy faces a serious stress test.

  • INSTITUTE OF MODERN RUSSIA INC

    $238,000

    SUPPORT PROJECT SUNRISE WHICH DELIVERS CRITICALLY NEEDED HUMANITARIAN AID DIRECTLY TO THE REGIONS OF UKRAINE MOST AFFECTED BY THE WAR

Provenance

Return type
form_990
Tax year
2022
Filed
15 November 2023
IRS schema version
2022v5.0
Source object
202303199349329725

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