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Nonprofiteer
← THIRD ACT INITIATIVE INC

Form 990 for tax year 2023

Filed by THIRD ACT INITIATIVE INC.

Totals

Total revenue
$2,008,973
Total expenses
$1,919,749
Contributions and grants received
$2,008,973
Grants paid
$0
Program service revenue
$0
Investment income
$0
Other revenue
$0
Total assets, end of year
$285,964
Total liabilities, end of year
$31,166
Net assets or fund balances, end of year
$254,798
Program services expenses (Part IX)
$1,319,653
Management and general expenses
$485,280
Fundraising expenses
$114,816
Program service expenses (Part III)
$1,319,653

Program services were 68.7% 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

    $2,008,973

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $255,155 · program services $176,057 · management and general $66,340 · fundraising $12,758

  • 7 · Other salaries and wages

    total $564,324 · program services $389,384 · management and general $146,724 · fundraising $28,216

  • 9 · Other employee benefits

    total $103,973 · program services $71,741 · management and general $27,033 · fundraising $5,199

  • 10 · Payroll taxes

    total $66,687 · program services $46,014 · management and general $17,339 · fundraising $3,334

  • 11b · Fees: legal

    total $18,832 · management and general $18,832

  • 11g · Fees: other

    total $407,949 · program services $257,256 · management and general $100,623 · fundraising $50,070

  • 12 · Advertising and promotion

    total $257,628 · program services $246,149 · management and general $3,830 · fundraising $7,649

  • 13 · Office expenses

    total $6,246 · program services $1,125 · management and general $5,100 · fundraising $21

  • 14 · Information technology

    total $105,292 · program services $44,741 · management and general $53,915 · fundraising $6,636

  • 16 · Occupancy

    total $1,507 · program services $868 · management and general $639

  • 17 · Travel

    total $57,394 · program services $50,542 · management and general $6,321 · fundraising $531

  • 23 · Insurance

    total $12,685 · management and general $12,685

  • 24a · Other expenses: SUPPLIES

    total $29,217 · program services $27,953 · management and general $1,066 · fundraising $198

  • 24b · Other expenses: BANK CHARGES & FEES

    total $22,988 · management and general $22,988

  • 24c · Other expenses: PRINTING AND REPRODUCTI

    total $6,982 · program services $5,018 · management and general $1,775 · fundraising $189

  • 24d · Other expenses: MEALS AND ENTERTAINMENT

    total $2,890 · program services $2,805 · management and general $70 · fundraising $15

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $165,574 · end of year $285,964

  • 17 · Accounts payable and accrued expenses

    end of year $31,166

  • 27 · Net assets without donor restrictions

    beginning of year $165,574 · end of year $254,798

Mission and programs · 2023

Mission

TO BUILD A COMMUNITY OF AMERICANS OVER THE AGE OF SIXTY DETERMINED TO CHANGE THE WORLD FOR THE BETTER.

  • THE ORGANIZATION DEVELOPS AND SUPPORTS THIRD ACT WORKING GROUPS IN GEOGRAPHIC AND INTEREST-BASED COMMUNITIES ACROSS THE UNITED STATES, WHO CARRY OUT PROGRAMMATIC CAMPAIGNS TO SAFEGUARD DEMOCRACY AND CIVIL RIGHTS, AND TO PROTECT OUR CLIMATE.

    Expenses $1,319,653

As filed on the 2023 return.

Listed in Part VII

  • Akaya Windwood

    CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Heather Booth

    TREASURER

    Total calculated
    $0
    Hours/week
    1
  • Bill McKibben

    SECRETARY

    Total calculated
    $0
    Hours/week
    1
  • Vanessa Arcara

    PRESIDENT

    Total calculated
    $121,188
    From this org
    $120,938
    From related orgs
    $0
    Other
    $250
    Hours/week
    40
  • Kafia Ahmed

    CHIEF EXECUTIVE OFFICER

    Total calculated
    $133,967
    From this org
    $120,938
    From related orgs
    $0
    Other
    $13,029
    Hours/week
    40

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
14 November 2024
IRS schema version
2023v5.1
Source object
202433199349313803

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