Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $8,395,824

• 3 · Investment income

  total $121 · excluded $121

• 11a · Other revenue: OTHER INCOME

  total $16,477 · excluded $16,477

• 11e · Other revenue, total

  $16,477

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $85,000 · program services $85,000

• 5 · Compensation of officers, directors and key employees

  total $383,538 · program services $264,266 · management and general $60,872 · fundraising $58,400

• 7 · Other salaries and wages

  total $67,472 · program services $39,275 · management and general $6,301 · fundraising $21,896

• 9 · Other employee benefits

  total $18,040 · program services $12,732 · management and general $2,397 · fundraising $2,911

• 10 · Payroll taxes

  total $25,520 · program services $17,124 · management and general $3,731 · fundraising $4,665

• 11b · Fees: legal

  total $82,049 · program services $70,509 · management and general $10,700 · fundraising $840

• 11c · Fees: accounting

  total $46,413 · management and general $46,413

• 11g · Fees: other

  total $943,674 · program services $919,067 · management and general $3,607 · fundraising $21,000

• 12 · Advertising and promotion

  total $327 · management and general $327

• 13 · Office expenses

  total $4,980 · program services $620 · management and general $4,301 · fundraising $59

• 14 · Information technology

  total $49,204 · program services $28,369 · management and general $18,733 · fundraising $2,102

• 16 · Occupancy

  total $42,000 · program services $28,313 · management and general $6,225 · fundraising $7,462

• 17 · Travel

  total $46,503 · program services $27,210 · fundraising $19,293

• 19 · Conferences, conventions and meetings

  total $80,587 · program services $58,621 · management and general $3,129 · fundraising $18,837

• 23 · Insurance

  total $6,291 · program services $1,160 · management and general $5,131

• 24a · Other expenses: LICENSE AND FEES

  total $12,725 · program services $1,040 · management and general $11,685

• 24b · Other expenses: DUES AND SUBSCRIPTIONS

  total $7,196 · program services $2,814 · management and general $4,122 · fundraising $260

• 24c · Other expenses: EQUIPMENT

  total $2,665 · management and general $2,665

• 24d · Other expenses: PAYROLL FEES

  total $1,745 · program services $1,177 · management and general $257 · fundraising $311

• 24e · All other expenses

  total $207 · management and general $207

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $429,777 · end of year $301,667

• 2 · Savings and temporary cash investments

  end of year $1,140,105

• 3 · Pledges and grants receivable

  end of year $5,895,324

• 9 · Prepaid expenses and deferred charges

  end of year $9,385

• 15 · Other assets

  beginning of year $3,140 · end of year $20,189

• 17 · Accounts payable and accrued expenses

  beginning of year $11,492 · end of year $32,258

• 18 · Grants payable

  beginning of year $150,000

• 25 · Other liabilities

  beginning of year $144,276 · end of year $550,977

• 27 · Net assets without donor restrictions

  beginning of year $127,149 · end of year -$576,889

• 28 · Net assets with donor restrictions

  end of year $7,360,324

The filer's explanations (Part III)

PART 1 LINE 3

THE ORGANIZATION RELIES ON AMERICAN POLICY VENTURES ACTION, A RELATED ORGANIZATION TO DETERMINE THE COMPENSATION. THE FOLLOWING PROCEDURES WERE USED TO ESTABLISH THE COMPENSATION OF THE OFFICERS: FORM 990 OF OTHER ORGANIZATION, COMPENSATION SURVEY OR STUDY, AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE.