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← Americans for Financial Reform

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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