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Nonprofiteer
← DEMOCRACY MATTERS

Form 990 for tax year 2023

Filed by DEMOCRACY MATTERS.

Totals

Total revenue
$28,323,061
Total expenses
$46,430
Contributions and grants received
$28,327,709
Grants paid
$0
Program service revenue
$0
Investment income
-$4,648
Other revenue
$0
Total assets, end of year
$28,308,706
Total liabilities, end of year
$32,075
Net assets or fund balances, end of year
$28,276,631
Program services expenses (Part IX)
$32,075
Management and general expenses
$14,355
Fundraising expenses
$0
Program service expenses (Part III)
$32,075

Program services were 69.1% 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

    $28,327,709

  • 1g · Noncash contributions included above

    $2,827,709

  • 3 · Investment income

    total $12 · excluded $12

  • 7a · Gross sales of assets other than inventory

    securities $2,709,695

  • 7b · Less cost or other basis and sales expenses

    securities $2,714,355

  • 7c · Gain or loss

    securities -$4,660

  • 7d · Net gain or loss

    total -$4,660 · excluded -$4,660

Functional expenses

Part IX, the statement of functional expenses.

  • 11b · Fees: legal

    total $806 · management and general $806

  • 11f · Fees: investment management

    total $13,349 · management and general $13,349

  • 11g · Fees: other

    total $30,000 · program services $30,000

  • 13 · Office expenses

    total $275 · program services $75 · management and general $200

  • 17 · Travel

    total $2,000 · program services $2,000

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $0 · end of year $22,308,706

  • 3 · Pledges and grants receivable

    end of year $6,000,000

  • 17 · Accounts payable and accrued expenses

    beginning of year $0 · end of year $32,075

  • 27 · Net assets without donor restrictions

    beginning of year $0 · end of year $2,808,706

  • 28 · Net assets with donor restrictions

    beginning of year $0 · end of year $25,467,925

Mission and programs · 2023

Mission

DEMOCRACY MATTERS WAS FORMED TO CONNECT AND BUILD A COMMUNITY OF PRO-DEMOCRACY DONORS.

  • DEMOCRACY MATTERS CONNECTS AND BUILDS A COMMUNITY OF PRO-DEMOCRACY DONORS.

    Expenses $32,075 · Revenue $28,327,709

As filed on the 2023 return.

Listed in Part VII

  • Bradley Beychok

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1
  • Pilar Martinez

    TREASURER

    Total calculated
    $0
    Hours/week
    1
  • Danny Kazin

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

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
2023
Filed
13 February 2025
IRS schema version
2023v6.0
Source object
202540449349301819

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