Skip to content
Nonprofiteer
← CENTER FOR EMPOWERED POLITICS EDUCATION FUND

Form 990 for tax year 2023

Filed by CENTER FOR EMPOWERED POLITICS EDUCATION FUND.

Totals

Total revenue
$14,094,602
Total expenses
$7,362,851
Contributions and grants received
$13,142,951
Grants paid
$756,711
Program service revenue
$935,746
Investment income
$51,115
Other revenue
-$35,210
Total assets, end of year
$22,918,683
Total liabilities, end of year
$6,708,601
Net assets or fund balances, end of year
$16,210,082
Program services expenses (Part IX)
$5,071,329
Management and general expenses
$1,751,271
Fundraising expenses
$540,251
Program service expenses (Part III)
$5,071,329

Program services were 68.9% 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

    $13,142,951

  • 2a · Program service revenue: GOVERNMENT CONTRACT REVENUE

    total $642,122 · related or exempt $642,122

  • 2b · Program service revenue: FEES FOR SERVICES

    total $293,624 · related or exempt $293,624

  • 3 · Investment income

    total $51,115 · related or exempt $51,115

  • 6a · Gross rents

    real property $32,178

  • 6b · Less rental expenses

    real property $67,388

  • 6c · Rental income or loss

    real property -$35,210

  • 6d · Net rental income or loss

    total -$35,210 · related or exempt -$35,210

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $756,711 · program services $756,711

  • 11b · Fees: legal

    total $16,343 · management and general $16,343

  • 11c · Fees: accounting

    total $2,071 · management and general $2,071

  • 11g · Fees: other

    total $5,827,124 · program services $3,747,329 · management and general $1,573,532 · fundraising $506,263

  • 12 · Advertising and promotion

    total $46,136 · program services $46,136

  • 17 · Travel

    total $163,333 · program services $111,883 · management and general $35,068 · fundraising $16,382

  • 19 · Conferences, conventions and meetings

    total $31,263 · program services $31,263

  • 22 · Depreciation, depletion and amortization

    total $59,846 · program services $59,846

  • 23 · Insurance

    total $76,812 · management and general $76,812

  • 24a · Other expenses: MOBILE DEVICES AND INTE

    total $61,457 · program services $41,791 · management and general $13,520 · fundraising $6,146

  • 24b · Other expenses: FOOD/CATERING/WATER

    total $61,350 · program services $61,350

  • 24c · Other expenses: SOFTWARE AS A SERVICE

    total $55,014 · program services $53,814 · management and general $1,200

  • 24d · Other expenses: DUES, LICENSES, SERVICE

    total $46,247 · program services $41,693 · management and general $4,554

  • 24e · All other expenses

    total $159,144 · program services $119,513 · management and general $28,171 · fundraising $11,460

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $2,814,122 · end of year $7,328,059

  • 2 · Savings and temporary cash investments

    beginning of year $1,424,687 · end of year $2,500,000

  • 4 · Accounts receivable

    beginning of year $2,514,633 · end of year $3,693,658

  • 9 · Prepaid expenses and deferred charges

    beginning of year $1,002,842 · end of year $7,040,353

  • 10a · Land, buildings and equipment: cost or other basis

    $1,588,429

  • 10b · Land, buildings and equipment: accumulated depreciation

    $46,302

  • 10c · Land, buildings and equipment, net

    beginning of year $132,201 · end of year $1,542,127

  • 12 · Investments: other securities

    beginning of year $275,014 · end of year $814,486

  • 15 · Other assets

    beginning of year $1,403,894 · end of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $654,236 · end of year $6,688,601

  • 19 · Deferred revenue

    end of year $20,000

  • 27 · Net assets without donor restrictions

    beginning of year $2,498,208 · end of year $5,832,705

  • 28 · Net assets with donor restrictions

    beginning of year $6,414,949 · end of year $10,377,377

Mission and programs · 2023

Mission

CEPEF operates as a grassroots, community-based organization, promoting civic education and engagement, conducting research on the effects of policies on poverty and racial inequity, training and developing leaders for racial injustice, building capacity for community organizations, and empowering low-income and working-class communities throughout the United States.

  • Build and exercise progressive political power through mass-based electoral organizing and integrated strategies, including base-building and policy advocacy.

    Expenses $3,448,504 · Grants $562,493 · Revenue $873,821

  • Provide capacity building and organizational development support for social, racial, and economic justice organizations.

    Expenses $1,622,825 · Grants $194,218 · Revenue $77,830

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Alex T Tom

    PRESIDENT

    Total calculated
    $106,467
    From this org
    $0
    From related orgs
    $106,467
    Other
    $0
    Hours/week
    1 + 40 related

  • Tim Duy Ly

    TREASURER

    Total calculated
    $162,745
    From this org
    $0
    From related orgs
    $162,745
    Other
    $0
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $162,745 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $0 + $162,745 related

  • Mao Chi Liu

    SECRETARY

    Total calculated
    $105,556
    From this org
    $0
    From related orgs
    $105,556
    Other
    $0
    Hours/week
    1 + 40 related

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

None.

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

The 10 largest by cash amount. The API serves every itemized grant.

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.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • CORE COMMONS LLC

    RENTAL REAL ESTATE FOR PROGRAMMATIC PURPOSES · CA · income $32,178 · assets $1,418,019

    Directly controlled by CENTER FOR EMPOWERED POLITICS EDUCATION FUND

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • RESILIENT STRATEGIES

    C · MANAGEMENT AND FINANCIAL ADMINISTRATION · CA · 50% owned · share of income $456,002 · share of assets $3,642,655

Provenance

Return type
form_990
Tax year
2023
Filed
19 August 2024
IRS schema version
2023v5.1
Source object
202422329349301382

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.