Totals
- Total revenue
- $1,662,436
- Total expenses
- $750,155
- Contributions and grants received
- $1,662,606
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- -$209
- Other revenue
- $39
- Total assets, end of year
- $2,036,962
- Total liabilities, end of year
- $840,893
- Net assets or fund balances, end of year
- $1,196,069
- Program services expenses (Part IX)
- $583,129
- Management and general expenses
- $133,399
- Fundraising expenses
- $33,627
- Program service expenses (Part III)
- $583,129
Program services were 77.7% 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.
-
1f · All other contributions, gifts and grants
$1,662,606
-
1g · Noncash contributions included above
$10,161
-
3 · Investment income
total $1 · unrelated business $0 · excluded $1
-
7a · Gross sales of assets other than inventory
securities $9,951
-
7b · Less cost or other basis and sales expenses
securities $10,161
-
7c · Gain or loss
securities -$210
-
7d · Net gain or loss
total -$210 · related or exempt $0 · unrelated business $0 · excluded -$210
-
11a · Other revenue: VENDOR REFUND
total $39 · related or exempt $39 · unrelated business $0 · excluded $0
-
11e · Other revenue, total
$39
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $162,982 · program services $112,031 · management and general $39,226 · fundraising $11,725
-
7 · Other salaries and wages
total $117,083 · program services $107,433 · management and general $5,600 · fundraising $4,050
-
9 · Other employee benefits
total $16,133 · program services $14,503 · management and general $1,289 · fundraising $341
-
10 · Payroll taxes
total $21,877 · program services $17,212 · management and general $3,413 · fundraising $1,252
-
11b · Fees: legal
total $6,284 · program services $3,020 · management and general $604 · fundraising $2,660
-
11c · Fees: accounting
total $13,111 · program services $9,769 · management and general $2,842 · fundraising $500
-
11g · Fees: other
total $142,400 · program services $138,633 · management and general $3,767 · fundraising $0
-
12 · Advertising and promotion
total $1,579 · program services $523 · management and general $284 · fundraising $772
-
13 · Office expenses
total $29,301 · program services $15,287 · management and general $7,113 · fundraising $6,901
-
14 · Information technology
total $40,268 · program services $30,063 · management and general $5,517 · fundraising $4,688
-
16 · Occupancy
total $186,662 · program services $124,969 · management and general $61,693 · fundraising $0
-
17 · Travel
total $2,900 · program services $2,390 · management and general $43 · fundraising $467
-
19 · Conferences, conventions and meetings
total $4,576 · program services $4,169 · management and general $359 · fundraising $48
-
22 · Depreciation, depletion and amortization
total $214 · program services $0 · management and general $214 · fundraising $0
-
23 · Insurance
total $4,211 · program services $2,876 · management and general $1,335 · fundraising $0
-
24a · Other expenses: MEDIA
total $574 · program services $251 · management and general $100 · fundraising $223
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $280,662 · end of year $1,213,819
-
2 · Savings and temporary cash investments
beginning of year $149 · end of year $149
-
9 · Prepaid expenses and deferred charges
beginning of year $14,398 · end of year $15,165
-
10a · Land, buildings and equipment: cost or other basis
$38,847
-
10b · Land, buildings and equipment: accumulated depreciation
$36,921
-
10c · Land, buildings and equipment, net
beginning of year $2,140 · end of year $1,926
-
15 · Other assets
beginning of year $966,157 · end of year $805,903
-
17 · Accounts payable and accrued expenses
beginning of year $83,518 · end of year $84,888
-
25 · Other liabilities
beginning of year $896,200 · end of year $756,005
-
27 · Net assets without donor restrictions
beginning of year $233,176 · end of year $375,071
-
28 · Net assets with donor restrictions
beginning of year $50,612 · end of year $820,998
Mission and programs · 2024
Mission
THE ORGANIZATIONS MISSION IS TO FOSTER KNOWLEDGE AND UNDERSTANDING OF A RANGE OF NATIONAL SECURITY AND FOREIGN POLICY ISSUES. THESE EFFORTS WILL LEAD TO DEVELOPING AND WIDELY DISSEMINATING A NATIONAL SECURITY VISION AND STRATEGY FOR THE 21ST CENTURY.
Activities or mission (Part I)
THE ORGANIZATIONS EXEMPT PURPOSE IS TO FOSTER KNOWLEDGE AND UNDERSTANDING OF A RANGE OF NATIONAL SECURITY AND FOREIGN POLICY ISSUES.
-
SEE ATTACHED STATEMENT.
Expenses $583,129
As filed on the 2024 return.
Listed in Part VII
-
Matthew WallinMATTHEW WALLIN
CEO/TREASURER
- Total calculated
- $159,983
- From this org
- $152,667
- From related orgs
- $0
- Other
- $7,316
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $149,667
- Bonus
- $3,000
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $7,316
- Filer's total
- $159,983
-
Norman SeipNORMAN SEIP
DIRECTOR,PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
Gary HartGARY HART
CHAIRMAN EMERITUS
- Total calculated
- $0
- Hours/week
- 0.2
-
Stephen A CheneySTEPHEN A CHENEY
PRESIDENT EMERITUS
- Total calculated
- $0
- Hours/week
- 0.5
-
Donald BeyerDONALD BEYER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.2
-
Daniel ChristmanDANIEL CHRISTMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.2
-
Robert B CroweROBERT B CROWE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.2
-
William FallonWILLIAM FALLON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.2
-
Lee GunnLEE GUNN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.2
-
Chuck HagelCHUCK HAGEL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.2
-
Claudia KennedyCLAUDIA KENNEDY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.2
-
Ed ReillyED REILLY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.2
-
David WadeDAVID WADE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Katherine Leigh Garland ReidKATHERINE LEIGH GARLAND REID
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.2
-
Christine Todd WhitmanCHRISTINE TODD WHITMAN
CHAIRPERSON - PARTIAL YEAR
- Total calculated
- $0
- Hours/week
- 0.2
-
Alejandro BritoALEJANDRO BRITO
DIRECTOR - PARTIAL YEAR
- Total calculated
- $0
- Hours/week
- 0.2
-
Lee CullumLEE CULLUM
DIRECTOR - PARTIAL YEAR
- Total calculated
- $0
- Hours/week
- 0.2
-
Nelson W CunninghamNELSON W CUNNINGHAM
DIRECTOR - PARTIAL YEAR
- Total calculated
- $0
- Hours/week
- 0.2
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 · Written employment contract
- 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
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
AMERICAN SECURITY ACTION FUND INC
501(c)(4) · COMMUNICATIONS AND ADVOCACY · DC · controlled entity
Directly controlled by AMERICAN SECURITY PROJECT
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 21 July 2025
- IRS schema version
- 2024v5.2
- Source object
- 202542279349301744
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