Form 990 for tax year 2024
Filed by Americans for Financial Reform.
Totals
- Total revenue
- $1,066,506
- Total expenses
- $1,171,618
- Contributions and grants received
- $1,006,504
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $30,521
- Other revenue
- $29,481
- Total assets, end of year
- $1,545,680
- Total liabilities, end of year
- $141,123
- Net assets or fund balances, end of year
- $1,404,557
- Program services expenses (Part IX)
- $959,633
- Management and general expenses
- $153,784
- Fundraising expenses
- $58,201
- Program service expenses (Part III)
- $959,633
Program services were 81.9% 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
$1,006,504
-
3 · Investment income
total $30,521 · excluded $30,521
-
8c · Net income from fundraising events
total $0
-
11a · Other revenue: Miscellaneous
total $29,481 · related or exempt $29,481
-
11e · Other revenue, total
$29,481
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $882,723 · program services $732,157 · management and general $110,696 · fundraising $39,870
-
9 · Other employee benefits
total $21,169 · program services $17,558 · management and general $2,655 · fundraising $956
-
11b · Fees: legal
total $3,886 · program services $3,245 · management and general $609 · fundraising $32
-
11c · Fees: accounting
total $22,276 · program services $18,599 · management and general $3,493 · fundraising $184
-
11g · Fees: other
total $96,161 · program services $80,288 · management and general $15,079 · fundraising $794
-
13 · Office expenses
total $28,060 · program services $24,609 · management and general $2,536 · fundraising $915
-
14 · Information technology
total $55,458 · program services $37,469 · management and general $4,814 · fundraising $13,175
-
16 · Occupancy
total $45,499 · program services $37,738 · management and general $5,706 · fundraising $2,055
-
23 · Insurance
total $4,839 · program services $830 · management and general $3,964 · fundraising $45
-
24a · Other expenses: Staff Development
total $11,547 · program services $7,140 · management and general $4,232 · fundraising $175
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,453,919 · end of year $284,985
-
3 · Pledges and grants receivable
beginning of year $271,808 · end of year $463,486
-
9 · Prepaid expenses and deferred charges
beginning of year $3,167 · end of year $3,167
-
10a · Land, buildings and equipment: cost or other basis
$79,925
-
10c · Land, buildings and equipment, net
beginning of year $73,000 · end of year $79,925
-
11 · Investments: publicly traded securities
beginning of year $533,596 · end of year $714,117
-
17 · Accounts payable and accrued expenses
beginning of year $825,821 · end of year $3,650
-
25 · Other liabilities
end of year $137,473
-
27 · Net assets without donor restrictions
beginning of year $1,132,253 · end of year $1,176,636
-
28 · Net assets with donor restrictions
beginning of year $377,416 · end of year $227,921
Mission and programs · 2024
Mission
To lay the foundation for a strong, stable, and ethical financial system.
-
Public Education and Communications: Our public education and communications materials and activities provide information and analysis on a broad range of finance and financial markets related matters, from the impact of high-cost lending, to investor protections, to capital markets and derivatives regulation and more. Our audiences include our institutional allies (national, state and local groups), the general public, opinion leaders, policymakers, and various forms of media. We work to build public will for substantial reform toward a just and accountable financial system. Our work has resulted in thousands of mentions in the press and social media. . Building and Maintaining a Broad Coalition: We bring together a nonpartisan nonprofit coalition of more than 200 civil rights, consumer, labor, investor, small business, and civic and community-based organizations. We build connections among disparate groups; put together and nurture an infrastructure to develop and share information, experiences, insights, tools, tactics, and strategies; and provide materials, research, and other tools so that together we can develop and advance economic and racial justice priorities to reform the financial system. Policy Analysis and Development: We analyse policy proposals in the financial space, including regulatory proposals from the CFPB, Federal Reserve, FDIC, SEC, CFTC and more, as well as legislative proposals; write regulatory comment letters arguing for consumer and investor protection, financial stability, big bank accountability, increased transparency, an end to racial discrimination, etc; testify as experts before Congress; convene public policy conversations; research and write memoranda and reports. And we work with our allies to develop and propose policy solutions to stop financial sector abuses of economically vulnerable families and communities, and reverse growing inequality that results from unchecked financialization and speculation.
Expenses $959,633
As filed on the 2024 return.
Listed in Part VII
-
Damon Silver
Director
- Total calculated
- $0
- Hours/week
- 1.25
-
Terrysa Guerra
Director
- Total calculated
- $0
- Hours/week
- 1.25
-
Ed Mierzwinski
Secretary
- Total calculated
- $0
- Hours/week
- 1.25
-
Lisa Donner
Executive Director
- Total calculated
- $0
- Hours/week
- 10
-
Renata Pumarol
President
- Total calculated
- $0
- Hours/week
- 1.25
-
Virginia Robnett
Chief Operating Officer
- Total calculated
- $0
- Hours/week
- 10
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.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 13 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202513189349307021
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